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Filecoin Price Trend

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Filecoin is a blockchain-based peer-to-peer digital storage marketplace. You can rent out the unused hard disk space on the protocol created by Protocol Labs, INC. Protocol Labs, INC is founded in San Francisco by Stanford graduate Juan Bennet. Filecoin's protocol is a key improvement in decentralized internet by providing an option for cloud storage services in competition with big corporates.

With a total market cap of over $1.37 billion, Filecoin is the No. 31 cryptocurrency by market size. The currency symbol for Filecoin is FIL. The total supply of Filecoin is 327 million. We found savings accounts offering up to 11.7% APY on Filecoin deposits and loans as low as 11.7% APY against Filecoin used as collateral. Check out our Filecoin staking yields table and Filecoin loan rates table for further details.

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Filecoin Price History

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Is the Price of Filecoin Going to Go Up or Down?

The technical price analysis for Filecoin below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Filecoin.

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Filecoin FAQs

AYes Filecoin is mineable which means that new coins can be created by miners working on the network.
AYes, staking is available for Filecoin on a number of platforms. For a full list of Filecoin staking yields see our list of Filecoin staking yields.
AYou can earn up to 11.7% APY by staking your Filecoin tokens. Check out our Filecoin staking yields table for further details.
ARight now the best staking rates are on Beefy Finance with an income rate of up to 11.7% APY.
AYou can check the technical indicators for Filecoin on the Filecoin Price Trend tab. These indicators are based on the analysis of multiple trading signals for Filecoin.
AYou can find the cheapest exchange on which to buy Filecoin on the Filecoin Buy tab.
AYou can check which wallets support Filecoin on the Filecoin Wallets tab.
AAlmost all Filecoin loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Filecoin flash loans which allow you to borrow uncollateralised Filecoin for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Filecoin loans on the Filecoin Loans tab.
AThe following venture capital firms have invested in Filecoin: A16z, Blockchain Capital, BoostVC, DCG, Hashkey Capital, Pantera Capital, Polychain Capital and Winklevoss Capital.

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