Filecoin Downtrend Continues, Is Decentralized Space Taking A Pause?

Filecoin Downtrend Continues, Is Decentralized Space Taking A Pause?

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Filecoin is currently observing a decline in the base fee variation and a slight variation in the storage power trend
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FIL price is in a strong consolidated trend from a long time. It has observed a decline of over 1.9% in the intraday session
Filecoin is a decentralized storage system which aims to store the most important information about the Humanity. It was described initially in 2014 as an incentive layer to the IPFS, since then it has had a strong growth. It is based on both proof of spacetime and proof of replication. Filecoin aims to disrupt the big data industry in a decentralized manner.
Filecoin has a total supply of 1,961,355,166 FIL in which less than 50% of it is currently circulating in the market. FIL had an all time high of $237 from which it is currently down by more than 98%. The protocol has 3431 active miners with a block reward of 12.0302FIL . The average mining reward for the protocol is 0.0068FIL/TiB. The Base fee variation of

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We współpracy z: https://www.thecoinrepublic.com/2023/09/25/filecoin-downtrend-continues-is-decentralized-space-taking-a-pause/

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