Benzinga – by Benzinga Insights, Benzinga Staff Writer.

Filecoin’s (CRYPTO: FIL) price has decreased 3.38% over the past 24 hours to $7.27. This is contrary to the coins performance over the past week where it has experienced an up-trend of 33.0%, moving from $5.49 to its current price.

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.

Filecoin’s trading volume has climbed 116.0% over the past week along with the circulating supply of the coin, which has increased 1.26%. This brings the circulating supply to 490.72 million, which makes up an estimated 25.02% of its max supply of 1.96 billion. According to our data, the current market cap ranking for FIL is #28 at $3.57 billion.

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