The price of FIL fell by 99% from its peak of $237 to $2.3. The fundamental reason is not a technical failure, but rather the collapse of an economic model that detached from real demand and relied on financial leverage. This marks the defeat of technological idealism in the face of economic reality, rather than the end of the direction of decentralized storage.

🚨🚨🚨$FIL Four years of reincarnation, falling from the cloud: The ideals and reality behind the 99% plunge in FIL coin value
#FIL🧿
🏆🏆In April 2021, the price of FIL coin once surged to a historical peak of $237, with a market value exceeding $30 billion, hailed as the "chosen one" of decentralized storage, basking in glory. However, just four years later, this once "star project" has fallen into the abyss. By 2025, the price of FIL hovers around $2.3, more than a 99% drop from its peak, with a total market value evaporating by over $28 billion, completely falling out of the top ranks of cryptocurrency market value.#美国政府停摆

⚡️⚡️The turning point began on September 24, 2021. China's comprehensive ban on virtual currency mining policies hit hard at FIL and similar projects that rely on physical mining machines and large-scale operations. But the story of FIL is far from a simple report on a "mining disaster." Its rise and fall is a typical example of how technological idealism gradually loses its way in the collision with economic reality and business laws.#稳定币监管风暴 $CLANKER

We once envisioned using blockchain to store the world, FIL painted a highly attractive future, Bitcoin laid the foundation for decentralized value, and Ethereum opened up the programmable realm of smart contracts.#Strategy增持比特币
The tragedy of FIL is fundamentally not the failure of decentralized storage direction, nor the failure of IPFS technology, but the failure of an economic model that is divorced from real market demand and driven by financial leverage.#存储板块 $LINEA