Breaking: Filecoin's USDFC Now on SushiSwap $FIL To Surge 250%The Filecoin's -backed stablecoin $USDFC has extended its services to the Sushiswap platform where users can now swap USDFC seamlessly on SushiSwap, making it easier than ever to access!
Furthermore, by providing liquidity to the FIL/USDFC pool, you can earn fee income.
This strategic move by Filecoin ( LSE:FIL ) is set to make LSE:FIL go parabolic in the coming week with an anticipated 250% surge in the horizon.
As of the time of writing, Filecoin ( LSE:FIL ) is down 6.24% losing the $3 pivot currently down to $2.66. The asset is approaching oversold levels as hinted by the RSI at 37.60. However, the daily chart pattern depicts a symmetrical triangle, a breakout above the ceiling of the triangle could cement the grounds for the 250% surge.
What Is Filecoin (FIL)?
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.
Filecoin Price Live Data
The live Filecoin price today is $2.67 USD with a 24-hour trading volume of $171,672,956 USD. Filecoin is down 6.34% in the last 24 hours. The current CoinMarketCap ranking is #47, with a live market cap of $1,728,274,124 USD. It has a circulating supply of 647,135,072 FIL coins and the max. supply is not available.