Filecoin fell below the $1.30 support level.

Decline in Filecoin

Filecoin (FIL) has experienced a decline of 4% in the last 24 hours, dropping to a level of $1.23. This drop has caused panic among investors.

Volume Increase

With the price falling below the important support level of $1.30, trading volume surged, showing an increase of 185% above the average. This significant rise in the amount traded further accentuated the impact of market fluctuations.