Filecoin Price Predictions: How Much Will FIL be Worth in 2021 and Beyond?

Will Filecoin go up or crash? Read our Filecoin FIL Price Predictions 2021 – 2025

Last Updated October 20th 2021
18 Min Read

Looking for the top Filecoin price predictions for 2021 and beyond? Or have you been struggling to answer the question ‘is Filecoin a good investment?’ You’re in the right place.

We’ll be exploring what the experts have to say about Filecoin’s future performance. Find out the top Filecoin Price prediction forecast for 2021 and beyond and discover how much FIL could be worth in 2021-2025. 

After a few years on the market, the FIL token has finally gained some much-deserved recognition after it jumped from prices around $24 per token to its all-time high (ATH) of $237.24 in April 2021 — an almost ten-fold increase. But just how sustainable are Filecoin’s gains after the 2021 bull run?

At the time of writing, the Filecoin (FIL) token is worth $62.83 and has a market capitalization of $7.32B. This makes it the world’s 23rd largest cryptocurrency, a status it has only recently secured. The market-wide bull run that began in December 2020 has seen the price of most major cryptos soar, with both Bitcoin (BTC) and Ethereum (ETH) maintaining their top spots. But it’s also brought new assets into the limelight as previously overlooked altcoins have rapidly gained value. 

Filecoin is one of these altcoins. This crypto is the native token of the Filecoin network, a decentralized protocol that enables people to rent out unused storage space on their computers. The company raised a record-breaking $257 million during its initial coin offering (ICO) in August-September 2017, before launching its mainnet. (Staggeringly, $200 million of that sum was raised within the first 30 minutes.)

After Filecoin’s price doubled overnight back in February 2021, FIL prices kept rising to new ATHs, surpassing both the $100 and $200 milestones. So, what’s next for this third-generation cryptocurrency?

If you want to find out, you’re in the right place. In this article, we’ll be sharing some of the most compelling predictions for the price of FIL for 2021-2025. Whether you’re an existing investor of the Filecoin protocol or are considering adding the token to your portfolio, read on to discover what could happen to its value over the next five years.

If you want to buy Filecoin quickly and easily, with 0% commission, check out eToro Exchange!

Contents:

What is Filecoin (FIL) and How Does it Work?

Short-term Filecoin (FIL) Price Predictions: 2021

What Will Happen to the Price of Filecoin (FIL) in 2021?

Long-term Filecoin (FIL) Price Predictions: 2022-2025

What Will Happen to the Price of Filecoin (FIL) in 2022-2025?

Trading Education Filecoin Price Predictions

How Has the Price of Filecoin (FIL) Changed Over Time?

What Factors Can Affect the Price of Filecoin (FIL)?

Key Points

Filecoin Prediction FAQs 

 

What is Filecoin (FIL) and How Does it Work?

Developed by Juan Benet from Protocol Labs, Filecoin is a global decentralized storage network. The network stores data on a peer-to-peer blockchain, enabling people to share storage space on their computers. 

People who rent out their computing power are known as storage miners. There are also retrieval miners, who deliver particular files to other users who don’t have the storage space or bandwidth to retrieve them themselves. Miners add new blocks to the Filecoin blockchain by carrying out complex computer processes, otherwise known as proofs, to demonstrate their ability to store data reliably. 

Users of the network (known as clients) pay these miners a fee, with the price usually varying depending on the amount of space and bandwidth required. That’s where the FIL token comes in. The Filecoin token ‘FIL’ acts as the underlying currency of the Filecoin network. It can be used to pay for storage, retrieve data, reward miners for adding new blocks, or carry out any other transactions on the platform.

Filecoin works as an open market where clients can approach miners and miners can set their own fees. Because of this, it’s often a cheaper alternative to centralized data storage providers such as Amazon Web Services (AWS). 

Excited by Filecoin’s recent growth? Keen to answer the question ‘is Filecoin a good investment?’ You’re in the right place. We’ve explored what the experts have to say about the price of FIL in 2021 and beyond.

invest in filecoin

Short-term Filecoin (FIL) Price Predictions: 2021

Filecoin price prediction for 2021

The price of Filecoin has been shaken by high levels of volatility in 2021, particularly after it reached its current ATH in April. Before this period, FIL was relatively stagnant. With so little data to analyze it can be difficult to make accurate predictions. But if you’re wondering ‘will Filecoin go up?’ Keep reading.

