Average Daily Volume
Filecoin is currently ranked number 35 worldwide with a daily trading volume of $289,062,138.00, which it will make it super easy for you to sell your holdings of Filecoin.
Rating: 5/5
Market Cap
Filecoin has a total market cap of $2,077,530,459.00.
Rating: 5/5
Community
Filecoin has 667,277 total followers in all its social media accounts.
Rating: 5/5
All Time High
Filecoin is currently -97.7% from its highest price $236.84 on 2021-04-01.
Rating: 5/5
Price Potential
The Filecoin price has the potential to increase to $4,150.80 during the next cryptocurrency bull market, which may occur within the next five years.
Overall Score
Our algorithm believes it is an excellent time to invest in Filecoin right now.
Overall rating: 5/5
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What Is Filecoin?
The Filecoin network achieves staggering economies of scale by allowing anyone worldwide to participate as storage providers. It also makes storage resemble a commodity or utility by decoupling hard-drive space from additional services. On this robust global market the price of storage will be driven by supply and demand, not corporate pricing departments, and miners will compete on factors like reputation for reliability as well as price.