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Cryptocurrencies Price Prediction: Filecoin, Floki Inu & Ethereum — Asian Wrap 18 May

Cryptocurrencies Price Prediction: Filecoin, Floki Inu & Ethereum — Asian Wrap 18 May
FXStreet TeamFXStreet TeamFXStreet

Filecoin price resilient amid SEC challenge, eyes 40% surge

Filecoin (FIL) price has survived the latest attack by the US Securities and Exchange Commission (SEC) against Digital Currency Group (DCG) subsidiary, Grayscale. In the latest update, the federal securities regulator has asked the asset manager to withdraw its FIL Trust Application.

Floki Inu price could initiate recovery to April highs on six trillion FLOKI turning profitable

Floki Inu price has been straying away from broader market cues, charting its own path without following cues from Bitcoin or Dogecoin. This fluctuation of price has left a significant portion of the supply in limbo, which, when turned into profits, could potentially push the price up.

Ethereum price eyes $2,000 despite facing trouble from multiple directions

Ethereum being the home of Decentralized Finance (DeFi), has more use cases than most of the top cryptocurrencies, including Bitcoin. Such utility also attracted flak from not just users but also regulatory bodies, resulting in the Ethereum price finding it difficult to recover. However, that is not the case this time around.

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