Our first short-term price prediction for FIL comes from WalletInvestor. It’s safe to say the investment analysis platform is optimistic about the outlook for Filecoin, predicting that the token could be worth a maximum price of $138.660 by the end of December 2021. 

filecoin price prediction chart

As we can see, WalletInvestor believes that Filecoin will say goodbye to its high volatility levels towards the end of 2021. However, considering how much the asset has fluctuated over the year, this might be overly optimistic. This prediction suggests that its growth could be steadier for the foreseeable future.

If this forecast is correct and Filecoin reaches $138.660, it would end 2021 five times higher than when it started. While this wouldn’t be the most impressive growth rate we’ve seen in the wake of the latest market-wide bull run, it would still be excellent news for FIL investors.

WalletInvestor also predicts that Filecoin will have an average price of $85.207 by December 2021 — which is still higher than its current price of $70.57 — and a minimum potential price of $34.551.

The Economy Forecast Agency is a lot more moderate in its Filecoin price predictions for 2021. They predict that the potential lows and highs will be closer together, however, on the whole, the picture is positive for the last few months of the year.

Filecoin Price Predictions For 2021:

Month Open Low-High Close Mo,% Total,%
Oct 2021 $60.1 $59.6-$102.1 $95.4 58.7% 58.7%
Nov 2021 $95.4 $57.2-$118.4 $110.7 16.0% 84.2%
Dec 2021 $110.7 $86.5-$110.7 $93.0 -16.0% 54.7%

 

The Economy Forecast Agency’s price prediction suggests that Filecoin could continue to increase in price throughout October, November, and December, with opening prices increasing month-by-month. They predict that the highest price FIL could reach is $118.40 in November and in the same month, it could also reach its lowest price of $57.20. And finally, Fil will likely end the year at $93.00. 

If you’ve been wondering ‘what will Filecoin be worth?’ This prediction should be encouraging. Though FIL will not likely retest its current ATH again in 2021, it is regaining value after the crash that followed the 2021 bull run and is valued at a far higher price than it was at the start of the year.

Trading Beasts has delivered the most conservative price prediction so far, estimating prices that are rather close to what FIL is already valued at for the last couple of months of the year. According to its predictions, FIL could have a maximum price of $83.345, an average price of $66.676 and a minimum price of $56.675 by December 2021. If this prediction is true, FIL will only gain a maximum of around $13 before the end of the year.

Trading Beasts’ Filecoin Price Predictions In 2021:

Month Minimum Price Maximum Price Average Price Change
November 2021 $57.041 $83.883 $67.107 -7.82%
December 2021 $56.675 $83.345 $66.676 -8.41%

 

Trading Beasts doesn’t expect much in the way of variation in prices for November and December, though you will notice that the maximum, minimum and average prices all decline slightly. This could be cautiously suggesting a decline could be on the way in 2022.

Previsioni Bitcoin is far more optimistic about the price of Filecoin. Its top predictions for 2021 overshadow even those from WalletInvestor, which believed that the asset could hit $135.364 by the end of December.

filecoin price prediction chart

According to Previsioni Bitcoin, after hitting $179.55 in November, the price of Filecoin will continue to climb and will max out at $186.65 by the end of 2021.

Read Also: Is It Worth Investing In Filecoin?

What Will Happen to the Price of Filecoin (FIL) in 2021?

According to top price forecasters, the price of Filecoin (FIL) could reach anything between $34.551 and $186.65 by the end of 2021. Previsioni Bitcoin is the most optimistic about Filecoin’s price, WalletInvestor predicts a wide possibility of highs and lows, The Economy Forecast Agency estimates a moderate increase and Trading Beasts suggests there will be almost no volatility in the last few months of 2021.

Will the Price of Filecoin (FIL) Go Up in 2021?

Yes, it seems probable that the price of Filecoin will go up in 2021. Although predictions differ when it comes to FIL’s potential top price, all agree that the asset will close the year at a higher value. This suggests that its bull run isn’t over yet, despite its recent bearish trend that followed in May 2021.

