Filecoin's daily revenue has sharply declined to just $4, despite its fully diluted valuation (FDV) remaining at $1.716 billion, according to cryptocurrency analyst Ted Pillows. This stark contrast highlights the challenges facing the decentralized storage network.
The FIL token has experienced a dramatic 99.8% drop from its all-time high, significantly impacting investors. An initial investment of $10,000 in FIL would now be valued at approximately $20, underscoring the severe depreciation of the token's market value.
Filecoin's Daily Revenue Plummets to $4 Amid $1.716B Valuation
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