Mars Finance reports that on February 24, crypto analyst Ted Pillows posted on social media stating, “Filecoin generated only $4 in revenue yesterday, while its fully diluted valuation (FDV) is as high as $1.716 billion. The FIL token has fallen 99.8% from its all-time high, meaning that if you had invested $10,000 at that time, it would now be worth only about $20.”
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Analyst: Filecoin's revenue yesterday was only $4, which is severely disconnected from its fully diluted valuation of $17.16 billion.
Mars Finance reports that on February 24, crypto analyst Ted Pillows posted on social media stating, “Filecoin generated only $4 in revenue yesterday, while its fully diluted valuation (FDV) is as high as $1.716 billion. The FIL token has fallen 99.8% from its all-time high, meaning that if you had invested $10,000 at that time, it would now be worth only about $20.”