Rank # 84

Filecoin

FIL/USD

Current Price:

$0.944

1h24h7d14d30d1yr

-0.3%

0.2%

-12.0%

-0.5%

1.7%

-67.1%

24 Hour Low

$0.937

24 Hour High

$0.967

Market Cap

$736,177,219

Circulating Supply

781873296

About

The Filecoin network achieves staggering economies of scale by allowing anyone worldwide to participate as storage providers. It also makes storage resemble a commodity or utility by decoupling hard-drive space from additional services. On this robust global market the price of storage will be driven by supply and demand, not corporate pricing departments, and miners will compete on factors like reputation for reliability as well as price.