Filecoin 1-Day Trading Volume Hits $359.53 Million (FIL)

Filecoin (FIL) traded 6.8% higher against the dollar during the one day period ending at 20:00 PM Eastern on February 24th. Filecoin has a market cap of $4.27 billion and approximately $359.53 million worth of Filecoin was traded on exchanges in the last 24 hours. One Filecoin coin can currently be purchased for about $8.31 or 0.00016141 BTC on major cryptocurrency exchanges. In the last week, Filecoin has traded 32.9% higher against the dollar.

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

  • KILT Protocol (KILT) traded 0.6% lower against the dollar and now trades at $0.34 or 0.00000659 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded 6.7% lower against the dollar and now trades at $0.0084 or 0.00000016 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 0.2% lower against the dollar and now trades at $0.0105 or 0.00000020 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Filecoin

Filecoin’s genesis date was October 14th, 2020. Filecoin’s total supply is 1,960,871,108 coins and its circulating supply is 514,256,865 coins. Filecoin’s official message board is filecoin.io/blog. Filecoin’s official website is filecoin.io. Filecoin’s official Twitter account is @filecoin and its Facebook page is accessible here.

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 purchase alternative cryptocurrencies such as Filecoin directly using U.S. dollars. Investors seeking to acquire Filecoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Filecoin using one of the exchanges listed above.

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