#TradingTypes101

As of June 2024, #fil **Filecoin (FIL)** is experiencing a mix of technological advancements, market fluctuations, and ecosystem growth. Below is an overview of its current situation:

### **1. Market Performance (June 2024)**

- **Price:** FIL has seen volatility, trading between **$5 and $10** in recent months, influenced by broader crypto market trends.

- **Market Cap:** Around **$3–4 billion**, making it a top 30–40 cryptocurrency by market capitalization.

- **Adoption & Demand:** Storage usage on Filecoin has been growing, but price action remains tied to speculative trading rather than pure utility metrics.