$FIL The madness continues, hitting $3-$5 each will be quick.
Post
--Bullish
Binan投资家A神
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Bullish$FIL Recently, Filecoin's market situation has been driven by a surge in U.S. stock storage shares and skyrocketing AI storage demand, with a 24-hour increase of 9.96%. This will have a positive impact on prices, specifically because funds are migrating from traditional storage giants like Micron and Western Digital to crypto storage narratives like SFIL. Additionally, the integration of Cardano, the strengthening of the DePIN sector, and institutional financing catalysts are contributing factors.
After 6 years of downtrends and wash trading, not a single retail trader could hold on. No one saw hope; most have cut losses. For the whales, pumping the price is effortless, as there’s virtually no selling pressure. Moreover, Grayscale still holds over a hundred million dollars in positions, with an average cost above $3. Now is the time to enter, with prices even lower than the institutions. Are you still hesitant to enter the market? Still not willing to hold?
This time, the rise can be attributed to three reasons:
1. AI computing power has surged this year, and that power requires GPU storage.
2. This year, U.S. storage stocks have skyrocketed by 39 times; what about storage in the crypto space?
3. The underlying value is driven by computing power, and perhaps AI computing will completely ignite the crypto storage narrative. This could mean that FIL might rise even higher.
After 6 years of downtrends and wash trading, not a single retail trader could hold on. No one saw hope; most have cut losses. For the whales, pumping the price is effortless, as there’s virtually no selling pressure. Moreover, Grayscale still holds over a hundred million dollars in positions, with an average cost above $3. Now is the time to enter, with prices even lower than the institutions. Are you still hesitant to enter the market? Still not willing to hold?
This time, the rise can be attributed to three reasons:
1. AI computing power has surged this year, and that power requires GPU storage.
2. This year, U.S. storage stocks have skyrocketed by 39 times; what about storage in the crypto space?
3. The underlying value is driven by computing power, and perhaps AI computing will completely ignite the crypto storage narrative. This could mean that FIL might rise even higher.
