1. The project background and investment institutions are top-notch, so they are unlikely to make risky moves.

2. With an increasing number of miners entering the market and the rising demand for FIL due to the staking requirements and gas fees for storage, the demand for FIL on the market is difficult to meet.

3. Filecoin's future is unpredictable as it is the incentive mechanism for IPFS, the underlying protocol of Web 3.0. IPFS is a recognized distributed storage technology. Filecoin's future is closely related to the future of the internet in the era of big data.

Choosing mining is the best way to accumulate FIL. When FIL's price soars in the future, the more FIL you have, the more wealth you can possess.

Filecoin is considered a promising cryptocurrency in the crypto market with unquestionable long-term value. However, it is impossible to determine how much it will increase in the future. Nevertheless, we can have a rough idea through some key time points.

October 15, 2021: After one year since the mainnet launch, with the current rate of mining power growth, the total network hash power is expected to exceed 11EB, with a total stake of around 150 million FIL. Due to the gradually declining mining efficiency, the daily production rate of the entire network may be lower than the daily stake and gas burn. Therefore, there will be a supply shortage for Filecoin, which will lead to a reassessment of its value and a surge in price. What level will the FIL price reach? 600 FIL? 800 FIL?...

Vini, the co-founder of Gemini, a world-class digital asset exchange in the United States, predicts that by the end of 2021, Filecoin will enter the top five in terms of market capitalization. Perhaps by then, we will see the result. Juan Benet, the founder of Filecoin, also boldly predicts that the FIL price will be between 600 FIL and 750 FIL by the end of this year.

April 15, 2022: This date is significant for both the FIL Protocol Lab and the participants in the FIL project. It marks the end of the first 540-day lifecycle. The expiration of staked coins will increase the circulation of Filecoin in the market. Miners will have to decide whether to continue staking and mining or sell their coins on the secondary market to cash out. This may cause fluctuations in the market at that time, but it can also be a good opportunity to enter.

As the total network hash power increases and the total stake and gas burn continue to rise while the daily production rate decreases, Filecoin's price will reach new heights. Looking back at the current price, it will still be considered low.

Therefore, it is safe to mine and hold FIL now. It is never too late to enter the market at any stage. The target price is much higher than what is currently seen. We don't have such a big picture to predict future prices. Mining, holding, and long-term holding are the way to go!

With the rapid development of AI, big data, 5G, and other high-tech advancements, once FIL is widely applied, it will bring billions of dollars in wealth. Therefore, whether mining or ecological applications, FIL offers unlimited opportunities in the next 3 to 10 years.

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