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Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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Use USDT/USDC to mint GUSD for treasury-level yields
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- 🚀 Gate Square “Gate Fun Token Challenge” is Live!
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Creator Graduation Bonus: 50 GT
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If delivery is unavailable, th
FIL (Filecoin) increased by 12.02% in the last 24 hours.
Gate News Bot Message, November 10th, according to CoinMarketCap data, as of press time, FIL (Filecoin) is trading at $2.89, up 12.02% in the past 24 hours, with a high of $3.88 and a low of $1.28. The 24-hour trading volume reached $1.056 billion. The current market capitalization is approximately $2.044 billion, an increase of $219 million from yesterday. FIL is currently ranked 46th in the global cryptocurrency market cap.
Recent important news about FIL:
1️⃣ Collaborating with Avalanche to Build a Cross-Chain Data Bridge Filecoin is working with Avalanche to develop a native cross-chain data bridge connecting the Filecoin Virtual Machine and Avalanche C-Chain. This partnership aims to create modular cross-chain infrastructure, potentially enhancing Filecoin’s interoperability and expanding its applications within the cross-chain ecosystem, thereby increasing FIL’s utility and market appeal.
2️⃣ Transforming into On-Chain Cloud Services Filecoin is shifting from a traditional storage network to on-chain cloud services. The official website has launched and opened a waitlist application, indicating active efforts to expand its service offerings. This strategic transformation could attract more enterprise users and bring new growth momentum to FIL.
3️⃣ Overall Strengthening of the Storage Sector Storage-focused cryptocurrencies have recently experienced a general upward trend, with FIL, as a representative project in this sector, seeing over 100% gains within 24 hours. This reflects renewed market interest in decentralized storage solutions and may signal a new development wave in this field.
From a technical perspective, FIL’s price has experienced significant short-term gains, breaking through multiple resistance levels. However, investors should be cautious of potential pullback risks, especially after such rapid increases. Fundamentally, Filecoin continues to push technological innovation and ecosystem expansion, which could support FIL’s long-term value.
This message is not investment advice; please be aware of market volatility risks.