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Filecoin Surges 2% as Bulls Hold Firm at Critical $2.38 Support

Filecoin Surges 2% as Bulls Hold Firm at Critical $2.38 Support

Author:
Coindesk
Published:
2025-07-31 12:46:26
9
1

Filecoin Jumps 2% After Defending Support at $2.38 Level

Filecoin defies gravity—for now—with a 2% bounce off a make-or-break level.

Why the $2.38 floor matters: Traders treated this zone like a meme stock's last hope, throwing bids at it like confetti at a crypto conference. And it worked—this time.

What's next: Either a springboard toward higher prices or yet another 'dead cat bounce' in the altcoin graveyard. Watch for follow-through—or lack thereof—like a hawk stalking prey.

Cynical footnote: Another day, another crypto 'rally' that wouldn't cover the gas fees on a Wall Street trader's latte.

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