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Filecoin Foundation Donates $10 Million Worth Of Filecoin To Internet Archive

Filecoin Foundation Donates $10 Million Worth Of Filecoin To Internet Archive



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7 Comments

  1. Ehh….Color me unimpressed.

    The fully diluted float of FIL is insanely high (like think a market cap significantly higher than BTC type of insanely high), and although the price has run up unreasonably high recently for some reason it is not sustainable precisely because of that dilution. So that “$10M of FIL” that they donated isn’t actually worth anywhere near that. This is a PR stunt and not much more at the core.

    P.S. If you’re holding FIL, you might want to take a look at just how much FIL will be hitting the market in the future and start looking for a good opportunity to take profits before the market wakes up.

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Cardano, IOTA, Enjin Coin Price Analysis: 10 April

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