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Filecoin price

Filecoin priceFIL

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Price of Filecoin today

The live price of Filecoin is $7.7 per (FIL / USD) today with a current market cap of $4.69B USD. The 24-hour trading volume is $444.81M USD. FIL to USD price is updated in real time. Filecoin is -1.49% in the last 24 hours. It has a circulating supply of 609,160,100 .

What is the highest price of FIL?

FIL has an all-time high (ATH) of $237.24, recorded on 2021-04-01.

What is the lowest price of FIL?

FIL has an all-time low (ATL) of $1.83, recorded on 2019-08-29.
Calculate Filecoin profit

Filecoin price prediction

When is a good time to buy FIL? Should I buy or sell FIL now?

When deciding whether to buy or sell FIL, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget FIL technical analysis can provide you with a reference for trading.
According to the FIL 4h technical analysis, the trading signal is Neutral.
According to the FIL 1d technical analysis, the trading signal is Buy.
According to the FIL 1w technical analysis, the trading signal is Buy.

What will the price of FIL be in 2025?

Based on FIL's historical price performance prediction model, the price of FIL is projected to reach $12.28 in 2025.

What will the price of FIL be in 2030?

In 2030, the FIL price is expected to change by -20.00%. By the end of 2030, the FIL price is projected to reach $20.22, with a cumulative ROI of +163.96%.

Filecoin price history (USD)

The price of Filecoin is +48.12% over the last year. The highest price of FIL in USD in the last year was $11.81 and the lowest price of FIL in USD in the last year was $2.9.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-1.49%$7.6$7.95
7d+11.88%$6.65$8.38
30d+99.75%$3.79$8.38
90d+111.84%$3.21$8.38
1y+48.12%$2.9$11.81
All-time-32.88%$1.83(2019-08-29, 5 years ago )$237.24(2021-04-01, 3 years ago )

Filecoin market information

Market cap
$4,690,771,265.73
-1.49%
Fully diluted market cap
$15,090,983,144.19
-1.49%
Volume (24h)
$444,806,955.02
-14.90%
Market rankings
Circulation rate
31.00%
24h volume / market cap
9.48%
Circulating supply
609,160,100 FIL
Total supply / Max supply
1.96B FIL
-- FIL
ICO price
Buy Filecoin now

Filecoin ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

About Filecoin (FIL)

About Filecoin

Filecoin is an open-source decentralized storage network. It harnesses unused hard drive space from its global community to create a secure and efficient data storage market. The project is aimed at revolutionizing the way we think about data storage, offering a decentralized alternative to conventional centralized storage options like Amazon S3.

Filecoin was developed by Protocol Labs and was first announced in 2017. Filecoin was scheduled to have its mainnet released in 2019 but had to postpone until October 2020. Built on a peer-to-peer network, Filecoin connects individuals who want to store data with those who have spare storage capacity.

In 2017, Filecoin achieved a remarkable milestone by successfully raising over US$200 million in just 30 minutes. This impressive feat positioned it as one of the largest Initial Coin Offerings (ICOs) of that period.

Resources

Whitepaper: https://filecoin.io/filecoin.pdf

Official website: https://filecoin.io/

How Does TrueUSD Work

Filecoin operates on a unique combination of cryptography, blockchain">blockchain technology, and peer-to-peer networking.

Data Storage

Clients, or those who want to store data, engage with miners, or those who have storage space to spare. The data is encrypted, split into pieces, and stored across different nodes, assuring redundancy and security.

Incentive Structure

Miners are compensated for their storage and retrieval services in FIL tokens, Filecoin's native cryptocurrency. Various proof systems ensure the integrity and availability of the data. These include Proof of Replication (PoRep) and Proof of Space-time (PoSt), which serve as guarantees that miners are faithfully storing the clients' data.

Retrieval

The decentralized network also enables efficient data retrieval. Retrieval miners compete to deliver stored data to clients, and speed and cost are optimized through a market-based system.

What is FIL Token?

FIL, or Filecoin Token, is the native cryptocurrency of the Filecoin network. It is integral to the economic structure of the platform. FIL has a hard cap maximum supply of 2 billion. At the moment, there are 438.68 million FIL tokens in circulation.

- Utility: FIL serves multiple functions within the Filecoin ecosystem. Clients use it to pay for storage and retrieval, and miners are rewarded in FIL for providing these services. It's also used in network governance and decision-making processes.

