Filecoin (FIL) Tops 1-Day Volume of $106.13 Million

Filecoin (FIL) traded 1.7% higher against the dollar during the twenty-four hour period ending at 22:00 PM Eastern on October 29th. One Filecoin coin can now be purchased for approximately $3.69 or 0.00005104 BTC on popular cryptocurrency exchanges. During the last seven days, Filecoin has traded down 2.7% against the dollar. Filecoin has a total market cap of $2.20 billion and approximately $106.13 million worth of Filecoin was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed during the last 24 hours:

• 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 up 1.2% 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 3.2% against the dollar and now trades at $72,107.52 or 0.99701931 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.4% higher against the dollar and now trades at $71,982.21 or 0.99528659 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 1,959,902,756 coins and its circulating supply is 594,834,701 coins. Filecoin’s official website is filecoin.io. Filecoin’s official Twitter account is @filecoin and its Facebook page is accessible here. The official message board for Filecoin is filecoin.io/blog.

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.”

Filecoin Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Filecoin directly using U.S. dollars. Investors seeking to trade Filecoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. 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