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Filecoin Rockets 14% Amid Crypto Rally Fueled by Middle East Ceasefire Optimism
Filecoin Rockets 14% Amid Crypto Rally Fueled by Middle East Ceasefire Optimism
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Decentralized storage token Filecoin joins the crypto bull run with double-digit gains as geopolitical tensions ease.
Why Filecoin's Pump Matters
The storage network's native token outperforms major cryptos—proving utility tokens still grab attention when risk appetite returns.
Ceasefire Effect
Middle East de-escalation triggers capital rotation into altcoins, with traders chasing higher-beta plays than Bitcoin. Filecoin's 14% surge mirrors the sector's relief rally.
Storage Wars
While Filecoin benefits from macro winds, skeptics note the project still burns through grants faster than a VC at a Web3 happy hour. But today? Let the bulls run.
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