BITCOIN

₹61,04,141.51

1.941%

ETHEREUM

₹3,17,161.09

2.356%

TETHER USDT

₹91.36

0.026%

BNB

₹54,829.57

2.825%

USDC

₹91.40

0.015%

XRP

₹43.66

2.72%

DOGECOIN

₹12.92

2.974%

CARDANO

₹38.49

3.725%

SHIBA INU

₹0.001941

3.891%

AVALANCHE

₹2,842.69

6.369%

WRAPPED BITCOIN

₹61,07,161.49

2.103%

TRON

₹10.69

0.469%

POLKADOT

₹580.92

5.552%

CHAINLINK

₹1,385.86

5.16%

BITCOIN CASH

₹39,473.29

5.052%

NEAR PROTOCOL

₹542.79

6.635%

UNISWAP

₹930.18

1.102%

POLYGON

₹55.34

5.851%

LITECOIN

₹7,249.41

1.121%

PEPE

₹0.001088

9.466%

BITCOIN

₹61,04,141.51

1.941%

ETHEREUM

₹3,17,161.09

2.356%

TETHER USDT

₹91.36

0.026%

BNB

₹54,829.57

2.825%

USDC

₹91.40

0.015%

XRP

₹43.66

2.72%

DOGECOIN

₹12.92

2.974%

CARDANO

₹38.49

3.725%

SHIBA INU

₹0.001941

3.891%

AVALANCHE

₹2,842.69

6.369%

WRAPPED BITCOIN

₹61,07,161.49

2.103%

TRON

₹10.69

0.469%

POLKADOT

₹580.92

5.552%

CHAINLINK

₹1,385.86

5.16%

BITCOIN CASH

₹39,473.29

5.052%

NEAR PROTOCOL

₹542.79

6.635%

UNISWAP

₹930.18

1.102%

POLYGON

₹55.34

5.851%

LITECOIN

₹7,249.41

1.121%

PEPE

₹0.001088

9.466%

BITCOIN

₹61,04,141.51

1.941%

ETHEREUM

₹3,17,161.09

2.356%

TETHER USDT

₹91.36

0.026%

BNB

₹54,829.57

2.825%

USDC

₹91.40

0.015%

XRP

₹43.66

2.72%

DOGECOIN

₹12.92

2.974%

CARDANO

₹38.49

3.725%

SHIBA INU

₹0.001941

3.891%

AVALANCHE

₹2,842.69

6.369%

WRAPPED BITCOIN

₹61,07,161.49

2.103%

TRON

₹10.69

0.469%

POLKADOT

₹580.92

5.552%

CHAINLINK

₹1,385.86

5.16%

BITCOIN CASH

₹39,473.29

5.052%

NEAR PROTOCOL

₹542.79

6.635%

UNISWAP

₹930.18

1.102%

POLYGON

₹55.34

5.851%

LITECOIN

₹7,249.41

1.121%

PEPE

₹0.001088

9.466%

BITCOIN

₹61,04,141.51

1.941%

ETHEREUM

₹3,17,161.09

2.356%

TETHER USDT

₹91.36

0.026%

BNB

₹54,829.57

2.825%

USDC

₹91.40

0.015%

XRP

₹43.66

2.72%

DOGECOIN

₹12.92

2.974%

CARDANO

₹38.49

3.725%

SHIBA INU

₹0.001941

3.891%

AVALANCHE

₹2,842.69

6.369%

WRAPPED BITCOIN

₹61,07,161.49

2.103%

TRON

₹10.69

0.469%

POLKADOT

₹580.92

5.552%

CHAINLINK

₹1,385.86

5.16%

BITCOIN CASH

₹39,473.29

5.052%

NEAR PROTOCOL

₹542.79

6.635%

UNISWAP

₹930.18

1.102%

POLYGON

₹55.34

5.851%

LITECOIN

₹7,249.41

1.121%

PEPE

₹0.001088

9.466%

BITCOIN

₹61,04,141.51

1.941%

ETHEREUM

₹3,17,161.09

2.356%

TETHER USDT

₹91.36

0.026%

BNB

₹54,829.57

2.825%

USDC

₹91.40

0.015%

XRP

₹43.66

2.72%

DOGECOIN

₹12.92

2.974%

CARDANO

₹38.49

3.725%

SHIBA INU

₹0.001941

3.891%

AVALANCHE

₹2,842.69

6.369%

WRAPPED BITCOIN

₹61,07,161.49

2.103%

TRON

₹10.69

0.469%

POLKADOT

₹580.92

5.552%

CHAINLINK

₹1,385.86

5.16%

BITCOIN CASH

₹39,473.29

5.052%