- Market Presence: FIL has established itself as a prominent cryptocurrency, being listed on major exchanges and witnessing considerable trading volumes.

- Economic Model: Filecoin's economic model ensures that the token's supply and demand align with the network's growth and utilization. The release of tokens is carefully calibrated, creating a balanced ecosystem.

Conclusion

Filecoin's innovation in decentralized storage symbolizes a significant shift in the digital landscape. Its robust technology, historical milestones, and the utility of the FIL token form an interconnected system that challenges traditional centralized data storage systems.

It's important to note that like any other cryptocurrencies, Filecoin carries its own risks and it's always wise to do your own research and exercise caution while investing.

Filecoin Social Data

In the last 24 hours, the social media sentiment score for Filecoin was 3, and the social media sentiment towards Filecoin price trend was Bullish. The overall Filecoin social media score was 0, which ranks 372 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Filecoin being mentioned with a frequency ratio of 0.01%, ranking 294 among all cryptocurrencies.

In the last 24 hours, there were a total of 877 unique users discussing Filecoin, with a total of Filecoin mentions of 123. However, compared to the previous 24-hour period, the number of unique users increase by 6%, and the total number of mentions has decrease by 59%.

On Twitter, there were a total of 1 tweets mentioning Filecoin in the last 24 hours. Among them, 100% are bullish on Filecoin, 0% are bearish on Filecoin, and 0% are neutral on Filecoin.

On Reddit, there were 53 posts mentioning Filecoin in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 6% .

All social overview

Average sentiment (24h)
3
Social media score (24h)
0(#372)
Social contributors (24h)
877
+6%
Social media mentions (24h)
123(#294)
-59%
Social media dominance (24h)
0.01%
X
X posts (24h)
1
0%
X sentiment (24h)
Bullish
100%
Neutral
0%
Bearish
0%
Reddit
Reddit score (24h)
67
Reddit posts (24h)
53
+6%
Reddit comments (24h)
0
0%

How to buy Filecoin(FIL)

Create Your Free Bitget Account

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account

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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Filecoin (FIL)

Buy Filecoin (FIL)

Use a variety of payment options to buy Filecoin on Bitget. We'll show you how.

Trade FIL perpetual futures

After having successfully signed up on Bitget and purchased USDT or FIL tokens, you can start trading derivatives, including FIL futures and margin trading to increase your income.

The current price of FIL is $7.7, with a 24h price change of -1.49%. Traders can profit by either going long or short onFIL futures.

FIL futures trading guide

Join FIL copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or FIL tokens, you can also start copy trading by following elite traders.

Filecoin news

Blockfrost & Filecoin Partner to Strengthen Cardano’s Data
Blockfrost & Filecoin Partner to Strengthen Cardano’s Data

Blockfrost and the Filecoin Foundation have teamed up to enhance Cardano apps with a decentralized storage backup from Filecoin.

Altcoinbuzz2024-12-06 01:44
More Filecoin updates

FAQ

What is FIL price prediction?

Filecoin's (FIL) price may be influenced by growing demand for decentralized storage, roadmap advancements, strategic partnerships, and overall cryptocurrency market sentiment. Increased adoption and collaboration with key players can bolster Filecoin's market position and value.

What is FIL Coin used for?

FIL, Filecoin's native token, powers decentralized storage services and rewards miners for network contributions. Widely traded on platforms like Bitget, FIL's value is influenced by its storage utility and market dynamics. Investors should stay informed on FIL's performance for strategic trading.

Is Filecoin and IPFS the same?

They are related but not the same. Filecoin and IPFS, both by Protocol Labs, offer decentralized storage solutions with distinct roles in Web3. IPFS enables peer-to-peer file sharing, while Filecoin incentivizes persistent storage. Although sometimes confused, IPFS resembles torrents and uses pinning for storage. In comparison, Filecoin ensures continuous access through blockchain rewards, enhancing the decentralized storage market.

How do I mine FIL tokens?

Filecoin (FIL) mining differs from traditional crypto mining, focusing on storage over computation using proof of replication (PoR) and proof of spacetime (PoST). To mine FIL: 1. Acquire powerful computing hardware with ample storage. 2. Set up a Filecoin wallet for managing FIL transactions. 3. Install Filecoin mining software on your hardware. 4. Adjust software settings, linking your Filecoin wallet for reward transfers. 5. Launch the Lotus miner to become an active storage provider. 6. Collect FIL rewards based on your storage capability, retrieval speed, and service reliability. 7. Consider joining mining pools for enhanced reward opportunities by pooling resources with other miners.

