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By the time of press release, Filecoin (FIL) had risen 27% to US $6.857 in the past 24 hours, leading the top 100 in valuation.

At around 16:00 (GMT) on February 16, BTC reached its highest level of US $25260 so far this year. In the 24-hour fluctuation, small-cap stocks experienced small sales and lost their driving force.

Even so, the excellent performance of Filecoin, Astar and Rokcet Pool in the past 24 hours has taken advantage of the situation.

The price of Filecoin at the beginning of this year was US $3.013, with a total increase of 130% in recent years. Consistent with the overall market situation, FIL has been rising steadily in all January, and the 50-day moving average system was raised on the 12th.

By January 22, the two-week phase had officially started, ranging from $4.646 to $5.83. Filecoin gradually rose after another attempt at the support point of US $4.646 on February 13.

Today, February 17, the price of candles rose by 27% every day (at the same time as the price rose by 27% in the past 24 hours), setting a new 26-week record.

Although the main performance was strong, FIL was still 97% lower than the historical record of US $236.84 set on April 1, 2021.

Filecoinvm virtual machine

No new fundamental development trend can explain the improvement of buyers.

However, on January 19, this project announced the Filecoinvm Virtual Machine (FVM), which will be released in the ETHDenver period on March 1.

FVM is an Ethereum virtual machine (EVM) running based on the Filecoin protocol, enabling developers to migrate all EVM smart contracts to FVM. This will generate universal programmability for the Filecoin storage network and apply to test cases such as permanent storage, DeFi and DataDaos.

Data information channel refers to the value and effect of storing and managing data, including scientific research database system, and opening data to the public through the identification of changing stakeholder system software.

"Filecoinvm virtual machine (FVM) is the runtime environment of Filecoin's smart contract (also known as participant) on the network. FVM brings Filecoin customer programmability and unleashes the huge potential of open data socio-economic."

By the time of press release, Filecoin ranked 26th in market value, and FIL price wasUpwardly32.5%In the past 24 hours. FIL's valuation isUS $2.85 billionThe 24-hour turnover isUS $1.18 billion。 Learn more ›

Document currency

$7.31

FILLUSD data chart (by Trading View)

Market summary

By the time of press release, cryptocurrency market companies around the world were valued atUS $110 millionThe sound isUS $78.86 billion。 Bitcoin is now dominant42.36%。 Learn more ›

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