About Filecoin
Filecoin (FIL) is a cryptocurrency that powers the Filecoin network, a decentralized peer-to-peer file storage network that aims to let anyone store, retrieve, and host digital information. FIL tokens are used as payment for these services and as an economic incentive to ensure files are stored reliably over time.
Happening now
AI generated 10h ago
FIL's breakout above key resistance
ignited an
↗87%
surge in trading activity over the past day, with
large investors stepping in during pullbacks.
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Buyer Ratio
Traders
408
13.92%
Buyers
271
3.9%
Sellers
158
28.51%
Searched
421
Market Stats
Market Cap
R$5.17B
FDV
R$13.88B
Circ. Supply
729M FIL
Max Supply
Not enough data
Total Supply
2B FIL
Performance
Popularity
#62
Dominance
0.03%
Volume (24H)
R$434.32M
22.73%
Volume (7D)
R$2.93B
Volume (30D)
R$14.77B
All time high
R$1.31K
Price Change (1Y)
Not enough data
74.2%
Additional details
Market details
FIL vs markets
↘ 70.79%
FIL vs BTC
↘ 71.87%
FIL vs ETH
↘ 70.8%
Tags
mineable
ai-big-data
distributed-computing
filesharing
+8
Network & Addresses
Network | Address | |
|---|---|---|
Filecoin | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | R$7.09 | |
1 Day | R$7.11 | |
1 Week | R$6.67 | |
1 Month | R$8.72 | |
1 Year | R$30.82 |
Coinbase insights
Happening now
AI generated 10h ago
FIL's breakout above key resistance
ignited an
↗87%
surge in trading activity over the past day, with
large investors stepping in during pullbacks.
Foundation building through consolidation
The decentralized storage platform is holding near recent highs while major holders accumulate on dips, creating a base for potential continuation even as broader crypto markets face pressure.
Trading interest remains strong
FIL pushed through important price barriers with volume jumping
↗87%
above normal levels over the past 24 hours, and activity continues running hotter than the broader market average despite crypto markets pulling back roughly
↘17.4%
over the past day.
Large investors adding on dips
While selling pressure currently outweighs buying interest, major holders are using the consolidation as an opportunity to build positions at more attractive entry points.
Recent trends
The latest FIL price is R$7.09. Compared to Filecoin's value of R$7.11 from 24 hours ago, there's been a -0% decrease, while the current price is 6% up from R$6.67 which was recorded one week ago. Filecoin's all time high is R$1,312.68, which was reached on April 1, 2021. This is a -99% change from its price today.
The market cap is currently R$5.17B, which is a result of multiplying the current price of Filecoin(R$7.09) by the total supply(1,958,626,407 FIL). The fully diluted valuation of Filecoin is R$13.88B. The diluted valuation of Filecoin is R$13.88B.
Filecoin had 271 buyers, 158 sellers and total 408 trades in the last 24h. Filecoin was searched 421 times in the last 24h.
FAQ
Filecoin (FIL) is a decentralized storage system that aims to store a variety of information. It is an open protocol supported by a blockchain that records commitments made by the network's participants, with transactions made using FIL, the blockchain's native currency. Filecoin is open-source and aims to be decentralized, with governance in the hands of the community. The platform provides an opportunity for developers to create cloud file storage services. FIL, Filecoin's native currency, powers the entire network and all processes. Clients exchange transactions in FIL tokens, and miners place FIL as collateral, guaranteeing their services. Filecoin seeks to address the challenge of inefficient file storage and retrieval by providing an efficient set of tools and its core development, IPFS.
Filecoin operates through a system involving three parties: clients, storage miners, and retrieval miners. Clients exchange for storing or retrieving data, placing an order on the online storage market where a deal is concluded with storage miners. Storage miners store the client’s data and are compensated. They place files in free sectors of a hard drive, all actions are recorded in the blockchain, and clients receive private keys. Retrieval miners extract data at a client's request. Clients place a trade on the off-chain Retrieval Market. Filecoin is based on IPFS where all data is stored on a peer-to-peer blockchain. Users choose miners to store personal data and exchange for placement in FIL tokens. Miners execute trades, receive participation fees and FIL compensation. The more storage miners offer, the higher the chances of getting compensated.