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Here’s why Filecoin investors can look forward to increasing returns in the long run
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The broader crypto market pumped over the past week. Top coins like Bitcoin, Etheruem and BNB have recorded upticks in the 10%-20% bracket and in effect, the global crypto market cap also managed to climb to new highs.
In the same weekly time window, however, a couple of alts haven’t really fared that well. Filecoin has been one such alt that hasn’t followed suit. That said, its value depreciated by more than 11% in the same weekly time window.
Thus, the question that remains unanswered now, is whether or not FIL’s inert trend would reverse in the foreseeable future.
Well, despite the not-so-great short-term returns, the broader sentiment has gradually started to change, pointing out that the current downtrend might not be able to persist for
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