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Filecoin Jumps 5% as Bullish Uptrend Takes Hold – Is This the Start of a Major Rally?

Filecoin Jumps 5% as Bullish Uptrend Takes Hold – Is This the Start of a Major Rally?

Author:
Coindesk
Published:
2025-07-14 09:05:21
18
1

Filecoin Surges 5%, Forms Distinct Uptrend

Filecoin defies the crypto doldrums with a sharp 5% surge, carving out a clear uptrend while legacy markets yawn.

Decentralized storage's dark horse wakes up

No fluke—FIL's price action shows consistent higher lows, shrugging off the 'overcrowded storage narrative' pushed by TradFi analysts who still think Dropbox is disruptive. The move comes amid whispers of enterprise adoption and a quiet exodus of speculators chasing the next memecoin.

When your chart looks better than your fundamentals

The breakout lacks an obvious catalyst—just old-fashioned capital flowing where the infrastructure actually works. Meanwhile, Wall Street's latest 'tokenized real estate' ETF bled another $200M this week. Coincidence?

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