NEAR PROTOCOL

₹542.79

6.635%

UNISWAP

₹930.18

1.102%

POLYGON

₹55.34

5.851%

LITECOIN

₹7,249.41

1.121%

PEPE

₹0.001088

9.466%

BITCOIN

₹61,04,141.51

1.941%

ETHEREUM

₹3,17,161.09

2.356%

TETHER USDT

₹91.36

0.026%

BNB

₹54,829.57

2.825%

USDC

₹91.40

0.015%

XRP

₹43.66

2.72%

DOGECOIN

₹12.92

2.974%

CARDANO

₹38.49

3.725%

SHIBA INU

₹0.001941

3.891%

AVALANCHE

₹2,842.69

6.369%

WRAPPED BITCOIN

₹61,07,161.49

2.103%

TRON

₹10.69

0.469%

POLKADOT

₹580.92

5.552%

CHAINLINK

₹1,385.86

5.16%

BITCOIN CASH

₹39,473.29

5.052%

NEAR PROTOCOL

₹542.79

6.635%

UNISWAP

₹930.18

1.102%

POLYGON

₹55.34

5.851%

LITECOIN

₹7,249.41

1.121%

PEPE

₹0.001088

9.466%

BITCOIN

₹61,04,141.51

1.941%

ETHEREUM

₹3,17,161.09

2.356%

TETHER USDT

₹91.36

0.026%

BNB

₹54,829.57

2.825%

USDC

₹91.40

0.015%

XRP

₹43.66

2.72%

DOGECOIN

₹12.92

2.974%

CARDANO

₹38.49

3.725%

SHIBA INU

₹0.001941

3.891%

AVALANCHE

₹2,842.69

6.369%

WRAPPED BITCOIN

₹61,07,161.49

2.103%

TRON

₹10.69

0.469%

POLKADOT

₹580.92

5.552%

CHAINLINK

₹1,385.86

5.16%

BITCOIN CASH

₹39,473.29

5.052%

NEAR PROTOCOL

₹542.79

6.635%

UNISWAP

₹930.18

1.102%

POLYGON

₹55.34

5.851%

LITECOIN

₹7,249.41

1.121%

PEPE

₹0.001088

9.466%

BITCOIN

₹61,04,141.51

1.941%

ETHEREUM

₹3,17,161.09

2.356%

TETHER USDT

₹91.36

0.026%

BNB

₹54,829.57

2.825%

USDC

₹91.40

0.015%

XRP

₹43.66

2.72%

DOGECOIN

₹12.92

2.974%

CARDANO

₹38.49

3.725%

SHIBA INU

₹0.001941

3.891%

AVALANCHE

₹2,842.69

6.369%

WRAPPED BITCOIN

₹61,07,161.49

2.103%

TRON

₹10.69

0.469%

POLKADOT

₹580.92

5.552%

CHAINLINK

₹1,385.86

5.16%

BITCOIN CASH

₹39,473.29

5.052%

NEAR PROTOCOL

₹542.79

6.635%

UNISWAP

₹930.18

1.102%

POLYGON

₹55.34

5.851%

LITECOIN

₹7,249.41

1.121%

PEPE

₹0.001088

9.466%

BITCOIN

₹61,04,141.51

1.941%

ETHEREUM

₹3,17,161.09

2.356%

TETHER USDT

₹91.36

0.026%

BNB

₹54,829.57

2.825%

USDC

₹91.40

0.015%

XRP

₹43.66

2.72%

DOGECOIN

₹12.92

2.974%

CARDANO

₹38.49

3.725%

SHIBA INU

₹0.001941

3.891%

AVALANCHE

₹2,842.69

6.369%

WRAPPED BITCOIN

₹61,07,161.49

2.103%

TRON

₹10.69

0.469%

POLKADOT

₹580.92

5.552%

CHAINLINK

₹1,385.86

5.16%

BITCOIN CASH

₹39,473.29

5.052%

NEAR PROTOCOL

₹542.79

6.635%

UNISWAP

₹930.18

1.102%

POLYGON

₹55.34

5.851%

LITECOIN

₹7,249.41

1.121%

PEPE

₹0.001088

9.466%

BITCOIN

₹61,04,141.51

1.941%

ETHEREUM

₹3,17,161.09

2.356%

TETHER USDT

₹91.36

0.026%

BNB

₹54,829.57

2.825%

USDC

₹91.40

0.015%

XRP

₹43.66

2.72%

DOGECOIN

₹12.92

2.974%

CARDANO

₹38.49

3.725%

SHIBA INU

₹0.001941

3.891%

AVALANCHE

₹2,842.69

6.369%

WRAPPED BITCOIN

