The first days, after the Filecoin mainnet launch, were marked with miners’ riot and price dump accusations. However, the founder of the project, Juan Bennet, declines all the critics and claims that everything is going according to the plan. At the same time, the FIL coin price fell just after the mainnet starting point and tried to correct it. What’s going on with Filecoin? Let’s make a quick overview of the Filecoin project and try to figure out its future.
Filecoin Live Price
Filecoin Price Prediction 2022
According to the technical analysis of Filecoin prices expected in 2022, the minimum cost of Filecoin will be $23.04. The maximum level that the FIL price can reach is $27.18. The average trading price is expected around $23.75.
FIL Price Forecast for March 2022
Based on the price fluctuations of Filecoin at the beginning of 2022, crypto experts expect the average FIL rate of $18.56 in March. Its minimum and maximum prices can be expected at $16.80 and at $19.09, respectively.
April 2022: Filecoin Price Forecast
Cryptocurrency experts are ready to announce their forecast for the FIL price in April 2022. The minimum trading cost might be $18.23, while the maximum might reach $19.84 during this month. On average, it is expected that the value of Filecoin might be around $18.93.
FIL Price Forecast for May 2022
Crypto analysts have checked the price fluctuations of Filecoin in 2022 and in previous years, so the average FIL rate they predict might be around $19.50 in May. It can drop to $18.80 as a minimum. The maximum value might be $20.59.
June 2022: Filecoin Price Forecast
In the middle of the year 2022, the FIL price will be traded at $19.89 on average. June might also witness an increase in the Filecoin value to $21.57. It is assumed that the price will not drop lower than $19.19 in June 2022.
FIL Price Forecast for July 2022
Crypto experts have analyzed Filecoin prices in 2022, so they are ready to provide their estimated trading average for July — $20.69. The lowest and peak FIL rates might be $19.98 and $22.36.
August 2022: Filecoin Price Forecast
Crypto analysts expect that at the end of summer 2022, the FIL price will be around $21.31. In August, the Filecoin cost may drop to a minimum of $20.60. The expected peak value might be $23.40 in August 2022.
FIL Price Forecast for September 2022
Having analyzed Filecoin prices, cryptocurrency experts expect that the FIL rate might reach a maximum of $24.25 in September 2022. It might, however, drop to $21.24. For September, the forecasted average of Filecoin is nearly $21.95.
October 2022: Filecoin Price Forecast
In the middle of autumn 2022, the Filecoin cost will be traded at the average level of $22.61. Crypto analysts expect that in October 2022, the FIL price might fluctuate between $21.72 and $25.35.
FIL Price Forecast for November 2022
Market experts expect that in November 2022, the Filecoin value will not drop below a minimum of $22.35. The maximum peak expected this month is $26.25. The estimated average trading value will be at the level of $23.06.
December 2022: Filecoin Price Forecast
Cryptocurrency experts have carefully analyzed the range of FIL prices throughout 2022. For December 2022, their forecast is the following: the maximum trading value of Filecoin will be around $27.18, with a possibility of dropping to a minimum of $23.04. In December, the average cost will be $23.75.
Filecoin Price Prediction 2023
After the analysis of the prices of Filecoin in previous years, it is assumed that in 2023, the minimum price of Filecoin will be around $34.00. The maximum expected FIL price may be around $39.98. On average, the trading price might be $35.19 in 2023.
Filecoin Price Prediction 2024
Based on the technical analysis by cryptocurrency experts regarding the prices of Filecoin, in 2024, FIL is expected to have the following minimum and maximum prices: about $50.72 and $58.80, respectively. The average expected trading cost is $52.13.
Filecoin Price Prediction 2025
The experts in the field of cryptocurrency have analyzed the prices of Filecoin and their fluctuations during the previous years. It is assumed that in 2025, the minimum FIL price might drop to $71.48, while its maximum can reach $87.77. On average, the trading cost will be around $73.56.
Filecoin Price Prediction 2026
Based on the analysis of the costs of Filecoin by crypto experts, the following maximum and minimum FIL prices are expected in 2026: $125.17 and $105.00. On average, it will be traded at $107.94.
Filecoin Price Prediction 2027
Crypto experts are constantly analyzing the fluctuations of Filecoin. Based on their predictions, the estimated average FIL price will be around $163.04. It might drop to a minimum of $157.64, but it still might reach $183.34 throughout 2027.
Filecoin Price Prediction 2028
Every year, cryptocurrency experts prepare forecasts for the price of Filecoin. It is estimated that FIL will be traded between $234.97 and $279.80 in 2028. Its average cost is expected at around $241.50 during the year.
Filecoin Price Prediction 2029
Cryptocurrency analysts are ready to announce their estimations of the Filecoin’s price. The year 2029 will be determined by the maximum FIL price of $399.24. However, its rate might drop to around $325.43. So, the expected average trading price is $337.50.
Filecoin Price Prediction 2030
After years of analysis of the Filecoin price, crypto experts are ready to provide their FIL cost estimation for 2030. It will be traded for at least $481.66, with the possible maximum peaks at $567.10. Therefore, on average, you can expect the FIL price to be around $495.16 in 2030.
Filecoin Price Prediction 2031
According to the technical analysis of Filecoin prices expected in 2022, the minimum cost of Filecoin will be $715.96. The maximum level that the FIL price can reach is $843.63. The average trading price is expected around $740.72.
Protocol Labs from California, USA, announced the start of work on the Filecoin project back in 2014. Its main goal is to create a decentralized service for the distributed storage of various information. Within the project, a new communication protocol IPFS (InterPlanetary File System) was created, which was supposed to replace the outdated HTTP.
With their brainchild, the creators of Filecoin want to compete with giants such as Google, Amazon, or Dropbox in the storage space. Thus, developers create a distributed network for storing a wide variety of information of any size, be it a single file or huge databases.
During the testnet, there were Filecoin futures contracts on the coins from ICO. Their price was about $3-$10. After the mainnet launch, the price of Filecoin boosted up to $105. On the next day, this rate was reduced twice to $53. Meanwhile, Justin Sun accused the Filecoin team of dumping the price of the asset.
According to Sun, the founders of Filecoin violated the agreement they signed with all investors in FIL under the SAFT concept. Juan Benet called San’s accusations a lie. According to him, the project team did not sell FIL.
Benet referred to the Verge article and stated that the Tron Foundation head cheated to get profits. He calls the accusations against Protocol Labs an attempt to steal the success.
Filecoin ICO Price
As we already told in the Filecoin review article, the FIL cryptocurrency ICO was bombing back in 2017. During this initial offering, $257 million were sold. $200 M of them were sold in the first hour of the presale. The ICO took place on the CoinList platform, which supposed to be used by confirmed USA residents only. There were many investors including Winklevoss Capital, Digital Currency Group, Andreessen Horowitz, Naval Ravikant, and Y Combinator.
The post Filecoin (FIL) Price Forecast appeared first on Cryptocurrency News & Trading Tips – Crypto Blog by Changelly.