Cryptocurrency Filecoin Falls More Than 3% In 24 hours

Wealthlandnews August 23, 2022
Updated 2022/08/23 at 8:24 AM

Over the past 24 hours, Filecoin’s FIL/USD price has fallen 3.59% to $6.18. This continues its negative trend over the past week where it has experienced a 24.0% loss, moving from $8.19 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.

The trading volume for the coin has tumbled 34.0% over the past week while the circulating supply of the coin has risen 1.42%. This brings the circulating supply to 265.22 million, which makes up an estimated 13.48% of its max supply of 1.97 billion. According to our data, the current market cap ranking for FIL is #37 at $1.64 billion.

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