Resurrected from the dead!? Or the return of the king 🔥🔥🔥

So this is the truth behind the recent surge in 2021's one of the four kings $FIL

The recent sharp increase on November 5-6 is due to multiple positive factors stacking up:
1. Technology + Ecosystem
• Version 1.5.0 upgrade imminent, FIP-0010 significantly reduces Gas fees, FIP-0007 optimizes data structures
• 100 days of FVM: over 1200 contracts, TVL +140% to 4.5 million FIL, Chain Shop launched for consumption mining

2. Partnerships + Demand
• Strategic entry by OKX + Meta Media promotes Chain Shop, targeting one million users
• Computing power increases by 15P daily, staking gap of 60,000 FIL/day, Sugon 640 cards ignite hardware boom for supernodes

3. Capital + Technical Aspects
• Net buy volume of 2.3 million USD, large holders increased holdings by 32% to 9.5 million tokens
• Fear and Greed Index from 30 to 61, RSI >50, MACD golden cross, BTC drives market recovery

4. Policies + Long-term Outlook
• China bans overseas mining hardware, domestic hardware benefits FIL
• Storage exceeds 32PB, NFT increases by 1 per second daily, Web3 demand explodes

Summary:
Short-term may see a pullback below $2, but long-term prospects remain strong with upgrades, FVM expansion, and increasing computing power. Focus on computing power, TVL, and Gas fee reductions; manage positions. 💪💪
#加密市場回調 #十二月降息預測 #抄底幣種推薦 #加密市場觀察 #現貨ETF獲批新進展 $BTC $ETH