Additional predictions for the price of Filecoin (FIL) in 2021 include:

  • DigitalCoin: $117.27
  • Cryptocurrency Price Prediction: $99.7229
  • Coin Price Forecast: $99.81
  • Price Prediction: $82.38
  • Coinskid: $108.30

invest in filecoin

Long-term Filecoin (FIL) Price Predictions: 2022-2025

What are crypto experts forecasting for Filecoin in 2022 and beyond? Now that we’ve seen what could happen to the price of Filecoin in 2021, let’s look ahead to 2022-2025. With the short-term predictions ranging from $34.551 to $186.65, can the long-term predictions help shed light on the most likely outcome?

DigitalCoin believes that the Filecoin token will see slow but steady growth over the next seven years (2022-2028). Although this won’t be the strong bullish trend that many investors will be hoping for after the asset’s performance at the start of 2021, it still suggests that we won’t see the value of FIL fall.

filecoin long term prediction chart

As we can see, DigitalCoin doesn’t expect much volatility for the price of Filecoin, except a dip that could take place in 2027. Instead, DigitalCoin expects the price of FIL to increase almost year-on-year.

If you’re wondering ‘what will Filecoin be worth in 2030?’ It looks like the outlook is most likely going to be positive with prices jumping from $229.63 in 2027 to $309.22 in 2028.

Digital Coin Price has listed the following Filecoin (FIL) prices for 2022-2028: 

  • 2022: $125.46
  • 2023: $150.19
  • 2024: $180.7
  • 2025: $213.7
  • 2026: $247.79
  • 2027: $229.63
  • 2028: $309.22

These predictions are far lower than those from Cryptocurrency Price Prediction. After predicting that Filecoin would hit  $99.7229 by the end of 2021, this platform believes that 2022-2025 will take the asset to new heights.

Cryptocurrency Price Prediction thinks that the price of Filecoin will be valued at $205.8565 by the end of 2022, $277.7995 by the end of 2023, and an impressive $819.1523 by the end of 2025. 

And if you’re wondering ‘will Filecoin reach $1,000?’ Cryptocurrency Price Prediction has good news — the Filecoin token could be worth $1,424.6127 by January 2030. Here’s what they expect Filecoin could be worth in 2022 and 2025.

Filecoin Price Predictions For 2022:

January 2022

$128.2151

February 2022

$142.4613

March 2022

$156.7074

April 2022

$133.9136

May 2022

$153.1459

June 2022

$156.7074

July 2022

$170.9535

August 2022

$192.3227

September 2022

$199.4458

October 2022

$210.1304

November 2022

$220.8150

December 2022

$205.8565

 

Filecoin Price Predictions For 2025:

January 2025

$470.1222

March 2025

$491.4914

April 2025

$498.6144

May 2025

$534.2297

July 2025

$641.0757

September 2025

$584.0912

October 2025

$655.3218

November 2025

$726.5525

December 2025

$819.1523

 

Impressively bullish figures. But Cryptocurrency Price Prediction doesn’t stop there. By December 2030, it expects the asset to be worth $1,780.7658 — the highest potential price we have seen so far. These bullish predictions could be an encouraging sign — however, it’s worth noting that they are likely too optimistic.

Previsioni Bitcoin, which is also known for being very bullish in its price predictions, has estimated similar figures for 2022. Like Cryptocurrency Price Prediction, it believes that $100 will be surpassed in 2022 and that FIL will be working towards solidifying its position beyond $200, reaching a high of $293.57 in May and closing the year at $198.65. Previsioni Bitcoin has also given the following prediction for the year 2023.

filecoin price prediction for 2023 chart

By the end of 2021, Previsioni Bitcoin predicted that Filecoin would be worth $186.65, so their prediction for 2023 is rather disappointing. Not only does it expect FIL to open at just $138.28, but it also expects it to struggle for the rest of the year and only reach a maximum of $185.97 by the end of 2023. This is higher than the asset’s current price but seems underwhelming when we compare it to other predictions (and its ATH of $237.24).

