intermediate
The first days, after the Filecoin mainnet launch, were marked with miners’ riot and price dump accusations. However, the founder of the project, Juan Bennet, declines all the critics and claims that everything is going according to the plan. At the same time, the FIL coin price fell just after the mainnet starting point and tried to correct it. What’s going on with Filecoin? Let’s make a quick overview of the Filecoin project and try to figure out its future.
Filecoin Overview
Our real-time FIL to USD price update shows the current Filecoin price as $4.43 USD.
Our most recent Filecoin price forecast indicates that its value will increase by -0.68% and reach $4.40 by May 16, 2023.
Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 71%, with a Fear & Greed Index score of 48 (Neutral).
Over the last 30 days, Filecoin has had 13/30 (43%) green days and 10.13% price volatility.
Filecoin (FIL) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Filecoin (FIL) Price Prediction For Today, Tomorrow and Next 30 Days
Filecoin Prediction Table
Filecoin Historical
According to the latest data gathered, the current price of Filecoin is $$4.49, and FIL is presently ranked No. 31 in the entire crypto ecosystem. The circulation supply of Filecoin is $1,896,584,058.75, with a market cap of 422,657,419 FIL.
In the past 24 hours, the crypto has increased by $0.14 in its current value.
For the last 7 days, FIL has been in a good upward trend, thus increasing by 12.37%. Filecoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of FIL has increased by 25.35%, adding a colossal average amount of $1.14 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Filecoin Price Prediction 2023
According to the technical analysis of Filecoin prices expected in 2023, the minimum cost of Filecoin will be $3.08. The maximum level that the FIL price can reach is $5.04. The average trading price is expected around $7.01.
FIL Price Forecast for May 2023
Based on the price fluctuations of Filecoin at the beginning of 2023, crypto experts expect the average FIL rate of $4.08 in May 2023. Its minimum and maximum prices can be expected at $3.70 and at $4.46, respectively.
June 2023: Filecoin Price Forecast
Cryptocurrency experts are ready to announce their forecast for the FIL price in June 2023. The minimum trading cost might be $3.08, while the maximum might reach $5.42 during this month. On average, it is expected that the value of Filecoin might be around $4.25.
FIL Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of Filecoin in 2023 and in previous years, so the average FIL rate they predict might be around $5.50 in July 2023. It can drop to $5.00 as a minimum. The maximum value might be $6.01.
August 2023: Filecoin Price Forecast
In the middle of the year 2023, the FIL price will be traded at $5.50 on average. August 2023 might also witness an increase in the Filecoin value to $6.01. It is assumed that the price will not drop lower than $5.00 in August 2023.
FIL Price Forecast for September 2023
Crypto experts have analyzed Filecoin prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $5.50. The lowest and peak FIL rates might be $4.00 and $7.01.
October 2023: Filecoin Price Forecast
Crypto analysts expect that at the end of summer 2023, the FIL price will be around $5.50. In October 2023, the Filecoin cost may drop to a minimum of $5.00. The expected peak value might be $6.01 in October 2023.
FIL Price Forecast for November 2023
Having analyzed Filecoin prices, cryptocurrency experts expect that the FIL rate might reach a maximum of $6.01 in November 2023. It might, however, drop to $5.00. For November 2023, the forecasted average of Filecoin is nearly $5.50.
December 2023: Filecoin Price Forecast
In the middle of autumn 2023, the Filecoin cost will be traded at the average level of $4.54. Crypto analysts expect that in December 2023, the FIL price might fluctuate between $4.00 and $5.07.
Filecoin Price Prediction 2024
After the analysis of the prices of Filecoin in previous years, it is assumed that in 2024, the minimum price of Filecoin will be around $8.83. The maximum expected FIL price may be around $10.15. On average, the trading price might be $9.13 in 2024.
Filecoin Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Filecoin, in 2025, FIL is expected to have the following minimum and maximum prices: about $12.65 and $15.14, respectively. The average expected trading cost is $13.01.
Filecoin Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Filecoin and their fluctuations during the previous years. It is assumed that in 2026, the minimum FIL price might drop to $18.62, while its maximum can reach $21.81. On average, the trading cost will be around $19.27.
Filecoin Price Prediction 2027
Based on the analysis of the costs of Filecoin by crypto experts, the following maximum and minimum FIL prices are expected in 2027: $33.46 and $28.05. On average, it will be traded at $28.83.
Filecoin Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Filecoin. Based on their predictions, the estimated average FIL price will be around $43.12. It might drop to a minimum of $41.96, but it still might reach $48.34 throughout 2028.
Filecoin Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Filecoin. It is estimated that FIL will be traded between $61.09 and $72.41 in 2029. Its average cost is expected at around $63.25 during the year.
Filecoin Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Filecoin’s price. The year 2030 will be determined by the maximum FIL price of $105.94. However, its rate might drop to around $92.09. So, the expected average trading price is $94.62.
Filecoin Price Prediction 2031
After years of analysis of the Filecoin price, crypto experts are ready to provide their FIL cost estimation for 2031. It will be traded for at least $131.06, with the possible maximum peaks at $160.86. Therefore, on average, you can expect the FIL price to be around $134.84 in 2031.
Filecoin Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Filecoin’s price. The year 2032 will be determined by the maximum FIL price of $227.62. However, its rate might drop to around $196.33. So, the expected average trading price is $201.73.
Can’t load widget
Filecoin Live Price
Filecoin Value
Protocol Labs from California, USA, announced the start of work on the Filecoin project back in 2014. Its main goal is to create a decentralized service for the distributed storage of various information. Within the project, a new communication protocol IPFS (InterPlanetary File System) was created, which was supposed to replace the outdated HTTP.
With their brainchild, the creators of Filecoin want to compete with giants such as Google, Amazon, or Dropbox in the storage space. Thus, developers create a distributed network for storing a wide variety of information of any size, be it a single file or huge databases.
During the testnet, there were Filecoin futures contracts on the coins from ICO. Their price was about $3-$10. After the mainnet launch, the price of Filecoin boosted up to $105. On the next day, this rate was reduced twice to $53. Meanwhile, Justin Sun accused the Filecoin team of dumping the price of the asset.
According to Sun, the founders of Filecoin violated the agreement they signed with all investors in FIL under the SAFT concept. Juan Benet called San’s accusations a lie. According to him, the project team did not sell FIL.
On this Justin Sun bullshit — these accusations are completely FALSE. Neither PL nor any team member sold FIL as he accuses. & the ridiculous magnitude of trade he claims we made is a monumental lie. https://t.co/c21EFjyINd
— Juan Benet (@juanbenet) October 19, 2020
Benet referred to the Verge article and stated that the Tron Foundation head cheated to get profits. He calls the accusations against Protocol Labs an attempt to steal the success.
Filecoin ICO Price
As we already told in the Filecoin review article, the FIL cryptocurrency ICO was bombing back in 2017. During this initial offering, $257 million were sold. $200 M of them were sold in the first hour of the presale. The ICO took place on the CoinList platform, which supposed to be used by confirmed USA residents only. There were many investors including Winklevoss Capital, Digital Currency Group, Andreessen Horowitz, Naval Ravikant, and Y Combinator.
