March 15, 2023 3:00 PM | 1 min read

Over the past 24 hours, Filecoin's (CRYPTO: FIL) price has fallen 19.23% to $5.65. This continues its negative trend over the past week where it has experienced a 3.0% loss, moving from $5.79 to its current price.

The chart below compares the price movement and volatility for Filecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

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The trading volume for the coin has increased 251.0% over the past week while the overall circulating supply of the coin has increased 2.18% to over 404.39 million which makes up an estimated 20.58% of its max supply, which is 1.96 billion. The current market cap ranking for FIL is #29 at $2.27 billion.

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Cryptocurrency Filecoin Down More Than 19% Within 24 hours - Benzinga