Filecoin (FIL) Portfolios Stay Red With 18% Weekly Losses

Filecoin remains beaten up by the current market’s heavy volatility as it continues pointing downwards. According to the latest market data, FIL plummeted by 18% since last week, representing a significant slash in value. Investors remain shaken by the current market losses of the token. However, several developments might repair the lost trust in the token, but it remains to be seen what impact they might have on the future performance of FIL. Related Reading: Stacks (STX) Drops 23%, But Recent Devs Might Slow The Trend A Series Of Wins For Filecoin Despite having a bad start in August, the ecosystem still has aces up its sleeve that might turn the tide. Yesterday, the X account Cricimiento announced that they are partnering with the Filecoin Foundation to “help advance Argentina’s crypto ecosystem” at Aleph, a crypto event in Argentina that aims to turn the country into the world’s crypto capital.

Aug 4, 2024 - 20:00

Filecoin (FIL) Portfolios Stay Red With 18% Weekly Losses

Filecoin remains beaten up by the current market’s heavy volatility as it continues pointing downwards. According to the latest market data, FIL plummeted by 18% since last week, representing a significant slash in value.

Investors remain shaken by the current market losses of the token. However, several developments might repair the lost trust in the token, but it remains to be seen what impact they might have on the future performance of FIL.

A Series Of Wins For Filecoin

Despite having a bad start in August, the ecosystem still has aces up its sleeve that might turn the tide.

Yesterday, the X account Cricimiento announced that they are partnering with the Filecoin Foundation to “help advance Argentina’s crypto ecosystem” at Aleph, a crypto event in Argentina that aims to turn the country into the world’s crypto capital.