Cryptocurrency Filecoin Rises More Than 9% In 24 hours
Portfolio Pulse from Benzinga Insights
Filecoin (CRYPTO: FIL) has seen a significant increase of 9.17% in its price over the past 24 hours, reaching $5.99. Over the last week, FIL has gained 13.0%, rising from $5.3. Despite the recent gains, it is still far from its all-time high of $236.84. The trading volume has surged by 76.0% in the past week, while the circulating supply slightly decreased by 0.07%. Filecoin's market cap is currently ranked #36, valued at $2.91 billion.
December 27, 2023 | 7:02 pm
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Filecoin (FIL) has experienced a 9.17% increase in price over the last 24 hours and a 13% increase over the past week, with a current price of $5.99. The trading volume has increased by 76%, and the circulating supply has slightly decreased.
The significant increase in price and trading volume for Filecoin suggests a strong bullish sentiment in the short term. The decrease in circulating supply could further support the price if demand remains high. However, the market's volatility should be considered, as it could lead to rapid changes.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100