FIL Bleeds 2% as CoinDesk 20 Stumbles – A Dip or Disaster?

Filecoin (FIL) leads the losers' parade as the CoinDesk 20 index takes a hit. The decentralized storage token shed 2% overnight—just another Tuesday in crypto-land.

Why FIL can't catch a break

While traders were busy meme-coining, FIL quietly bled out. No flashy crashes, just steady erosion—like watching paint dry on a blockchain.

The bigger picture

Index-wide weakness suggests this isn't just a FIL problem. But let's be real—when traditional markets sneeze, crypto still catches pneumonia (despite all that 'uncorrelated asset' talk).

Silver lining?

For degenerates with diamond hands: red means discount. For everyone else? Maybe stick to that high-yield savings account earning 0.5%.

Leaders: AAVE (+3.0%) and APT (+2.2%).

Laggards: FIL (-2.0%) and XRP (-1.8%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.