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Filecoin Falls More Than 7% In 24 hours

Filecoin’s (CRYPTO: FIL) price has decreased 7.62% over the past 24 hours to $68.21, continuing its downward trend over the past week of -1.0%, moving from $69.62 to its current price.

The chart below compares the price movement and volatility for Filecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.


Filecoin’s trading volume has climbed 20.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 1.6%. This brings the circulating supply to 111.86 million, which makes up an estimated 5.67% of its max supply of 1.97 billion. According to our data, the current market cap ranking for FIL is #24 at 7.71 billion.


Where Can You Buy Filecoin?

If you are interested in purchasing Filecoin or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself but also how and where you can purchase it.

Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy. You can follow the link here to visit.

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