Cryptocurrency Filecoin Falls More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Filecoin (CRYPTO: FIL) has experienced a 6.24% price drop in the past 24 hours, continuing its downward trend over the past week. Despite the price drop, trading volume has increased by 29.0%, and the circulating supply has risen by 0.95%. Filecoin's market cap is currently ranked #40 at $3.17 billion.
May 23, 2024 | 7:03 pm
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Filecoin (CRYPTO: FIL) has seen a significant price drop of 6.24% in the past 24 hours, continuing its downward trend over the past week. Despite the price drop, trading volume has increased by 29.0%, and the circulating supply has risen by 0.95%.
The significant price drop of 6.24% in the past 24 hours indicates a bearish trend for Filecoin. The increase in trading volume and circulating supply suggests heightened market activity, but the overall price movement is negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100