Cryptocurrency Filecoin Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
In the past 24 hours, the price of Filecoin (CRYPTO: FIL) has fallen by 3.03% to $4.28, continuing its negative trend over the past week with a 6.0% loss. The trading volume for the coin has decreased by 43.0% over the past week, while the circulating supply has increased by 0.15% to 438.58 million, which is 22.36% of its max supply of 1.96 billion. The current market cap ranking for FIL is #31 at $1.88 billion.
July 31, 2023 | 7:04 pm
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Filecoin's price has fallen by 3.03% in the past 24 hours and 6.0% over the past week. The trading volume has decreased by 43.0% over the past week, while the circulating supply has increased by 0.15%.
The decrease in Filecoin's price, coupled with a decrease in trading volume, indicates a negative sentiment among investors. The increase in circulating supply could further pressure the price as it indicates a higher availability of the coin.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100