How does Filecoin make money?

They earn Filecoin by winning bids and provider-fees for a particular file , which are determined by the market value of said file’s size. A retrieval providers’s bandwidth and bid/initial response time for deals (i.e., latency and proximity to clients) will determine its ability to close retrieval deals on the network.

Read more

Will Filecoin go back up?

They predict that FIL will be valued at $24.60 by the end of 2022 . They also forecast that growth from then until 2026 will be minimal. However, from 2017 till the end of the decade, Filecoin will rise high, and by 2030, the token will be worth $98.73.

Read more

How high can Filecoin get?

Its long-term filecoin price prediction suggests that it could be worth $31.12 by April 2023, $24.77 by April 2024, $44.84 by April 2025, and as much as $82.77 in 2030 . WalletInvestor forecasts that the filecoin price in a year’s time will be $1.57, and expects the token to continue on a general downtrend.

Read more