Filecoin
FILSummary · 1dWait— no screen sets a side here — the Score describes the state and never picks one, so only the levels to watch.
Score −39 · closed bar
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Overview
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About Filecoin
Filecoin (FIL) is ranked #84 by market capitalisation, at $725.8M. Circulating supply: 838.49M FIL. The price is 99.6% below its all-time high of $236.84, set on April 1, 2021. Categories: Infrastructure, Smart Contract Platform, Storage, Layer 1 (L1).
The Filecoin network achieves staggering economies of scale by allowing anyone worldwide to participate as storage providers. It also makes storage resemble a commodity or utility by decoupling hard-drive space from additional services.
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On this robust global market the price of storage will be driven by supply and demand, not corporate pricing departments, and miners will compete on factors like reputation for reliability as well as price.
Project description: CoinGecko (in English).