Filecoin (FIL) Historical Price and Returns 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 aim to answer 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’s how Filecoin’s price changed 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 -$135.36 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: -$52.51
• 2021: -$219.56
• 2022: -$287.36

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

In recent years, Filecoin has shown a fluctuating trend, 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: $1.46
• Highest price: $5.09
• Lowest price: $1.46
• Annual return: -71.22%

Potential returns for investors purchasing 10 Filecoin during this period:

• 2023: -$19.831
• 2024: -$41.59
• 2025-present: -$36.23

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

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