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Benzinga Insights

Cryptocurrency Filecoin Rises More Than 14% In 24 hours

Filecoin's (CRYPTO: FIL) price has increased 14.51% over the past 24 hours to $6.29. Over the past week, FIL has experienced an uptick of over 12.0%, moving from $5.47 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 tumbled 26.0% over the past week while the circulating supply of the coin has risen 2.07%. This brings the circulating supply to 222.01 million, which makes up an estimated 11.28% of its max supply of 1.97 billion. According to our data, the current market cap ranking for FIL is #40 at $1.41 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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