Filecoin Price Hits $1.32 on Major Exchanges (FIL)

Filecoin (FIL) traded down 0.6% against the U.S. dollar during the one day period ending at 8:00 AM ET on January 24th. Over the last seven days, Filecoin has traded down 15.7% against the U.S. dollar. One Filecoin coin can now be purchased for approximately $1.32 or 0.00001472 BTC on major cryptocurrency exchanges. Filecoin has a market capitalization of $973.13 million and approximately $82.77 million worth of Filecoin was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.1% higher against the dollar and now trades at $89,410.68 or 1.00025858 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1% against the dollar and now trades at $89,252.97 or 0.99849421 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Filecoin Coin Profile

Filecoin’s genesis date was October 14th, 2020. Filecoin’s total supply is 1,958,411,393 coins and its circulating supply is 739,471,325 coins. Filecoin’s official Twitter account is @filecoin and its Facebook page is accessible here. Filecoin’s official message board is filecoin.io/blog. The official website for Filecoin 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 currently possible to purchase alternative cryptocurrencies such as Filecoin directly using US dollars. Investors seeking to acquire Filecoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Filecoin using one of the exchanges listed above.

FIL/USD price chart by TradingView