How do i store files on Filecoin?

Maximize Filecoin's decentralized storage with these steps: Pick a Filecoin-friendly dApp: Opt for dApps like ChainSafe Files, Estuary, Space Storage, or Web3.Storage to harness Filecoin's decentralized storage potential. Utilize the Lotus Node Client: Get started with Filecoin's storage by downloading the Lotus node client. It's your gateway to the Filecoin storage network. Discover Specialized Filecoin Services: For advanced needs like digital archiving, look into Starling integrated with Lotus, or choose File.video and Voodfy for decentralized video hosting. Dive into Filecoin Storage Alternatives: The ecosystem boasts diverse storage solutions. Consider Fleed, Pinata, Powergate, or Textile Buckets to meet various data storage demands on Filecoin.

How do I fix a failed FIL transaction?

Failure is usually caused by insufficient miner's fee, and you can fix it by keeping more FIL tokens in your wallet to cover the fee.

What is the current price of Filecoin?

The live price of Filecoin is $7.7 per (FIL/USD) with a current market cap of $4,690,771,265.73 USD. Filecoin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Filecoin's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Filecoin?

Over the last 24 hours, the trading volume of Filecoin is $444.81M.

What is the all-time high of Filecoin?

The all-time high of Filecoin is $237.24. This all-time high is highest price for Filecoin since it was launched.

Can I buy Filecoin on Bitget?

Yes, Filecoin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Filecoin guide.

Can I get a steady income from investing in Filecoin?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Filecoin with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Filecoin (FIL)?

