Volatility in cryptocurrencies increased as Bitcoin rose as high as $25,000.
Although BTC, which has difficulties to hold above $ 25,000 for now, has regressed to $ 23000, the activity in the news altcoins has increased.
Filecoin He announced in January that he would launch smart contracts in March 2023 and become a full-fledged L1. This news, which was not priced in those days due to the situation in the market, started to be priced with the approach of March and the rise in Bitcoin.
Filecoin has gained 27% in the last 24 hours.
Filecoin It continues to trade at $6.82 and 97% below the ATH level of $240 with the recent rise.
Filecoin is a decentralized project that aims to build the world’s largest decentralized storage network. With the update to be made in March, smart contracts can be prepared on the network and Filecoin will work like a full-fledged network.
Filecoin mining is also a project that can be done. There are 3785 active miners active on the network. A capacity of 18767 EIBs (exbibytes) is stored on the Filecoin network.
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