|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Genesis Date||5th July 2022|
|Max Coin Supply||1,968,804,316|
Filecoin (fil) is a digital asset ranked as #44 in BitCourier Cryptocurrency List with market capitalisation of £1.04 Bn. Pound Sterling. In the last 24 hours Filecoin's trading volume exceeded £72.82 M.
Current price - £4.58 GBP. Exchange rate fil to USD is $5.55 for one coin.
During the last calendar year Filecoin price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by -2.97%. (fil)'s peak price (All-time high) was £171.63 per coin, this point was reached on 1st April 2021 . From that moment till today Filecoin has lost -97.32% in value.
Ratings by crypto community, developers and liquidity are 9.934, 0.000, 68.357.
FileCoin is a p2p network for file storage and encryption. It is created with economic incentives for participants to make sure the storage is sustainable.
In short, FileCoin users pay fees to storage miners which store their files. Anyone who wants to use available free server space and get paid can join the network.
Available storage inventory as well as price per 1 Mb stored is not controlled by any authority or corporation. Instead, the FileCoin network facilitates the free market for storing and retrieving files.