Pack Your Bags: Filecoin Crypto Surges 300% Intraday Following Mainnet Liftoff
In a flashback to almost four years ago during the crypto bubble, Filecoin, an ICO funded back in 2017 just launched its mainnet and immediately saw 3x returns. Is this a sign the bull market is back for crypto assets or is Filecoin a project packing something special that attention must be paid to?.
To The Moon And Back In Minutes: Filecoin Does 3x Rally, Drops 50% Intraday During the peak exuberance of the crypto bubble, "moonboys" were buying up altcoins in hopes of finding the next Bitcoin or Ethereum. Related Reading | The Great Ethereum Debate: DeFi Versus ICOs Fast forward to today, and Filecoin's mainnet has just launched causing the asset's price to rise almost as fast as funds were raised in August relatively young crypto token has ballooned from around $30 per FIL at the time of its listing on Gemini and Kraken, to as high as $120 at the peak.
