Filecoin Price Hits $5.46 on Top Exchanges (FIL)

Filecoin (FIL) traded 9.6% higher against the U.S. dollar during the 24 hour period ending at 19:00 PM ET on January 25th. One Filecoin coin can now be purchased for $5.46 or 0.00023577 BTC on popular exchanges. In the last seven days, Filecoin has traded 27.9% higher against the U.S. dollar. Filecoin has a total market capitalization of $2.02 billion and approximately $312.94 million worth of Filecoin was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded up 2.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 3.7% higher against the dollar and now trades at $0.0611 or 0.00000264 BTC.
  • CareCoin (CARES) traded up 3.7% against the dollar and now trades at $0.0759 or 0.00000328 BTC.
  • OmniaVerse (OMNIA) traded 3.6% lower against the dollar and now trades at $0.0020 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded up 3.7% against the dollar and now trades at $93.95 or 0.00406323 BTC.
  • Lunar (LNR) traded down 2.6% against the dollar and now trades at $0.0278 or 0.00000120 BTC.
  • Hokkaidu Inu (HOKK) traded 11.6% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded up 3.7% against the dollar and now trades at $6,594.55 or 0.28520853 BTC.
  • 2G Carbon Coin (2GCC) traded up 0.3% against the dollar and now trades at $135.76 or 0.00587151 BTC.
  • Lego Coin (LEGO) traded down 5.8% against the dollar and now trades at $0.0406 or 0.00000175 BTC.

Filecoin Profile

Filecoin’s launch date was October 14th, 2020. Filecoin’s total supply is 370,719,141 coins. Filecoin’s official Twitter account is @filecoin and its Facebook page is accessible here. The official message board for Filecoin is filecoin.io/blog. Filecoin’s official website is filecoin.io.

According to CryptoCompare, “Filecoin is a decentralized storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol token (also called “Filecoin”), which miners earn by providing storage to clients. Conversely, clients spend Filecoin hiring miners to store or distribute data. Filecoin miners compete to mine blocks with sizable rewards, but Filecoin mining power is proportional to active storage, which directly provides a useful service to clients.”

Filecoin Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Filecoin directly using US dollars. Investors seeking to acquire Filecoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Filecoin using one of the aforementioned exchanges.

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