Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Filecoin (FIL) Historical Price and Return Analysis: Should I Buy FIL Now?
Abstract
This article provides a comprehensive review of Filecoin’s historical price movements and market volatility since its inception, combining data from bull and bear market phases to assess the potential returns of purchasing 10 FIL tokens. It addresses the critical question: “Should I buy Filecoin now?” to help both novice and long-term investors identify optimal entry points and growth opportunities.
Early Market Cycles and Bull Market Origins: Historical Price Review (2017 to 2021)
Filecoin is a token built on the IPFS protocol, designed to incentivize miners who contribute idle hard drive storage capacity. The platform utilizes a novel proof-of-work algorithm where miners receive FIL rewards proportional to their storage contributions. According to market records, FIL’s early trading price started at approximately $15.00 in 2017.
Below is Filecoin’s price performance during the initial bull market phase:
2017
2018
2019
2020
2021
An investor who purchased 10 FIL tokens during the early bull market phase would have experienced significant volatility, with potential cumulative returns reflecting the dramatic price swings across these years.
Bear Market Correction and Mid-Cycle Downturn: Risk and Return Analysis (2022 to 2023)
During this period, Filecoin experienced a severe bear market correction, with prices declining substantially from their 2021 peaks. The cryptocurrency market faced significant headwinds during this phase.
2022
2023
Potential returns for an investor purchasing 10 FIL tokens during this bear market period:
Recent Market Cycles: Should I Buy Filecoin Now? (2024 to 2026)
In recent years, Filecoin has continued to experience significant volatility, with investors debating whether the market has entered a new bull phase or remains in a prolonged bear market. Price movements have remained choppy with limited recovery.
2024
2025
2026 (to date)
Potential returns for an investor purchasing 10 FIL tokens during the recent market cycle:
Summary: Bull Markets, Bear Markets, and Investment Timing Analysis
Through analysis of Filecoin’s historical prices and potential returns across multiple market cycles, a clear long-term downtrend is evident. Since peaking in 2021 at $182.86, FIL has experienced a sustained decline, with current prices trading near all-time lows. The data suggests investors face significant headwinds, and current valuations do not present an obvious opportunity for new capital allocation at this juncture.