Three Altcoins Are Flying Under the Radar and Primed To Absolutely Rip, Says Popular Trader

A top crypto trader says he thinks three under-the-radar altcoins including decentralized exchange ThorChain (RUNE) are gearing up for strong surges. Starting with decentralized storage network Filecoin (FIL), the crypto analyst believes that there's no resistance for the altcoin until it hits $5.80. “I think FIL is going to pull the same move COMP did.

Timeline of Filecoin, Looksrare, Thorchain

OKX will delist Filecoin (FIL) and Chainlink (LINK) futures contracts before the end of 2022 due to “harsh market conditions.” OKX will remove futures trading options for FIL/USDT and LINK/USDT at 7:00 am and 8:00 am UTC on Dec.

The five altcoins that decreased the most in the crypto market last week are XCN, TWT, FIL, LDO and CHZ The post Chain (XCN), Trust Wallet Token (TWT), and Filecoin (FIL), Lead The Crypto Market Altcoin Rout appeared first on BeInCrypto.

Filecoin (FIL) is a cryptocurrency that powers the Filecoin network, a decentralized peer-to-peer file storage network that aims to allow anyone to store, retrieve, and host digital information. FIL tokens are used as payment for these services as well as a financial incentive to guarantee that files are consistently stored over time.

The core CPI data from the US Labor Department last week saw a move upward to $18k for Bitcoin, but those gains were quickly wiped out. Stock market indices such as S&P 500 posted losses last week and were likely to continue trending lower this week.

The latest Filecoin price analysis is showing signs of an upward trend as the price has undergone a significant improvement in the last 24-hours. The bullish upswing has resulted in a remarkable improvement in the price as its value has upgraded to $4.38.

Filecoin price analysis shows that the price of FIL/USD has followed a strong upwards trend in the last 24 hours. The price has continued a positive movement, increasing significantly, barely shying away from the $4.18 mark.

The Filecoin price analysis is indicating a decline in the price today. The bears have won the leading position as the selling pressure has formed again and the price is decreasing again.

Filecoin is a decentralized storage network (DNS) that competes with the likes of AWS. It has increasing revenue, but is it a good investment choice? The post Filecoin Revenue: Investing in Decentralized Data Storage appeared first on Bitcoin Market Journal.

The third quarter of 2022 saw Filecoin [FIL] making some remarkable achievements. According to Messari's latest report, Filecoin's network usage skyrocketed in in Q3 as it registered over 82% growth.

FIL, the native token of the decentralized storage network Filecoin, has gained around 15% over the past 24 hours amid the news that Meta has selected a decentralized data storage solution to archive its creators' digital collectibles.