© Reuters. Cryptocurrency Filecoin Up More Than 18% In 24 hours
Benzinga – by Benzinga Insights, Benzinga Staff Writer.
Over the past 24 hours, Filecoin’s (CRYPTO: FIL) price has risen 18.4% to $7.85. This continues its positive trend over the past week where it has experienced a 30.0% gain, moving from $5.76 to its current price. As it stands right now, the coin’s all-time high is $236.84.
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.
The trading volume for the coin has increased 215.0% over the past week while the overall circulating supply of the coin has increased 0.79% to over 490.22 million which makes up an estimated 25.0% of its max supply, which is 1.96 billion. The current market cap ranking for FIL is #25 at $3.79 billion.
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