my suggestion for recovery, buy $fil. read the fundamentals and the pattern. on the weekly there is a bullish divergence. hold until $16-$24. hopefully, there will be a change. don't forget me when your asset has recovered..
Pejuang Crypto7
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The Fate of Crypto Players
A month ago spent a balance of 100 million+ in 1 month Now looking for 10,000 must endure the heat until getting rained on😭 #MarketUptober $PEPE {spot}(PEPEUSDT)
$FIL #ATH Key Factors Influencing the Price of FIL Project Fundamentals: Adoption and Use Cases: Filecoin is a decentralized storage network (Decentralized Storage Network/DSN). Its future heavily depends on how many companies, developers, and individuals adopt its network as an alternative to centralized storage providers like Amazon Web Services (AWS) or Google Cloud. Technological Developments: Enhancements and updates to the Filecoin protocol, such as transaction cost optimization, speed improvements, and integration with other projects (like DePIN or AI), can enhance the utility and demand for FIL tokens. Tokenomics: Filecoin's monetary policy, including circulating supply and token release schedules, will affect its availability and price. Overall Crypto Market Conditions: Bitcoin Halving and Market Cycles: Historically, bull runs in the crypto market are often triggered by Bitcoin Halving that occurs roughly every four years. When Bitcoin rises, capital often flows into altcoins like FIL.
Integration with Future Technologies: Filecoin has significant potential to become the storage infrastructure for future projects like DePIN (Decentralized Physical Infrastructure Networks) and AI applications that require large amounts of decentralized data storage. Collaborations with these projects could serve as significant growth catalysts. Price Volatility: Despite the growth potential, it is important to remember that FIL prices can be highly volatile. Historical prices show that FIL once reached an all-time high (ATH) of over $200 during a previous bull run but also experienced sharp declines afterward. Important: This information is not financial advice. Always conduct your own thorough research (Do Your Own Research - DYOR) and consider your risk tolerance before making investment decisions. The crypto market is highly unpredictable.