Filecoin (FIL) Historical Price and Return Analysis: Should I Buy Filecoin Now?

Abstract

This article comprehensively reviews Filecoin’s historical prices and market fluctuations since its inception, combining data from bull and bear market phases to evaluate potential returns for investors purchasing 10 FIL coins. We address the key question “Should I buy Filecoin now?” to help both newcomers and long-term investors understand market timing and growth potential.

Bull Market Start and Early Market Cycles: Historical Price Review (2017 to 2019)

Filecoin was created by Protocol Labs around 2017. According to CoinMarketCap records, its early trading price was approximately $15.

Here are Filecoin’s price changes during the initial bull market phase:

2017

• Opening price: $15.00
• Closing price: $20.47
• Highest price: $24.60
• Lowest price: $10.14
• Annual return: 36.47%

2018

• Opening price: $26.42
• Closing price: $3.72
• Highest price: $26.56
• Lowest price: $3.10
• Annual return: -85.90%

2019

• Opening price: $3.51
• Closing price: $6.44
• Highest price: $10.04
• Lowest price: $3.51
• Annual return: 83.31%

An investor who purchased 10 Filecoin during the early bull market phase in 2017 would have a potential return of -$134.41 if sold today.

Bear Market Adjustment and Mid-Term Market Cycles: Return and Risk Analysis (2020 to 2022)

During this period, Filecoin’s price experienced significant fluctuations, influenced by various market factors.

Here are the potential returns for investors who purchased 10 Filecoin during the bear market or consolidation phase:

• 2020: -$51.56
• 2021: -$218.61
• 2022: -$286.41

Recent Market Cycles: Should I Buy Filecoin Now? (2023 to present)

In recent years, Filecoin has shown both upward and downward trends, sparking discussions about whether we’ve entered a new bull market or are still in a bear phase.

2023

• Opening price: $3.45
• Closing price: $6.92
• Highest price: $8.46
• Lowest price: $3.11
• Annual return: 100.66%

2024

• Opening price: $5.62
• Closing price: $5.91
• Highest price: $10.68
• Lowest price: $3.34
• Annual return: 5.12%

2025

• Opening price: $5.09
• Closing price: $1.56
• Highest price: $5.09
• Lowest price: $1.53
• Annual return: -69.35%

Potential returns for investors purchasing 10 Filecoin during this period are as follows:

• 2023: -$18.88
• 2024: -$40.64
• 2025-present: -$35.28

Conclusion: Bull Market, Bear Market, and Investment Timing Analysis

Through the analysis of Filecoin’s historical prices and potential returns, we can observe long-term fluctuating trends. This information helps investors assess whether the current phase is still suitable for positioning and answers the key question, “Should I buy Filecoin now?”