Thankfully, the platform does seem to suggest that this bearish period will continue. As we can see from the graph, after hitting a low of $100.82 in July 2023 an upwards trend could emerge for the rest of the year which could continue into 2024 and onwards.

Don't Miss: Could Filecoin Be A Millionaire-Maker Coin?

invest in filecoin

What Will Happen to the Price of Filecoin (FIL) in 2025?

According to the forecasts, the price of Filecoin could hit between $313.7 and $819.1523 by the end of 2025. There is less consistency between the long-term predictions than the short-term predictions, perhaps because the FIL token hasn’t been on the market for long.

Will the Price of Filecoin (FIL) Go Up in 2025?

Compared to its current price, it seems probable that the value of Filecoin will go up in 2025 but there is some disagreement over how high FIL could go. Filecoin may also experience some level of volatility — Previsioni Bitcoin believes that its price could fall throughout 2022 and 2023 before appearing to recover towards the end of 2023 and DigitalCoin expects a similar decline in 2027 before recovering in 2028.

Additional predictions for the price of Filecoin in 2022-2025 include:

Filecoin price predictions 2022:

  • Trading Beasts: $96.475
  • Previsioni Bitcoin: $296.73
  • WalletInvestor: $197.072
  • The Economy Forecast Agency: $120.8
  • Coinskid: $145.06
  • Coin Price Forecast: $145.57
  • Price Prediction: $131.26
  • Cryptoground: $117.03

Filecoin price predictions 2023:

  • Trading Beasts: $151.617
  • Previsioni Bitcoin: $185.50
  • WalletInvestor: $256.381
  • The Economy Forecast Agency: $172.4
  • Coinskid: $261.45
  • Coin Price Forecast: $210.42
  • Price Prediction: $183.04
  • Cryptoground: $157.57

Filecoin price predictions 2024:

  • Trading Beasts: $189.205
  • WalletInvestor: $312.409
  • The Economy Forecast Agency: $203.2
  • Coinskid: $341.36
  • Coin Price Forecast: $241.98
  • Price Prediction: $275.17
  • Cryptoground: $198.10

Filecoin price predictions 2025:

  • WalletInvestor: $370.553
  • The Economy Forecast Agency: $163.0
  • Coinskid: $665.24
  • Coin Price Forecast: $281.63
  • Price Prediction: $412.01
  • Cryptoground: $238.63

 

Trading Education Filecoin Price Predictions

The Filecoin price predictions we have seen so far for 2021 to 2025 offer a vast variety of opinions of where the price could go. At first glance, this could be overwhelming, but in reality, it is very useful for forming our price predictions for the years to come.

Yes, sure, some are overly bullish, some are overly bearish, and some don’t expect much volatility at all. But all in all, these different price predictions do hold some truth. At times the crypto market is incredibly volatile, as we have seen once again in 2021, but there are also times where it is very timid.

So, we’ve gathered up all the forecasts we have seen in this article to see what the top price forecasters believe will happen this decade to the price of Filecoin.

Filecoin Price Prediction 2021

In 2021, Filecoin price predictions tell us that FIL will unlikely surpass $100 and will instead close the year between $82 and $99. Bearish price predictions for Filecoin in 2021 suggest that it could struggle past $34 per coin. At the very highest, Filecoin could reach $186.65 in 2021 according to the most bullish price predictions.

Filecoin Price Prediction 2022

By 2022, price predictions tell us that Filecoin has likely smashed the $100 milestone and is working its way to $200, with prices likely hovering around $145 per FIL. At the very highest, Filecoin could be priced at $296 according to the most bullish 2022 price prediction. Some forecasters believe that FIL could still be struggling to reach $100.

Filecoin Price Prediction 2023

Expert Filecoin price predictions for 2023 appear to coalesce around three points — $151 and $157 at the lower end, $183 and $185 in the middle, and $256 and $261 at the higher end.

Filecoin Price Prediction 2024

From the top Filecoin price predictions of 2024, a high of between $312 and $341 could be possible. At the lower end, more cautious Filecoin price predictions for 2024 suggest that FIL could still be valued at around $200 (between $198 and $203).

