What are the issuance price and issuance volume of FIL coins? What is the latest price of FIL coin?

The issuance price of FIL coin is US$0.25, with a circulation of 1 billion. Its latest price was approximately $5.6 as of March 8, 2023, affected by the following factors: network adoption rate, competitors, overall cryptocurrency market conditions, regulatory developments.

FIL coin issuance information

Issue price: 0.25 USD

Issue volume: 1 billion

FIL coin latest price

As of the time of writing this article (202 March 3 8th), the latest price of FIL coin is about $5.6 (according to CoinMarketCap data).

Detailed Description

Filecoin (FIL) is a decentralized file storage network that allows users to store and retrieve data safely and reliably. Its issuance price is US$0.25 per coin, and the total circulation is 1 billion.

Since its issuance, the price of FIL coin has experienced significant fluctuations. It reached an all-time high of $198.75 in October 2020 and has since fallen back to current levels.

The price of FIL Coin is affected by a number of factors, including:

• Network Adoption Rate: The more storage and retrieval activity on the Filecoin network, the greater the demand for FIL Coin.
• Competitors: FIL Coin faces competition from other decentralized storage solutions such as Siacoin and Storj.
• Overall Cryptocurrency Market Situation: FIL Coin as a cryptocurrency, its price is affected by the performance of the entire cryptocurrency market.
• Regulatory Developments: Changes in the regulatory environment, such as regulatory measures against cryptocurrencies, may affect the demand and price of FIL coins.

Filecoin (FIL) Price Analysis

Current Price: $3.18

24 Hours Trading Volume: $263,519,126.57

Market Cap: $1.83B

Latest change: -14.57%

Price movement factors:

• The overall decline of the cryptocurrency market
• Profit-taking pressure
• Concerns about the macroeconomic outlook

Future price trend analysis:

The current price drop may occur in the short term Continue until the market stabilizes. The price of FIL may rebound once market sentiment improves.

Recommendation:

• Treat short-term price fluctuations with caution.
• Consider buying once the price stabilizes.
• Only invest the amount you can afford to lose.

Short-term trend forecast:

In the current market environment, the price of FIL is likely to continue to face pressure in the short term. The price is likely to fluctuate around $3.00 until market sentiment improves.

Indicators:

• Circulation: 575,934,995 FIL
• Maximum supply: None
• Total supply: 575,934,995 FIL
• Circulation market capitalization: $1.83B

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