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1. Log in to your Bitget account.
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3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
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Cryptocurrency investments, including buying Filecoin online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Filecoin, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Filecoin purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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FIL
USD
1 FIL = 7.7 USD
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BGUSER-MCZB9CQK
BGUSER-MCZB9CQK
11h
Analysis of $FIL
Elite trading of Filecoin ($FIL) cryptocurrency involves advanced strategies and techniques used by experienced traders to maximize profits. Here are some elite trading strategies for $FIL: *Technical Analysis* 1. *Chart Patterns*: Identify and trade based on chart patterns such as triangles, wedges, and head-and-shoulders. 2. *Trend Lines*: Draw trend lines to identify support and resistance levels. 3. *Indicators*: Use technical indicators like RSI, MACD, and Bollinger Bands to identify trading opportunities. *Fundamental Analysis* 1. *Network Congestion*: Monitor network congestion to anticipate potential price movements. 2. *Miner Incentives*: Analyze miner incentives to understand the potential impact on the network and price. 3. *Partnerships and Adoption*: Stay informed about partnerships and adoption rates to anticipate potential price movements.
THE-3.24%
FIL-1.03%
BGUSER-MCZB9CQK
BGUSER-MCZB9CQK
11h
Advance trading strategies of $F
*Advanced Trading Strategies* 1. *Arbitrage*: Take advantage of price differences between exchanges to profit from arbitrage opportunities. 2. *Market Making*: Provide liquidity to the market by buying and selling $FIL at prevailing market prices. 3. *Options Trading*: Use options contracts to hedge against potential losses or speculate on price movements. *Risk Management* 1. *Position Sizing*: Manage position sizes to limit potential losses. 2. *Stop-Loss Orders*: Set stop-loss orders to automatically sell $FIL when it reaches a certain price. 3. *Diversification*: Diversify your portfolio by investing in other cryptocurrencies or assets. *Elite Trading Tools* 1. *Trading Bots*: Utilize automated trading bots to execute trades based on predefined strategies. 2. *Technical Analysis Software*: Use software like TradingView or MetaTrader to analyze charts and identify trading opportunities. 3. *Real-Time Market Data*: Access real-time market data to stay informed about market movements and trends. By incorporating these elite trading strategies, tools, and risk management techniques, experienced traders can maximize their profits when trading $FIL.
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FIL-1.03%
BGUSER-MCZB9CQK
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Global growth of $FIL.
The global growth of Filecoin ($FIL) is closely tied to the expansion of the decentralized storage market. As more individuals and organizations seek secure and decentralized data storage solutions, the demand for Filecoin is likely to increase. _Key Drivers of Growth:_ - _Increasing Adoption_: Growing demand for decentralized storage solutions drives the adoption of Filecoin ¹. - _Improving Infrastructure_: Advances in Filecoin's network infrastructure, such as the launch of Filecoin's virtual machine (FVM), enable more efficient and scalable decentralized applications. - _Partnerships and Collaborations_: Filecoin's partnerships with major companies, like IBM and Amazon, further boost its credibility and adoption. _Regional Growth:_ - _North America_: The region is expected to dominate the global movies and entertainment market, with a share of around 34.21% in 2023 ¹. - _Asia Pacific_: The region is projected to grow at a CAGR of around 9.2% during the forecast period, driven by the increasing demand for decentralized storage solutions ¹. _Challenges and Opportunities:_ - _Competition_: The global movies and entertainment market is highly competitive, with several established players ¹. - _Changing Consumer Preferences_: The market faces challenges in keeping up with changing consumer preferences, with viewers increasingly seeking original and authentic content ¹. - _Growing Demand for Decentralized Storage_: The increasing demand for decentralized storage solutions presents opportunities for Filecoin's growth and expansion.
VIRTUAL+2.37%
MAJOR+5.31%
BGUSER-MCZB9CQK
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Explosion rate of $FIL.
The rate of explosion of Filecoin ($FIL) isn't directly related to the concept of explosion rates, as it's a cryptocurrency. However, I can provide some insights on the growth rate of Filecoin. Filecoin's price has been volatile, with significant growth and fluctuations. To give you a better idea, let's look at some general factors that influence the growth rate of cryptocurrencies like Filecoin: - *Adoption Rate*: The rate at which new users and investors join the network ¹. - *Market Sentiment*: Overall attitudes and emotions of investors and traders towards the cryptocurrency ². - *Technological Advancements*: Improvements in the underlying technology, such as scalability and security enhancements ³. Keep in mind that these factors can impact the growth rate of Filecoin, but they don't directly relate to the concept of explosion rates. If you're interested in learning more about Filecoin's growth rate or cryptocurrency markets, I'd be happy to help!
HAPPY+24.56%
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BGUSER-MCZB9CQK
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How investors invest in $F cryptocurrency
Investors can invest in Filecoin ($FIL) cryptocurrency through various methods: *Exchanges* 1. *Binance*: One of the largest cryptocurrency exchanges, offering FIL/USDT, FIL/BTC, and FIL/ETH trading pairs. 2. *Coinbase*: A popular exchange listing FIL/USDT and FIL/BTC trading pairs. 3. *Huobi*: A global exchange offering FIL/USDT, FIL/BTC, and FIL/ETH trading pairs. 4. *Kraken*: A secure exchange listing FIL/USDT, FIL/BTC, and FIL/ETH trading pairs. *Brokerages* 1. *eToro*: A social trading platform allowing users to buy and sell FIL. 2. *Robinhood*: A popular brokerage app listing FIL for trading. *Wallets* 1. *Filecoin Wallet*: The official wallet for storing and managing FIL. 2. *MetaMask*: A popular Ethereum wallet supporting FIL storage and transactions. 3. *Ledger Live*: A hardware wallet allowing users to store and manage FIL. *Investment Platforms* 1. *Grayscale*: A digital asset management firm offering a Filecoin Trust. 2. *Bitwise*: An investment management firm providing a Filecoin Index Fund. *Trading Strategies* 1. *Spot Trading*: Buying and selling FIL on exchanges. 2. *Futures Trading*: Trading FIL futures contracts on exchanges like Binance and Huobi. 3. *Staking*: Participating in Filecoin's proof-of-stake (PoS) consensus mechanism to earn rewards. *Risk Management* 1. *Diversification*: Spreading investments across various assets to minimize risk. 2. *Stop-Loss Orders*: Setting price levels to automatically sell FIL and limit losses. 3. *Position Sizing*: Managing investment amounts to balance risk and potential returns. Before investing in Filecoin or any other cryptocurrency, it's essential to: 1. Conduct thorough research 2. Understand market volatility 3. Set clear investment goals 4. Develop a risk management strategy Please consult with a financial advisor or conduct your own research before making investment decisions.
SOCIAL+2.72%
BTC+0.10%

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