Filecoin Price Hits $5.77 on Top Exchanges (FIL)

Filecoin (FIL) traded down 3.2% against the US dollar during the 1 day period ending at 12:00 PM E.T. on April 27th. During the last week, Filecoin has traded down 10.7% against the US dollar. One Filecoin coin can now be purchased for about $5.77 or 0.00009170 BTC on popular exchanges. Filecoin has a total market capitalization of $3.14 billion and $155.86 million worth of Filecoin was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded down 9.7% against the dollar and now trades at $0.29 or 0.00000463 BTC.
• 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 1.5% against the dollar and now trades at $0.0096 or 0.00000015 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Filecoin Coin Profile

Filecoin launched on October 14th, 2020. Filecoin’s total supply is 1,960,545,721 coins and its circulating supply is 544,078,225 coins. Filecoin’s official Twitter account is @filecoin and its Facebook page is accessible here. The official message board for Filecoin 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 presently possible to purchase alternative cryptocurrencies such as Filecoin directly using US dollars. Investors seeking to trade Filecoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, 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