Filecoin’s Cryptocurrency Surges Over 4% in 24 Hours

15 views 2:10 pm 0 Comments May 16, 2024

Filecoin’s (CRYPTO: FIL) has seen a 4.11% price increase in the last 24 hours, reaching $6.19. This uptick contrasts with its 2.0% loss over the past week, transitioning from \(6.37 to its current value. The coin’s all-time high remains at \)236.84.

Comparing the price fluctuations and volatility of Filecoin over the last 24 hours (left) with the trends of the past week (right) is illustrated in the chart below. Bollinger Bands, depicted in gray, indicate the volatility of both daily and weekly price movements. A wider band or larger gray area signifies increased volatility.

Over the last week, the trading volume for Filecoin has decreased by 34.0%, while the circulating supply has grown by 2.18% to exceed 539.96 million, representing approximately 27.54% of its maximum supply of 1.96 billion. FIL currently holds the #32 position in market cap rankings, valued at $3.34 billion.

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