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Author Topic: Filecoin Surges 42%, Replaces Litecoin as the 9th Largest Cryptocurrency  (Read 4526 times)

Offline Tanimariya

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Institutional demand propels filecoin ahead of litecoin.
Decentralized storage network Filecoin’s FIL token has entered the list of top 10 coins on the back of increased institutional demand.

FIL is trading near $217 at press time with a market capitalization of $13.72 billion, having printed a record high of $220 early Thursday, as per data source Coingecko.
The cryptocurrency has surged by 42% in the past 24 hours and 150% in seven days, replacing litecoin (LTC, +1.65%) (LTC) as the 9th largest digital asset by market capitalization.
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