Filecoin Price Prediction 2025

Filecoin price predictions for 2025 are vastly different with lows at $163 and highs up to $665 and $819, there is little agreement on where FIL could go. However, according to the Filecoin price predictions we have seen for 2025, it is unlikely that any price above $412 could be breached — more realistically, FIL prices will be between $230 and $280.

Filecoin Price Prediction 2027

By 2027, Filecoin price predictions imply that a high between $223.51 and $312.73 could be reached. The most bullish Filecoin price prediction for 2027 suggests that Filecoin could be worth $826.66.

Filecoin Price Prediction 2030

The top Filecoin price predictions for 2030 are extremely outlandish putting FIL between $1,780.7658 and $2,451.65 — not only surpassing $1,000, but $2,000 too! Elsewhere, more conservative 2030 FIL price predictions suggest a high of $409.48.

Conclusion: Filecoin FIL Price Prediction Forecast

The below prediction figures outline some of the Potential high and low of Filecoin FIL price prediction forecasts in 2021, 2022, 2023, 2024, and 2025 offered by technical analysts and industry experts.

Year High Low
2021 $120 $45
2022 $170 $70
2023 $255 $110
2024 $390 $170
2025 $530 $210

 

Would You Consider Buying FIL?

invest in filecoin

How Has the Price of Filecoin (FIL) Changed Over Time?

We can see how the price of Filecoin has changed over the years by looking at the price chart below, which comes from CoinMarketCap: 

filecoin price chart

Though Filecoin is generally seen as a new coin that launched a little more than a year ago (Filecoin’s mainnet was finally launched in October 2020 — three years after its ICO), the FIL token has been around and traded since December 2017 and even got some minor attention in the 2017-18 bull market. FIL even managed to reach momentary highs of $27 per coin.

However, after this period (as you can probably guess) the price of Filecoin sank like the rest of the crypto market and began to range at disappointing lows of between $2.40 and $5.60 — a huge let down following Filecoin’s ICO, where coins sold for $5 each. Though there were times where prices shot up to almost $10, the picture was bleak between much of 2018 and mid-2020.

2020 became a year of recovery for Filecoin as it gradually built up the strength to surpass $10 and then $20, and even peaking at $59 in October 2020, its ATH at the time.

After a slow start to 2021 (the FIL token was trading at between $20 and $30 until the second week of February), Filecoin eventually got caught up in the market-wide bull run. On 9th February 2021, its price shot up to $42.901698 from $24.863187 — and by the end of March, it had hit $100, another new ATH. 

Filecoin reached its current ATH of $237.24 on 1st April 2021. But unfortunately, it didn’t last as the crypto market crashed. The asset experienced high levels of volatility and slammed back down to $143.823893 just one week after its impressive ATH. By July it had staggered down to $40 per coin, but thankfully, at that point, the market again turned for the better.

Currently trading at $70.57, it’s unclear whether we’re about to jump on another bull run or enter a long period of stagnation. Thankfully, the majority of predictions suggest that Filecoin will regain value and hit a series of new ATHs over the coming years and a downturn does not look very likely.

What Factors Can Affect the Price of Filecoin (FIL)?

To make the most accurate Filecoin price predictions for 2021-2025, and ultimately answer the question ‘is Filecoin a good investment?’ It’s important to understand the different factors that can affect the price of FIL.

1. The Popularity of the Filecoin Protocol

As the demand for decentralized financial (DeFi) services such as Filecoin increases, it’s likely that the protocol will start to expand. The more Filecoin users there are, the more FIL transactions will occur. This will drive up the demand for FIL tokens, thus causing the asset’s price to increase.

2. The Number of Filecoin Tokens in Circulation

Another factor that will affect the price of Filecoin in the future is the number of tokens in circulation. The founders of the Filecoin protocol have limited the number of FIL to 2 billion tokens. This may be a lot more than Bitcoin, which is currently capped at 21 million — but as with any finite resource, it’ll eventually start to become scarce.

As the number of tokens reaches its upper limit, FIL will become a much rarer resource. The result of this is likely to be a price increase, as investors and Filecoin users alike scramble to buy before it’s too late. 

We saw this happen when Filecoin entered the market. The first Filecoin tokens were set at a value of $5 per coin, but this price increased with each subsequent investment. Because the portion of FIL that was allocated to investors was already limited, people rushed to invest in the asset before its price went through the roof. 

