Crypto Market News Live Updates 22 Feb: Shared Storage protocol tokens have outperformed major cryptocurrencies!
Crypto Market News Today Live Updates and Latest News: (22 February 2023): Over the past week, the native tokens of shared storage protocols have skyrocketed, and an analyst has attributed this rise to the platforms’ increased utilization. One of the best performers has been FIL, the native utility of Filecoin, which soared from slightly over $5 one week ago to $8.10 on Tuesday, a gain of more than 62%. In the last seven days, Bitcoin (BTC) and Ethereum (ETH) have increased by 9% and 6%, respectively, outperforming expectations to achieve benchmarks of $24,026 and $1636. FIL’s increase coincides with Filecoin’s preparations for the March launch of its Filecoin Virtual Machine (FVM). It is anticipated to facilitate “new applications for smart contracts,” resulting in more utilization.
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