In the recent bull run, cryptocurrency Filecoin has surged around 40% in a single day entering the list of top ten digital currencies in the world. Standing at a market capitalization of over $13 billion, Filecoin is now the ninth-largest cryptocurrency in the world and is now more valuable than LTC and Chainlink. Filecoin Cryptocurrency Is Now Worth More than LTC and Chainlink In accordance with the latest data released by leading data analysts and market data publishers, Filecoin is now worth more than cryptocurrencies like Litecoin(LTC), Bitcoin Cash, Chainlink, Stellar, and Theta. Talking about the recent surge in the market prices of cryptocurrency, the asset has climbed over 150% in the last week. At the time of writing this article, cryptocurrency Filecoin is being traded at a market price of $216.82, with its total market capitalization nearing $13.8 billion. This recent surge in the price of cryptocurrency is expected to be a result of an increase in demand since last month’s announcement of Grayscale. Grayscale, the largest crypto asset manager in the world, made an announcement last month revealing that it has made the latest addition to the list of its investment trusts. The latest addition was revealed to be Filecoin. Grayscale Crypto Holdings Revelations In a recent revelation from the crypto asset manager through a tweet, it was announced that the firm possesses digital assets management worth over $45.6 billion. Additionally, in accordance with the recent details published by the firm, it was noticed that the company has over $7.8 million worth of Filecoin in assets under management. Moreover, apart from the Filecoin cryptocurrency which has witnessed a huge surge in its prices this year, the firm has advanced its amass of BTC, ETH, and Lite in recent times. Talking about the investment under management in Bitcoin and Ethereum, Grayscale has around $38.6 billion worth of BTC and around $5.8 billion worth of ETH.
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