$FIL
Primary Macro Analysis
#Filecoin has been one of the most underperforming assets in the current bull market. We've traded this beast back when everyone hated the coin. Now we can discuss it again!
Throughout the year, I’ve highlighted plenty of opportunities with a 5-10x potential, and I’m now sharing what could possibly be another 5x opportunity—provided patience plays a key role in your trading regimen.
The timing of altcoins is very tricky, which is why we chose the most boring coins throughout the year. Now they are all popping left and right. You have to be one step ahead of the game and apply the same principle throughout different parts of the altseason.
While not all coins will follow to the same equation, identifying the right coin with a solid Elliott Wave structure and a strong accumulation range will consistently keep you ahead of the curve!
Blockchains like Ethereum are terrible for storing data
And no, I’m not referring to basic txn data
We’re talking about pdfs, images, & videos
This is why @Filecoin exists
And recently, Filecoin saw a major upgrade (@fvmdev)
Say hello to data programmability and compute👇
1/ Exciting news! Both @AxelarCore and @CelerNetwork are launching on #FVM!
🧵 below for what this means for the Filecoin ecosystem and beyond. Be sure to check out this recent blog highlighting cross-chain interoperability on FVM. https://t.co/AZCecfv8f6
This week’s #FVM launch will lead to more efficient ways to connect token holders with Filecoin Storage Providers through smart-contract based lending and staking solutions.
Read more in the Imaginarium deep dive or the thread below! 👇🧵
https://t.co/TfaSsx0qw7
Bringing smart contracts to Filecoin enables new uses of the blockchain.
💽 Data DAOs
🫙 Perpetual Storage
💵 Decentralized Finance (DeFi)
"In short, it turns Filecoin into a true marketplace for data storage." - @Old_Samster
https://t.co/6qxzBx7D5J
As you may know, the deployment of the Filecoin Virtual Machine (#FVM) to Filecoin mainnet is upcoming on 🥧day, March 14!
🧵 incoming – here is all you need to know about the FVM 👇
To echo the #Coundown to #FVM by @Filecoin@FilFoundation, we made a short video to walk you through the definition, practical applications, and development timeline of FVM which is about to launch on March 14. Let's get ready for unlocking boundless possibilities on #Filecoin!🚀
1/ The March 14 mainnet launch of the Filecoin Virtual Machine is quickly approaching, and there are already incredible block explorer use cases in development. 🧵👇
https://t.co/DyLlHZNcRh
1/N: Looks like the market is starting to notice $FIL/FVM. FVM is a structure upgrade to $FIL - brings smart contracts to $FIL. Won't rule out $FIL retesting its highs vs alts (>200%) post FVM. More about FVM below - author @duckie_han is from Filecoin.
https://t.co/Fdmn6wQCXV
1/x What makes Filecoin a different L1: A thread
@Filecoin will launch smart contracts in Mar'23, making it a fully-fledged L1. This is a big deal.
So what sets Filecoin apart & how can we interpret its position as it enters a seemingly “crowded" L1 space?
Let's dive deeper ⤵️
Bitcoin closed the month of January up ~40%, its best performing month in 2+ years.
It is now coming up against its 200 week moving average.
Is the bottom in?
More charts from January's edition of the Bitcoin monthly: https://t.co/MRA7bg7Zjo
🎉A big milestone achieved🎉
#ckBTC canisters installed on #ICP!
Get ready to build innovative use-cases on #Bitcoin, with the power of
⚡️Chain-Key tech,
⚡️Speed,
⚡️Scalability &
⚡️Low tx fees
on the #InternetComputer
Not only do you completely control your assets on Loopring L2...
✨you can also get paid to trade on the #DEX instead of paying fees on a #CEX
Learn how in this step by step video guide💙
➡️https://t.co/yrb6Opshyb