#Fil
File Coin is seated on a possible 34X. Can't imagine people do not see that!
As we are approaching the Alt season and the parabolic phase of this Bullrun most probably within the first quarter of 2025, some crypto assets are going back to their All Time Highs and others are going to actually make New All Time Highs as we have already seen it with Sol, BNB, Bitcoin etc.
Let's Look at Fil.
Fill has around 1.9 Billion maximum Supply but with only around 610.7 Million Fil coins in Circulation.
As the world is transitioning into a Decentralized era of Web 3.0, File is a market leader in Decentralized Data Storage and can serve as the "Amazon of Crypto" in the following aspects;
1.Providing Data storage systems; as Amazon provides Centralized Data Storage Fil provides Decentralized Data Storage
2.Network Effects in terms of how both networks benefit in a sense that the value of the platforms increase as
more users and Providers join.
3. Marketplace dynamics: how users rent storage space from providers.
Remember we are in a world where Big data is becoming "as precious as metals" 😊 and so is storage!
File's market Cap stands at around $4.1 Billion and with its potential and strong user case Fil's market cap can easily balloon to $50 billion or even $100 billion plus.
Doge Coin is around $60 billion and it's just a meme, how about Fill that's solving a real world problem!
At $50 billion market Cap taking the Current Circulating Supply, Fil price can be around $81.9 per Fil
At $100 billion, the price goes to $163.8 per Fil .
if it's trading at around $6.8 at the time of writing that's a 12x and 24 X your investment.
If it goes back to the All Time High of $236, that's a 34x. Not factoring in a New All Time High.
Whether this 🐂 run or the next one, Fil is a precious 💞 gem 💎 to grab now before it explodes.
Hurdles:
Poor Tokenomics & Competion.
Not A Financial Advice always DYOR
Peace Loved and Harmony.
Look at that Consolidation. it will possibly break out any time soon