Cryptocurrency Filecoin Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Filecoin (CRYPTO: FIL) has seen a 4.56% increase in price over the last 24 hours, reaching $5.85. This is part of a larger trend, with an 11.0% gain over the past week from $5.26. The coin's all-time high is $236.84. Trading volume for Filecoin has increased by 70.0% over the past week, and its circulating supply has risen 1.18% to 510.00 million, which is 26.01% of its max supply of 1.96 billion. Filecoin's market cap is currently ranked #39 at $2.99 billion.

February 15, 2024 | 3:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Filecoin (FIL) has experienced a 4.56% increase in price over the last 24 hours, reaching $5.85, with an 11.0% gain over the past week. The trading volume has increased by 70.0%, and the circulating supply has risen to 510.00 million.
The positive price movement of Filecoin (FIL) over the past 24 hours and week, accompanied by a significant increase in trading volume and a slight increase in circulating supply, suggests a strong short-term bullish sentiment among investors. The increase in trading volume indicates heightened activity and interest in FIL, which could further drive up its price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100