Editor's PiCK

Filecoin (FIL) surges 10% following Upbit listing announcement

Source
Minseung Kang

Summary

  • It was reported that Filecoin (FIL) surged 10% in price following the news of its listing on Upbit.
  • It was stated that the FIL token is trading at a price up 9.64% from the previous day on the Binance USDT market.
  • Upbit announced the support for FIL trading, emphasizing that it is a project based on a decentralized file system.

The price of the FIL token surged nearly 10% after the domestic virtual asset (cryptocurrency) exchange Upbit announced the listing of Filecoin (FIL).

On the 4th, the price of FIL was trading at $2.990 on the Binance USDT market at 16:16, up 9.64% from the previous day. During the day, the FIL price temporarily expanded its gains to $3.459 (+27%).

Earlier, Upbit announced at 16:30 that it would support FIL trading in the KRW market.

Meanwhile, Filecoin is a project that implements a decentralized data storage system using blockchain-based InterPlanetary File System (IPFS) technology.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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