Time to pump? Data suggests traders intend to push Filecoin (FIL) above $100
Filecoin (FIL) accumulated 65% gains over the past 30 days to reach its highest price since June 8. The recent strength was accelerated after an Aug.6 partnership with Chainlink’s oracle protocol on Aug. 6 allowed the projects to join their grant initiatives to speed up the development of hybrid smart contracts to leverage code running […]
Filecoin ignores Elon Musk's Bitcoin FUD as FIL price rockets by 17%
FIL, the native crypto asset of the Filecoin network, was among the best performing digital assets Friday as it maintained its gains against a very bearish cryptocurrency market. The FIL/USD reached an intraday high of $102.109 at around 0300 UTC, up more than 37% on a 24-hour adjusted timeframe. The pair underwent a sharp correction […]
Filecoin gains 40% in 48 hours: What's driving the massive FIL price rally?
The price of Filecoin’s native FIL token has rallied by more than 40% in the past 48 hours, spiking from $53.538 to as high as $75 across major exchanges, reaching its highest point since October 2020. FIL is now the 22nd-largest cryptocurrency, with a market capitalization of over $4 billion. However, its circulating supply is […]