Filecoin’s Meteoric Rise: A Breakthrough in the Crypto Market
The crypto markets are witnessing a significant trend reversal, and Filecoin (FIL) has emerged as one of the brightest performers. Within the last 24 hours, FIL surged by more than 50%, breaking past the critical $1.50 resistance mark and climbing as high as $2.22 before settling slightly. This remarkable rally is turning heads among crypto enthusiasts and investors alike, positioning Filecoin as a key player in the latest Web3-driven market momentum.
What Sparked Filecoin’s Price Surge?
Several factors contributed to this unprecedented price increase. First, a decisive breakout occurred at the $1.50 resistance level, prompting a noticeable uptick in trading volumes. This attracted both spot market and derivatives traders, leading to a wave of
