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FIL Crypto Price

Filecoin
$
0.4928
+0.0590(+13.601%)

FIL Crypto Price Chart

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News

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  • FIL FAQs

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    What is price prediction 2025 for FIL Crypto?

    The price prediction for FIL crypto in 2025 is expected to reach $3.50 to $3.80. This forecast is based on Filecoin's focus on improving user experience and staking mechanisms, as highlighted by the FIL Dev Summit 6 in Toronto, which could enhance investor confidence and drive adoption.

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    What is surpport and resistant level for FIL Crypto?

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    What is the current price of FIL Crypto?

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    What is the market cap of FIL?

    Key Stats

    24H High
    2.859
    24H Low
    2.666
    24H Volume
    5.97M
    24H Volatility
    7.24%
    All Time High
    430.00
    All Time Low
    1.964
    Correlation with BTC
    0.60
    Return On Investment
    -71.54%
    What is Filecoin?

    Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network where users pay for data storage and distribution services in $FIL. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.Filecoin is open-source and decentralized, which means that all governance is in the hands of the community. On the Filecoin platform, developers have the opportunity to create cloud file storage services like Dropbox or iCloud. Anyone can join Filecoin and start storing their data or earn money by providing space for someone else's funds. The creators of Filecoin opted for their blockchain technology to run the network and their token with their own consensus.$FIL is the native currency of Filecoin that powers the entire network and all processes. Clients pay for transactions in FIL tokens. Miners place FIL as collateral, guaranteeing their services.The developers claim that Filecoin solves the problem of inefficient file storage and retrieval. Customers can find the right solution with an efficient set of tools and its core development, IPFS.

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