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news-imageJuly 25, 2024

Filecoin (FIL) plummets 12% despite growing ecosystem and Grayscale recognition

Filecoin (FIL) is facing a significant downturn, with its price dropping to approximately $4.18, marking a 12% decline from recent highs. This drop comes after a sharp 8.5% decrease in just one day, raising concerns about the token's near-term performance. If the current downtrend continues, FIL could test critical support levels around $4.
Publisher: Invezz
Sentiment: Negative
FIL

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cover-imageInvezz
August 23, 2024

Filecoin introduces FIL-Builders to catalyse ecosystem growth

Filecoin (FIL), the decentralized cloud storage marketplace and protocol, is looking to catalyze further growth with the unveiling of a new public goods developer team. Filecoin's latest announcement? On August 22, 2024, the top project in the decentralized physical infrastructure network (DePIN) ecosystem by market cap, announced the launch of FIL-Builders, or FIL-B.

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