Cryptocurrency Filecoin's Price Increased More Than 32% Within 24 hours

Filecoin's (CRYPTO: FIL) price has increased 32.1% over the past 24 hours to $7.19. Over the past week, FIL has experienced an uptick of over 38.0%, moving from $4.94 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.

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The trading volume for the coin has climbed 283.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.1%. This brings the circulating supply to 389.51 million, which makes up an estimated 19.81% of its max supply of 1.97 billion. According to our data, the current market cap ranking for FIL is #28 at $2.78 billion.

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

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This article Cryptocurrency Filecoin's Price Increased More Than 32% Within 24 hours originally appeared on Benzinga.com