Cryptocurrency Filecoin's Price Increased More Than 8% Within 24 hours
Portfolio Pulse from Benzinga Insights
Filecoin (CRYPTO: FIL) has seen a price increase of 8.16% in the past 24 hours, reaching $9.41. Over the last week, FIL's price has risen over 8%, from $8.7. The coin's all-time high is $236.84. Trading volume has decreased by 25% over the past week, and the circulating supply has dropped by 0.54% to over 527.43 million, which is 26.9% of its max supply of 1.96 billion. Filecoin's market cap is currently ranked #27 at $4.96 billion.
March 25, 2024 | 7:03 pm
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Filecoin (FIL) has experienced a significant price increase of 8.16% in the last 24 hours, reaching $9.41, with a weekly increase of over 8%. The trading volume has decreased by 25%, and the circulating supply has decreased by 0.54%.
The significant price increase of Filecoin (FIL) over the past 24 hours and week indicates strong market performance and investor interest, likely leading to a positive short-term impact on its price. The decrease in trading volume and circulating supply could suggest a tightening of available coins, potentially driving the price higher as demand outpaces supply.
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