₹61,07,161.49

2.103%

TRON

₹10.69

0.469%

POLKADOT

₹580.92

5.552%

CHAINLINK

₹1,385.86

5.16%

BITCOIN CASH

₹39,473.29

5.052%

NEAR PROTOCOL

₹542.79

6.635%

UNISWAP

₹930.18

1.102%

POLYGON

₹55.34

5.851%

LITECOIN

₹7,249.41

1.121%

PEPE

₹0.001088

9.466%

Home

/

Coins

/

Filecoin

FIL

Filecoin

FIL

Watchlist

₹489.72

LIVE

24H Low ₹486.98

24H High ₹519.33

Price of FIL today

The current live price of FIL today is ₹489.72, with a 24-hour trading volume of ₹15,05,07,80,370.47. Our FIL to INR price is updated in real-time. FIL has seen a decrease of -4.86% in the last 24 hours. With a live market cap of ₹2,76,84,11,83,519.57 , the circulating supply is at 563,213,815 FIL coins, with a maximum supply of 1,960,190,271FIL coins.

Filecoin Price History

Date ComparisonAmount Change% Change
Today-₹28.97

5.58%

7 Days-₹54.38

9.99%

30 Days-₹1.65

0.33%

1 Year₹152.27

45.1%

Filecoin Price Information

Price Change (1hr)

5.47%

Price Change (24hr)

5.58%

Price Change (7d)

9.99%

Filecoin Market Stats

Market Cap

₹2,76,84,11,83,519.57

Fully Diluted Market Cap

₹9,63,50,86,71,297.93

24hr Volume

₹15,05,07,80,370.47

23.2%

Circulating Supply

563213815 FIL

Total Supply

1960190271 FIL

Things to know about Filecoin

What is the Token?

  • Filecoin (FIL) is the cryptocurrency driving the Filecoin network, aiming to decentralise file storage with incentives for reliability.

  • FIL facilitates transactions, rewards storage providers, and covers network fees.

Tokenomics

  • With a total cap of 2 billion FIL tokens, 70% is earmarked for mining rewards, increasing with network adoption.

  • Allocations include 10% to advisors and ICO investors, 15% to Protocol Labs, and 5% to a foundation, alongside deflationary mechanisms affecting supply.

Market Data

As of today 14 June 2024, the price of Filecoin is ₹489.72 INR, with a 24-hour trading volume of 164669369.48 USD. The market capitalisation for Filecoin is 3028896975.05USD. The circulating supply is 563213815 Filecoin, with the total supply also being 1960190271 Filecoin.

Token Pros and Cons

Pros:

  • Filecoin aims to offer a decentralised alternative to traditional cloud storage, possessing the potential to disrupt the market significantly.

  • It incentivises the provision of storage space, thereby supporting the expansion of its network.

Cons:

  • The ICO of Filecoin faced criticism for being tailored towards high-income investors, limiting broader participation.

  • There are concerns regarding the schedule for releasing the supply of tokens, which could adversely affect the market.

Why Should You Invest in the Coin?

