Cryptocurrency Filecoin Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Filecoin's (CRYPTO: FIL) price has decreased by 3.5% over the past 24 hours to $3.26, contrary to its performance over the past week where it experienced an up-trend of 1.0%. The trading volume of Filecoin has climbed 35.0% over the past week and the circulating supply of the coin has increased 0.08% to 450.04 million, which makes up an estimated 22.95% of its max supply of 1.96 billion. The current market cap ranking for FIL is #32 at $1.47 billion.

September 21, 2023 | 3:01 pm
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NEGATIVE IMPACT
Filecoin's price has decreased by 3.5% over the past 24 hours. However, its trading volume has increased by 35.0% over the past week, indicating increased interest in the coin.
The decrease in Filecoin's price over the past 24 hours could negatively impact its short-term performance. However, the increase in trading volume suggests that there is increased interest in the coin, which could potentially lead to a price increase in the future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100