Filecoin’s (FIL) Presale Made Millions, Could FIREPIN Token (FRPN) Be Next?
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With over 17,000 cryptocurrencies currently in circulation according to CoinMarketCap it can be extremely hard to find the right project to invest in. With “Experts” telling you to buy the dip or not to miss out on the next big meme coin, you may be getting overwhelmed. The truth is, there's never going to be the perfect time to invest in a coin. It is important to keep a level head in the space & not get emotional if and probably when you see a project in the red. One of the best techniques to maximise your potential for gains is to invest in presales. FIREPIN Token (FRPN) is currently in stage one of its presale and could potentially eclipse the success that Filecoin (FIL) saw when it launched in 2017.
Filecoin (FIL) is a blockchain-based, decentralised alternative to established industry giants like Google Drive and Dropbox. Investors felt Filecoin would be able to compete with these institutes, so they rushed to the presale, generating a record USD 250 million. The price of $FIL at its ICO (initial coin offering) was USD 5. $FIL was valued at USD 237 at its all-time peak in April 2021. This was a 4600% increase, demonstrating the financial advantages of buying in a cryptocurrency's presale
Filecoin intends to use the blockchain to make the most of existing storage capacity, decreasing the demand for new storage and thereby lowering the technology's environmental effect. $FIL is used to buy and sell storage, and the Filecoin project depends on its community to help it grow. Filecoin network users may earn $FIL by renting out their surplus storage to those that need it. As the whole system is decentralised, users' data
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