Filecoin (FIL) Price Signals Fresh Bull Run, Aims for Multi-Year HigH

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Filecoin (FIL), the utility-based altcoin, is signaling the onset of a fresh bull run. After establishing a robust bear market support level around $3 last year, FIL has gained more than 200 percent since October, trading at approximately $9.32 on Friday during the early London session.

With a fully diluted valuation of about $18.4 billion and a daily average trading volume of approximately $253 million, Filecoin has attracted significant investment and integrations in recent months. This growing interest in the decentralized storage platform has led many analysts and investors to believe that FIL’s price will reach a new multi-year high in the coming months.

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