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Filecoin

Q: What are some of the primary use cases for Filecoin?

Some of the primary use cases for Filecoin include:Decentralized data storage and retrieval - Filecoin allows users to store and retrieve data in a decentralized way, without relying on centralized cloud storage providers.Timestamped and verifiable data storage - Filecoin provides cryptographic proofs of storage that can be used to verify when and how data has been stored.IPFS integration - Filecoin integrates with the IPFS decentralized web protocol, allowing IPFS-based applications to leverage Filecoin's decentralized storage capabilities.Financial services and tools - The Filecoin ecosystem includes wallets, signing libraries, and other financial tools built on top of the protocol.Decentralized apps (dApps) - Developers can build decentralized applications on Filecoin that require reliable and tamper-proof data storage.

FILUSD

View Detailed Chart

3.095USD

+0.133+4.49%

Time

15m

30m

Today

+4.49%

5 Days

+10.26%

1 Month

-8.45%

6 Months

-16.82%

Year to Date

-38.99%

1 Year

-64.16%

View Detailed Chart

Key Data Points

Opening Price

2.965

Previous Closing Price

2.962

Price Range of the Day

2.9523.167

52-Week Price Range

0.0003.095

Indicators

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The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

15m

30m

15m

D

Buy

Sell(3)

Neutral(3)

Buy(6)

Indicators

Sell(1)

Neutral(3)

Buy(2)

Indicators

Value

Direction

MACD(12,26,9)

0.098

Neutral

RSI(14)

51.719

Neutral

STOCH(KDJ)(9,3,3)

74.174

Neutral

ATR(14)

0.188

Low Volatility

CCI(14)

129.698

Buy

Williams %R

9.867

Overbought

TRIX(12,20)

-0.356

Sell

StochRSI(14)

100.000

Buy

Moving Average

Sell(2)

Neutral(0)

Buy(4)

Indicators

Value

Direction

MA5

2.993

Buy

MA10

2.958

Buy

MA20

2.918

Buy

MA50

3.131

Buy

MA100

4.140

Sell

MA200

4.255

Sell

Filecoin News

Filecoin bulls eye for double-digit gains

Filecoin (FIL), a decentralized storage network, extends its gain by 5% and trades around $6.20 on Monday after surging more than 19% the previous week.

FxstreetMon, Jan 6

Filecoin Price Prediction Can FIL Regain $150+ in 2024? New Year Buzz Favors ARB and Lightchain AI for 30x Potential

As the New Year approaches, the cryptocurrency market is buzzing with discussions about potential high performers in 2024. Filecoin (FIL), once a favorite for decentralized storage, is now under scrutiny as analysts debate whether it can regain its $150 valuation.

CryptopolitanMon, Dec 30

More Details of Filecoin

Who are the founders of Filecoin?

Filecoin was created by Protocol Labs, a research and development lab led by Juan Benet. Protocol Labs also developed IPFS, the decentralized data storage network that Filecoin is built upon.

Is Filecoin storage permanent?

No, Filecoin storage is not permanently guaranteed. Filecoin uses a storage model where data is stored by "storage miners" who are incentivized to store data through the Filecoin cryptocurrency. However, this data can be lost if storage miners stop providing the necessary proofs of storage. Filecoin provides economic incentives to encourage reliable long-term storage, but it cannot guarantee data will be stored indefinitely.

What are some of the primary use cases for Filecoin?

Some of the primary use cases for Filecoin include: Decentralized data storage and retrieval - Filecoin allows users to store and retrieve data in a decentralized way, without relying on centralized cloud storage providers. Timestamped and verifiable data storage - Filecoin provides cryptographic proofs of storage that can be used to verify when and how data has been stored. IPFS integration - Filecoin integrates with the IPFS decentralized web protocol, allowing IPFS-based applications to leverage Filecoin's decentralized storage capabilities. Financial services and tools - The Filecoin ecosystem includes wallets, signing libraries, and other financial tools built on top of the protocol. Decentralized apps (dApps) - Developers can build decentralized applications on Filecoin that require reliable and tamper-proof data storage.