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Market Cap Of Filecoin Actual Circulation Marks Nearly $2.5 Bln, And 24 Days Left To Cut Back Production

Mon, 22 Mar 2021, 02:49 am UTC

According to data from Non Trumpet, Filecoin has been listed on 120 crypto exchanges after its mainnet launch within half a year, including all the world's major exchanges such as Huobi, OKEx, Binance, Coinbase, Bitfinex, Bittrex, ZB, gate.io, etc. The current 24-hour trading volume is 14.3 billion yuan (about $2.197 billion). The total circulating market cap is 55 billion yuan (~$8.453 billion), and the actual circulating market cap is about 16 billion yuan (approx. $2.459 billion).

It was reported that SAFT will be fully released in a linear manner on April 15. After that, the number of Filecoin circulating in the market is expected to decrease by 280,000 pieces per day, or 43.2% per day.

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