Cryptocurrency Filecoin Up More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
Filecoin (CRYPTO: FIL) has seen a significant increase of 7.75% in its price over the past 24 hours, reaching $8.31. This uptrend extends over the past week with a 45.0% gain from $5.75. The coin's all-time high is $236.84. Trading volume surged by 303.0% over the week, while the circulating supply decreased by 0.79% to 514.03 million, representing 26.21% of its max supply. Filecoin's market cap ranks #25 at $4.23 billion.
February 23, 2024 | 3:01 pm
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Filecoin (FIL) experienced a 7.75% price increase in the last 24 hours, reaching $8.31, and a 45.0% increase over the past week. The trading volume has significantly increased by 303.0%, and the circulating supply has slightly decreased.
The significant increase in Filecoin's price over the past week, coupled with a substantial rise in trading volume and a slight decrease in circulating supply, suggests a strong bullish sentiment among investors. This could likely lead to a continued short-term upward trend in FIL's price.
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