Filecoin Price Reaches $1.00 on Exchanges (FIL)

Filecoin (FIL) traded 9.9% higher against the U.S. dollar during the one day period ending at 9:00 AM Eastern on February 21st. One Filecoin coin can currently be bought for approximately $1.00 or 0.00001462 BTC on major exchanges. In the last week, Filecoin has traded up 2.7% against the U.S. dollar. Filecoin has a total market capitalization of $750.87 million and approximately $103.47 million worth of Filecoin was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.9% higher against the dollar and now trades at $68,022.77 or 0.99742086 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.4% against the dollar and now trades at $66,950.37 or 0.99784422 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Filecoin Profile

Filecoin’s genesis date was October 14th, 2020. Filecoin’s total supply is 1,958,245,816 coins and its circulating supply is 753,141,468 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 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. Slack, BitcoinTalk, GitHub, RedditWhitepaper”

Filecoin Coin Trading

It is usually not presently 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 Gemini, Coinbase or Changelly. 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