  • FIL's blend of blockchain and AI for decentralised storage presents a disruptive potential in cloud services, offering an investment opportunity with staking benefits, though due diligence is advised.

USP of the Coin

  • Filecoin's unique proposition lies in its decentralised storage network utilising the InterPlanetary File System (IPFS) protocol, aiming for competitive, secure data storage.

Problem the Coin is Solving

  • By offering a decentralised storage solution, Filecoin addresses centralised data control, enhancing web accessibility and user data custody.

Founder and Team Background

  • Developed by Protocol Labs and founded by Juan Benet, Filecoin's team comprises experts in computer science and cryptography, supported by reputable investors.

ICO Price

  • Filecoin's 2017 ICO raised $205 million, with FIL tokens priced at a discount, not distributed until the main net launch in the fall of 2020.

Risks Associated in Investing in the Coin

  • FIL investment risks include market volatility, regulatory shifts, technical hurdles, and competition in the storage sector, dependent on decentralised storage demand.

Whitepaper Insights

The Filecoin whitepaper outlines a decentralised storage network that utilises blockchain technology and a native cryptocurrency, FIL, to create an open market for data storage and retrieval services. The network is built on top of the IPFS, enhancing it with an economic layer to incentivise data storage.

In the Filecoin network, clients pay storage providers to store their data. Storage providers, in turn, earn FIL by providing storage space and proving they are reliably storing the data over time. This is achieved through cryptographic proofs, including Proof-of-Replication (PoRep) and Proof-of-Spacetime (PoSt), which ensure that data is stored correctly and securely.

The network's design aims to provide robustness and efficiency. It is designed to be self-healing, with automatic detection and repair of faults. The market for storage and retrieval is open, meaning that anyone can participate as a client or a storage provider, leading to competitive prices.

Filecoin's tokenomics are designed to ensure the long-term sustainability of the network. The total supply of FIL is capped, with a portion allocated to miners as block rewards, which decrease over time. This creates a deflationary pressure on the supply. Additionally, Filecoin implements a burning mechanism where a small amount of FIL is destroyed with each transaction, further reducing the total supply.

The whitepaper also discusses the network's governance, which is community-driven. Decisions about the network's future, such as upgrades or changes to the protocol, are made through a decentralised process involving FIL holders.

Filecoin's vision is to create a more efficient and decentralised web where users have control over their data. By providing an alternative to traditional cloud storage providers, Filecoin aims to reduce reliance on centralised entities and improve the web's overall resilience.

The whitepaper presents a detailed technical overview of the network's architecture, including the consensus mechanism, the role of various types of nodes (clients, storage miners, retrieval miners), and the economic incentives that drive the network's functioning.

In summary, the Filecoin whitepaper describes a sophisticated and ambitious project that seeks to leverage blockchain technology to revolutionise the way we store and access data. It proposes a system where the principles of decentralisation, economic incentives, and community governance come together to create a more secure, efficient, and user-centric Internet.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

9140

0%

FIL to Converter

Quantity

FIL

FIL

Price

fiat

Price as per 12:23 AM • 14 Jun 2024

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Have a question not answered?

You can contact us at help@mudrex.com

What is the price of Filecoin (FIL)?

The current price of Filecoin (FIL) in INR is ₹489.72 INR.

What is the current FIL market cap?

The current market capitalization of Filecoin (FIL) is ₹2,76,84,11,83,519.57 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of FIL by the number of coins in circulation.

What is the current supply of Filecoin (FIL)?

The current supply of Filecoin (FIL) is 563213815 FIL. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Filecoin (FIL)?

The 24-hour trading volume of Filecoin (FIL) in INR is ₹15,05,07,80,370.47. This figure represents the total value of all FIL transactions across various exchanges within the last 24 hours.

How to Buy Filecoin (FIL) in India?

To buy Filecoin (FIL) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in FIL.

Can I buy Filecoin (FIL) with UPI?

Yes, you can buy Filecoin (FIL) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Filecoin (FIL) to Indian Rupee (INR)?

To convert Filecoin (FIL) to Indian Rupee (INR), you can use our FIL/INR conversion tool.

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