Cryptocurrency Filecoin's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Filecoin's price has increased by 3.47% in the last 24 hours, reaching $3.8. Despite a 14% drop in trading volume over the past week, the coin's circulating supply has slightly increased. Filecoin's market cap is currently ranked #42 at $2.20 billion.

August 21, 2024 | 7:03 pm
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Filecoin's price has risen by 3.47% in the last 24 hours to $3.8, with a weekly increase of over 4%. Despite a 14% decrease in trading volume, the circulating supply has increased slightly, and the market cap is ranked #42 at $2.20 billion.
The 3.47% increase in Filecoin's price suggests positive short-term momentum. Despite a decrease in trading volume, the price rise and market cap ranking indicate investor interest. The slight increase in circulating supply is not significant enough to offset the positive price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100