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Filecoin (FIL) price has risen 100% in 5 days



The price of Filecoin (FIL) has doubled in five days.

In fact, as of March 13 it was under $ 45, while today has raised to almost $ 90.

This is not the highest price of all time due to the fact that on the day of its launch in the cryptocurrency markets, October 15, 2020, it went from $ 32 to more than $ 144 in a matter of hours, with a very high increase. briefly up to $ 209, according to data from CoinMarketCap.

However, on the same day, the price dropped as low as $ 57 and has never exceeded $ 100 since.

So, not counting the absurd spikes on launch day in the cryptocurrency markets, the current price level is the highest ever, particularly as it has been consistently above $ 70 since yesterday.

It should be noted that 2020 closed with a price of $ 21, so in 2021 the price has increased about four and a half times.

The first boom occurred between February 8 and 10, when it went from $ 24 to $ 46, and then it repositioned around $ 40. But as of March 13 there was a new boom that took it to more than $ 80.

This boom also surprised Gemini co-founder Cameron Winklevoss, who tweeted:

Behind this jump is surely Grayscale, who has created a new Trust only for FIL, as well as for BAT, LINK, MANA and LPT.

In fact, the price of BAT and MANA, for example, has also risen a lot, while that of LPT has skyrocketed and that of LINK has risen, but only slightly.

Filecoin, New Universal behind the price increase?

However, there is also another important news behind the Filecoin boom, namely the fact that the Chinese company New Universal (Newu), with a market capitalization of $ 400 million, has announced that want to start mining FIL, with the goal of generating 119% of its 2019 revenue in this way.


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