Filecoin allows people around the world to rent out free space on their hard drives, creating a global decentralized storage system. The idea is not new, and there are competitors.
Filecoin is a project with a strong technical foundation:
⚙️ Unique PoRep + PoSt consensus
💾 Solves the problem of decentralized data storage
🧠 Active development, over 100 developers, integration with IPFS and EVM via FVM
🤝 Partners — Brave, UC Berkeley, Protocol Labs
🛡️ Bug bounty, stable network, no critical hacks
📉 Technically:
The coin is at a local resistance (trend)
If it breaks through, the targets are 3.2–3.5
Cancellation of the scenario — below $2
On the daily chart, the instrument is below the lower boundary of the sideways trend
Upon returning to its range:
🔹 Potential movement to the middle — 70%
🔹 To the upper boundary — 200%