Filecoin (FIL) Price Prediction 2020, 2021, 2025, 2030

What is Filecoin?

Filecoin as name suggest it is storage based blockchain project that aim to innovate traditional storage system. Filecoin is nothing but decentralized storage network that allow user to store their data or information. The project will not be operated by any third party or central entity and will have economic incentives to ensure stored file reliability. Basically, Filecoin work as peer to peer network that simply store files for users.

Filecoin allow users and storage provider to join network, where anyone can store file and provider storage to get paid. Filecoin aim to bring cheap, affordable and transparent storage pricing on marketplace considering requirement of users, however price of storage will not be decided by any single company. As filecoin will open market for storing and retrieving information for everyone. while, storing files user get benefit to choose speed, redundancy, trade-off between cost with customized miner as per their requirement. filecoin application also allow to negotiate storage on network with any miner as per user choice.

Filecoin ecosystem along with blockchain uses native crytocurrency or native token i.e. FIL. This token on can earn by storage miner for storing files and verify files using their own blockchain, as every transaction recorded with blockchain.

Filecoin Price Prediction

Month & YearFIL Price Prediction
November 2020$49.61
December 2020$73.11
January 2021$93.01
February 2021$109.01
March 2021$112.60
April 2021$124.67
May 2021$115.86
June 2021$134.46
July 2021$139.36
August 2021$130.22
September 2021$148.82
October 2021$159.27
November 2021$170.04
December 2021$160.57
January 2022$175.58
February 2022$181.46
March 2022$167.10
April 2022$192.23
May 2022$200.71
June 2022$207.57
July 2022$195.49
August 2022$206.91
September 2022$217.68
October 2022$224.86
November 2022$242.81
December 2022$226.82
January 2025$239.55
March 2025$254.56
May 2025$265.01
July 2025$388.05
October 2025$384.46
Decemeber 2025$399.14
January 2030$438.31
March 2030$644.24
May 2030$656.64
July 2030$642.61
October 2030$652.08
December 2030$689.28

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Filecoin Overview

Project nameFilecoin
Ticker SymbolFIL
Total Supply14,553,663
Official websiteFilecoin.io
Based onDecentralized storage
Launched year2017
All-time high$35.08 USD
Exchange PlatformGemini, Gate.io, BitForex, Poloniex, BitZ, BiKi, TOKOK, BitAsset, Lbank, Excc, Coinlist Pro, BiOne.
WalletMath Wallet, Gemini Wallet.

FIL ICO Overview

Platform usedERC-20
Raised by$257,000,000 USD
Date of ICO7 September 2017
ICO Price$5 USD
PartnersEth2Singer, Ocean Protocol, Gemini, Dcoin, Ontology, Protofire, Bluezelle.
Filecoin Price Prediction

FIL Price Analysis

FIL Price as per expectation and demand of cloud storage it started following bullish trend. FIL after announcement major crypto trading platform i.e. Gemini it started seeing huge growth in investment and volume. FIL since April 2019 trading at average price of $4.50 USD and in April 2020 price started surging. FIL in last 7 month is hiked from $4 USD to $35.08 USD i.e. all time high of October with 775% price change.

FAQ

How much Filecoin will be worth in 5 years?

Filecoin may cross $50 USD.

Is Filecoin a Good Investment?

Do your own research before investment, but as per our prediction filecoin can be good choice.

Conclusion

Cloud storage or p2p storage is constantly growing billion worth market that continue rising with number of users. Blockchain technology ability to improve security, transaction and security feature at same time and Filecoin also adopted this technology. Filecoin recently enter into top 50 blockchain project and along with decentralized finance this storage-based project also ruling in year 2020. Filecoin has great experience with team along with company is old enough to be trusted. In recent times decentralized storage and commuting project launching focusing on low cost, security and transparency. However, Filecoin current one of the top storage blockchain project and may worth in billion in upcoming years.

Filecoin Rating