听甜梦说
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Major Events in the Crypto World! How will the Low Point of FIL Meet the Growth of FVM?
Filecoin (FIL) and the Filecoin Virtual Machine (FVM) are dynamic moments that capture the hearts of investors. Currently, FIL is deeply entrenched in a low point, while FVM is making remarkable progress. This stark contrast has led many investors to wonder if the investment trend is about to change.
FIL was once a star project in the crypto world, with its price soaring to $238 in 2021, attracting countless investors to jump in.
However, its price has since plummeted nearly 98%, struggling at a low level today. The reasons for this situation are complex. From a market perspective, the frenzied speculation by early miners led to an inflated price for FIL. As the hype cooled down, the demand for staking sharply reduced, making it difficult for the price to hold.
Additionally, FIL faces a high inflation rate in the market, with a fast release speed, while the market's absorption capacity is limited. The situation of oversupply further depressed prices. Furthermore, FIL is facing fierce market competition, with strong competitors like Arweave and Storj continuously eating into its market share in the decentralized storage sector. Traditional cloud storage services like AWS and Google Cloud, with their significant advantages in stability, price, and convenience, have also made it difficult for FIL to develop.
In the decentralized finance (DeFi) field, it can support the development of various financial applications, providing users with more convenient and efficient financial services. In the non-fungible token (NFT) field, FVM can securely store the metadata of digital artworks, ensuring the uniqueness and security of digital assets.
From an investment perspective, FVM indeed has several attractive characteristics. Firstly, the issuance of FVM is scarce, with only 10,000 tokens available. In the cryptocurrency field, such a low issuance of mainstream coins is relatively rare, and scarcity is often an important driving force for price increases.
Secondly, FVM adopts a unique "Proof of Replication (PoRep) + Proof of Spacetime (PoSt)" consensus mechanism, focusing on the effective utilization of storage resources, avoiding unfair competition caused by computing power monopolies, ensuring data security and reliability, and creating fair entry opportunities for ordinary investors.
#FIL/USDT #币安Alpha上新
Filecoin (FIL) and the Filecoin Virtual Machine (FVM) are dynamic moments that capture the hearts of investors. Currently, FIL is deeply entrenched in a low point, while FVM is making remarkable progress. This stark contrast has led many investors to wonder if the investment trend is about to change.
FIL was once a star project in the crypto world, with its price soaring to $238 in 2021, attracting countless investors to jump in.
However, its price has since plummeted nearly 98%, struggling at a low level today. The reasons for this situation are complex. From a market perspective, the frenzied speculation by early miners led to an inflated price for FIL. As the hype cooled down, the demand for staking sharply reduced, making it difficult for the price to hold.
Additionally, FIL faces a high inflation rate in the market, with a fast release speed, while the market's absorption capacity is limited. The situation of oversupply further depressed prices. Furthermore, FIL is facing fierce market competition, with strong competitors like Arweave and Storj continuously eating into its market share in the decentralized storage sector. Traditional cloud storage services like AWS and Google Cloud, with their significant advantages in stability, price, and convenience, have also made it difficult for FIL to develop.
In the decentralized finance (DeFi) field, it can support the development of various financial applications, providing users with more convenient and efficient financial services. In the non-fungible token (NFT) field, FVM can securely store the metadata of digital artworks, ensuring the uniqueness and security of digital assets.
From an investment perspective, FVM indeed has several attractive characteristics. Firstly, the issuance of FVM is scarce, with only 10,000 tokens available. In the cryptocurrency field, such a low issuance of mainstream coins is relatively rare, and scarcity is often an important driving force for price increases.
Secondly, FVM adopts a unique "Proof of Replication (PoRep) + Proof of Spacetime (PoSt)" consensus mechanism, focusing on the effective utilization of storage resources, avoiding unfair competition caused by computing power monopolies, ensuring data security and reliability, and creating fair entry opportunities for ordinary investors.
#FIL/USDT #币安Alpha上新
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