| General information | |
|---|---|
| Global rank: | 41 |
| Name: |
Filecoin |
| Symbol: | FIL |
| Current coin price (PHP): | 218.73 ₱ |
| Last hour: | arrow_upward0.710 % |
| Last 24 hours: | arrow_downward-5.01 % |
| Last 7 days: | 4.33 %trending_up |
| Capitalisation (PHP): | 129 037 293 837.89 ₱ |
| Volume 24h (PHP): | 8 701 852 933.18 ₱ |
| Available supply: | 589 938 075.00 FIL |
| Filecoin (FIL) website: | https://filecoin.io/ |
Filecoin/Philippine Peso (FIL/PHP) price chart
Filecoin/Philippine Peso (FIL/PHP) capitalisation and volume charts
Filecoin is a decentralized storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol token (also called “Filecoin”), which miners earn by providing storage to clients. Conversely, clients spend Filecoin hiring miners to store or distribute data. Filecoin miners compete to mine blocks with sizable rewards, but Filecoin mining power is proportional to active storage, which directly provides a useful service to clients.