Filecoin Faces Minor Price Drop as Decentralized Storage Market Evolves

Filecoin, the decentralized storage network leveraging the Interplanetary File Storage (IPFS) protocol, has experienced a minor price drop of 5.15% in the past 24 hours, with the current trading price at $4.41. Despite this decline, Filecoin (FIL) showcases resilience with a slight decrease of 0.31% in its price over the past week.