Filecoin (FIL) 24 Hour Volume Reaches $171.02 Million

Filecoin (FIL) traded down 1.5% against the dollar during the 24 hour period ending at 8:00 AM E.T. on March 10th. One Filecoin coin can currently be purchased for approximately $2.91 or 0.00003523 BTC on major exchanges. Filecoin has a total market capitalization of $1.87 billion and $171.02 million worth of Filecoin was traded on exchanges in the last day. During the last seven days, Filecoin has traded 12.6% lower against the dollar.

Here is how related cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 3% lower against the dollar and now trades at $0.75 or 0.00000907 BTC.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 2.8% against the dollar and now trades at $82,384.68 or 0.99710221 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 4.2% against the dollar and now trades at $81,715.67 or 0.98900525 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Filecoin Coin Profile

Filecoin’s launch date was October 14th, 2020. Filecoin’s total supply is 1,959,611,473 coins and its circulating supply is 642,961,918 coins. Filecoin’s official Twitter account is @filecoin and its Facebook page is accessible here. Filecoin’s official message board is filecoin.io/blog. Filecoin’s official website is filecoin.io.

According to CryptoCompare, “FileCoin (FIL) is a decentralized storage network that allows users to store and retrieve data from storage providers around the world, incentivized by the native FIL cryptocurrency. The protocol is designed to make file storage and retrieval more secure, reliable, and cost-effective than traditional centralized storage systems, using Proof of Replication (PoRep) and Proof of Spacetime (PoSt) cryptographic proofs. Filecoin was created by Protocol Labs, founded in 2014, who are also the creators of IPFS and libp2p. Filecoin provides a secure, decentralized, and cost-effective alternative to traditional centralized storage systems.”

Buying and Selling Filecoin

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

FIL/USD price chart by TradingView