Amazing! FIL vesting expires on October 15, cutting annualized issuance by a whopping 75%!
This isn’t just hype. The long-term lockups held by Protocol Labs and the Foundation expire this month, and once they do, new supply will drop by three-quarters. Large orders have been quietly coming in over the past few days, with net inflows exceeding $1.06 million, pushing FIL up 11.1% from its lows to $1.19. The price has broken above the upper Bollinger Band, and EMA7 > EMA25 > EMA99 are all trending upward. A supply cut is no small thing. Spot buyers can follow, but buying on a pullback around $1.10–$1.12 is safer.
API3 has also exploded, up 33%, after the launch of AirnodeHub AI—a platform that lets AI agents buy on-chain data feeds themselves, without manual integration. Net inflows are at $1.29 million, and technically, the price has broken through resistance at $0.35. But RSI-6 is already at 86, so don’t chase at these highs; wait for a pullback before taking another look.
#FilecoinEcosystem #AI narrative
This isn’t just hype. The long-term lockups held by Protocol Labs and the Foundation expire this month, and once they do, new supply will drop by three-quarters. Large orders have been quietly coming in over the past few days, with net inflows exceeding $1.06 million, pushing FIL up 11.1% from its lows to $1.19. The price has broken above the upper Bollinger Band, and EMA7 > EMA25 > EMA99 are all trending upward. A supply cut is no small thing. Spot buyers can follow, but buying on a pullback around $1.10–$1.12 is safer.
API3 has also exploded, up 33%, after the launch of AirnodeHub AI—a platform that lets AI agents buy on-chain data feeds themselves, without manual integration. Net inflows are at $1.29 million, and technically, the price has broken through resistance at $0.35. But RSI-6 is already at 86, so don’t chase at these highs; wait for a pullback before taking another look.
#FilecoinEcosystem #AI narrative