This is why the price of FIL rose to $62.721564 on the 15th of October 2020. This bullish blip soon settled back down to $20-$30, but it shows how investor demand can affect value.

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Step 1. Head over to eToro’s website, click ‘Join Now’, and fill out the registration form. Note that you’ll need to upload proof of ID and address — this is to prevent fraud and comply with anti-money laundering laws.

Step 2. Next, make your first-time deposit which will likely be either a minimum of $50 or $200 based on your location. However, there are several countries where the minimum deposit is significantly higher, so please check before signing up!

Step 3. Once your account has been set up, on eToro’s platform, go to ‘Trade Markets’ → ‘Crypto’ → ‘FIL Filecoin’ and choose your terms.

All done! Now you’re invested in Filecoin!

invest in filecoin

Key Points

If you remember anything from Filecoin Price Predictions: How Much Will It Be Worth In 2021 And Beyond? Make it these key points.

  • Filecoin is a global decentralized storage network that stores data on a peer-to-peer blockchain, enabling people to share storage space on their computers.
  • FIL reached its ATH of $237.24 on 1st April 2021.
  • WalletInvestor believes the token could be worth a maximum price of $138.660 by the end of December 2021.
  • The Economy Forecast Agency expects Filecoin to close December 2021 at $93.
  • Trading Beasts has predicted that Filecoin could hit a potential maximum of $83.345 in December 2021. 
  • Previsioni Bitcoin believes that Filecoin could max out at $135.364 by the end of 2021.
  • By 2025, DigitalCoin expects Filecoin to be worth $213.7.
  • Cryptocurrency Price Prediction has given the most optimistic forecast, suggesting that Filecoin will hit a price of $819.1523 by the end of 2025.
  • Previsioni Bitcoin expects a decline in 2023, starting the year at $138.28 and struggling to end the year at $185.97.
  • Factors that can affect the price of Filecoin include the popularity of the native protocol and the number of Filecoin tokens that are in circulation. 

Thinking of adding Filecoin to your portfolio? Whether you’re an avid user of the Filecoin protocol or simply want to invest in FIL, we hope that you’ve found this article helpful.

After a volatile few months for the cryptocurrency market, it’s important to keep track of cryptocurrency trends to try and answer the question ‘will the price of Filecoin go up?’

Read More: 

Top 10 Best Cryptocurrencies To Invest In For High Returns

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5 Beaten-Up Cryptocurrencies For Bargain Hunters

Filecoin Prediction FAQs 

Still have questions on Filecoin price predictions? Perhaps these frequently asked questions will help.

What Will Filecoin Be Worth In 2021?

Top price predictions suggest that the price of Filecoin could be worth anywhere between $34.551 and $186.65 by the end of 2021. Most likely though, the price of FIL will not surpass $100 and instead close 2021 between $82 and $99.

Can You Buy Filecoin?

Yes, you can buy Filecoin (FIL). The number of Filecoin tokens that are available for investors to buy is limited to 2 billion, however, there are numerous cryptocurrency exchanges where you can buy and sell this asset. Currently, there are 111,728,942 FIL in circulation.

What Is Filecoin Worth In 2025? 

In 2025, Filecoin could be worth between $230 and $819, according to the top predictions we have seen so far.

Does Filecoin Have A Future?

Yes, Filecoin looks like it has a great future ahead. As the demand for online storage space continues to grow, Filecoin will likely become highly sought-after. Furthermore, enabling users to monetize their unused storage space on their devices could prove to be popular.

On top of this, data provided by price forecasters generally appears to support the idea that Filecoin will grow in price for the next decade.

Is Filecoin Safe?

Yes, Filecoin is viewed as safe to use. According to Matt Hussey and Daniel Phillips of Decrypt, Filecoin ‘splits up data’ in a similar way to shredding it so one can put it together — only Filecoin knows how to put the pieces together when the user needs it. And so, users don’t have to worry about their data being stored on other people’s devices.

Filecoin is also viewed as safer than centralized storage services, such as iCloud and Dropbox which have been hacked. Decentralized storage networks, such as Filecoin, have not been hacked.