How much can Filecoin increase after it is actually launched?

How much can Filecoin increase after it is actually launched?

Under the influence of the epidemic, all walks of life have become difficult. The lofty ambitions of the year before have all become a bubble under the influence of the epidemic. Many people were optimistic that the halving of Bitcoin in 2020 would bring a bull market. Bitcoin in 2020 seems to have played a joke on everyone. In this case, many miners put their hopes on Filecoin.


According to incomplete market statistics, there are currently at least 200-300 Filecoin mining machine sellers in China. It is estimated that the total sales of Filecoin mining machine market in the past few years is expected to exceed 20 billion yuan. This figure has exceeded the sales of many mainstream Bitcoin mining machine manufacturers in the past two years.

According to this data, Filecoin has received a lot of attention and is a well-deserved star project. Filecoin will be launched in June and July. In the early stage of launch, due to the small number of effective mining machines in the entire network, the most coins can be mined in the early stage. After we have coins, the price of the coin will determine our final income. Today, let's analyze the price of Filecoin after launch:

Filecoin conservative valuation:

According to the Filecoin token distribution mechanism, 70%, or 1.4 billion tokens, are distributed to miners. They are released linearly and halved every six years. 158.2 million tokens will be released in the first year, an average of 440,000 tokens per day.

Then a world-recognized project like this will at least be among the top 10 in the world's digital currency market capitalization. Currently, Stellar is ranked 10th with a market capitalization of 10 billion yuan. 158.4 million coins will be issued next year, so one coin will be around 63.13 yuan.

Optimistic Valuation of Filecoin

In 2018, the global storage market was 400 billion US dollars. If IPFS can occupy 10% of the market, it will be 40 billion US dollars. Divided by 158.4 million tokens, the average price of one Filecoin token is 252.525 US dollars.

If we think further, in the early stage, due to the need for mortgage and some knowledgeable people who would hoard coins, the general circulation in the market is 20% (158.4×0.2 billion pieces), which is 1265.8 US dollars per piece, which is equal to 8860.6 RMB.

We can further imagine that with the advent of 5G, the demand for human data storage will increase exponentially. By 2025, the global storage market value will reach 23 trillion US dollars. By then, HTTP will have been eliminated, and the 23 trillion will all be dominated by distributed storage. By then, among the many distributed storage projects, IPFS has the best chance of taking the lead.

Filecoin will be halved in 2026, referring to the development history of Bitcoin. Each halving has ushered in a bull market. In 2012, the halving occurred, and the BTC price increased from 2 US dollars to 1,200 US dollars in the bull market of 2013; in 2016, the halving occurred, and the BTC price increased from 650 US dollars to 19,000 US dollars in the bull market of 2017!


Today’s Filecoin is equivalent to Bitcoin in 2008. If you missed BTC, don’t miss Filecoin again! After all, how many opportunities like Bitcoin can you have in your life?


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