Grayscale has filed six new crypto trusts in Delaware
According to the Delaware company’s filing website, the new trust company has 5 currencies in addition to Gray Chainlink (LINK) trust, namely XTZ, MANA, FIL, LPT, and BAT. Listed on the official website. Except for the date shown by FIL Trust as 2020/10/15, the rest are 2020/12/18. On January 8th, Grayscale Investment’s new CEO Michael Sonnenshein once stated that Grayscale expects to launch six new products in 2021. .
Represented by Grayscale, the world’s well-known investment institutions have officially included Filecoin as a trust product, which means that large institutions have begun to deploy Filecoin and will have a strong leading role. Other small and medium investment institutions, large investors, small and medium investors, and retail investors will follow suit. We are looking forward to the future growth of FIL coin.
Reminder: Due to the partial needs of Filecoin ecological construction, FIL currency prices will continue to fluctuate in the short-term, and Filecoin is a long-term product. Even if large institutions enter the market, it is a continuous process, and it will not necessarily increase significantly. Coin speculators who want to make short-term and short-term profits are not suitable for participating.
Digital Currency Group DCG Group (one of the eight largest investors in Filecoin's ICO in 2017) is the parent company of Grayscale. Grayscale now buys thousands of bitcoins every day and sometimes tens of thousands, which has become an investment vane.
The following is a screenshot of Filecoin's transactions on January 17th:
Filecoin price strategy analysis:
From a trading perspective, the entry of large institutions is a continuous process. It takes time to collect chips (six months to a year), and the lower the price, the better (conducive to cost). At present, 2.5% of the official hands do ecological The bargaining chip, in the active control of the market, control the price at a low position (on October 15, 2020, when the mainnet went online, the funds were pushed up to more than 200 US dollars, which shows that the funds have the strength to speculate FIL, but this is for us There is no benefit. The most direct thing is that we don’t have many coins yet. Fortunately, the official price was down the next day). This is conducive to the pledged coins needed for new growth in computing power, and it is more conducive to ecological construction and development.
To understand from another angle, it is also more conducive to large institutions to collect chips. As time progresses, Filecoin network data is enriched, such as more real and effective data, especially the ecological construction is more complete, and at that time, the official control board The bargaining chip of the company has become less, and it is impossible and unintentional to control the market anymore, and the institution’s bargaining chip has also been collected (it can be increased), and many miners and investors have enough FIL in their hands, and everything will come to pass. , Driven by many factors, the price of Filecoin has great room for imagination!