Decentralized Storage: A Primer – Commissioned by W3BCLOUD
Digital storage has come a long way since the early 1900s.
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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.
The price of Filecoin has fallen by 7.15% in the past 7 days. The price increased by 4.69% in the last 24 hours. In just the past hour, the price grew by 1.38%. The current price is $5.3925 per FIL. Filecoin is 97.73% below the all time high of $237.24.
The current circulating supply is 226,442,386 FIL.
Filecoin was mentioned in 1,343 out of 2,050,186 social media posts on Twitter and Reddit on Jun 29, 2022. 950 unique individuals are talking about Filecoin and it is ranked #150 in most mentions and activity from collected posts.
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Of all the assets on Coinbase, these 8 are the closest to Filecoin in market cap.