3 years after the ICO, Filecoin (FIL) rallies 118% upon listing
More than 3 years after its ICO, Filecoin listed on major exchanges and rallied 118% but it’s too early to forecast an altseason. On Thursday Filecoin (FIL) began trading across major exchanges over three years after its initial coin offering. Upon listing, the token traded at wildly different prices across multiple exchanges and while the premium shows there is still an appetite for altcoins, investors interpreting the rallies from FIL and Polkadot (DOT) as the beginning of an altseason may be disappointed. Hours after trading began, top cryptocurrency exchanges including FTX, Binance,....
Related News
The cryptocurrency market is known for some strange occurrences and insane rallies, especially during a bull market. 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 […]
Juan Benet, a founder at Filecoin, is attacking Justin Sun for spreading completely false accusations about the movement of the FIL tokens soon after listing. In his long Twitter rebuff, Benet accuses Sun of spreading lies with the intention of harming the Filecoin project financially. Calling the accusations ridiculous, Benet says no one from the Filecoin team sold the FIL token on the day of listing. Soon after the FIL token went live on many exchanges, Sun unexpectedly tweeted alleging that Benet and others at Filecoin had exit scammed. This follows reports the Filecoin team had dumped....
Three years after its $257 million ICO, decentralized data storage provider Filecoin has said mainnet will go live in mid-October.
After a week of significant gains, Filecoin (FIL) is shaping up to become one of the biggest earning cryptocurrencies of the month. Journalist Colin Wu has recorded increasing interest in the cryptocurrency and its file-sharing platform: Filecoin surpassed $100, benefiting a large number of Chinese miners and investors. Reasons: the first investor token will be […]
The Filecoin network is recovering as miners upgrade to a new client after a four-hour network outage. Decentralized storage protocol Filecoin (FIL) came to a standstill on Dec. 19 as a bug caused instability on the network. According to a project status report issued by the Filecoin team: “The Filecoin network is halted with most nodes stuck at height 336459 with mismatched state compute error due to indeterminate behavior.”Based on the timeline given in the status update, it took less than four hours for the Filecoin dev team to fix the problem. As part of the solution, miners had to....