The crypto market has been bearish for most of the year 2022. Bitcoin and other cryptocurrencies pointed to downward pressure close to their all-time lows.

Nevertheless, many of these crypto assets are still surviving while some have gone down the drain. Dogecoin (DOGE) and Filecoin (FIL) are among the cryptocurrencies that have survived with prices going up and down.

As the year 2022 is known to be a downturn in the cycle of cryptocurrency, the next bull run is expected in 2023.

In this post, we’ll see the potential gains of Filecoin and Dogecoin in 2023. If any of these crypto assets crossed your mind you’ll be able to choose the one that suits you better. Before then, let’s know more about  DOGE and FIL.

What is Filecoin (FIL)?

Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” a peer-to-peer storage network where users pay for data storage and distribution services in $FIL.

$FIL is the Filecoin blockchain native currency that powers the entire network and all processes. Users pay for transactions in FIL tokens. Miners place FIL as collateral, guaranteeing their services.

FIL blockchain’s consensus mechanism is based on both proof-of-replication and proof-of-spacetime. FIL is attracting investors today as it allows holders to be part of its governance.

Filecoin is different from other cryptocurrencies as it leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor.



What is Dogecoin (DOGE)?

Dogecoin belongs to the category of cryptocurrencies known as meme coins. This is because it was created from being an internet meme. It was created to rival the number one crypto, bitcoin.

Dogecoin features a Shiba Inu (a breed of Japanese dog) on its logo. Dogecoin trades by the symbol DOGE and is the largest meme coin in the crypto market today.

DOGE was forked from Litecoin (LTC) in 2013 and has since become one of the most popular cryptos. Its popularity is credited to its hype on social media by influencers especially billionaire, Elon Musk, who is then called the ”Dogefather’‘.

This dog-themed crypto asset is based on the proof-of-work consensus mechanism. Like bitcoin, DOGE can be mined on a powerful computer. Dogecoin can be mined individually or by joining a mining pool.


Dog-themed Dogecoin

Filecoin vs Dogecoin- Market Worth in 2023

Filecoin (FIL) and Dogecoin (DOGE) are on the list of crypto assets that has faired better in 2022. People are looking for the opportunity to make profits going into 2023.

As of this writing, the price of DOGE is $0.084430 with a 24-hour trading volume of $3,023,305,034. Ranked 9th among thousands of cryptocurrencies, DOGE has a total market cap of over $11 billion. It has a circulating supply of 132,670,764,300 DOGE coins. Dogecoin can be purchased on crypto exchanges such as Binance, Coinbase, etc.

As for file coin (FIL), the current price is $4.43 with a 24-hour trading volume of $310,176,534. FIL is currently ranked number 33 in the list of cryptocurrencies by CoinMarketCap. It has a total market cap of $1.4 billion.  It has a circulating supply of 317,571,393 FIL coins. Binance, Deepcoin, and By bit are some of the leading exchanges to buy filecoin (FIL).

Filecoin vs Dogecoin- A Preview on Potential Gains in 2023

The crypto market is expected to surge again after the downturn of 2022. Although it is not certain the next bull run will start yet there have been positive predictions. If you buy these crypto assets today, there are potential gains for investors.

DOGE’s price prediction is based on its experience. Over time Dogecoin’s ecosystem has always been eventful. DOGE started its journey at $8.69e-05 on 6th May 2015. It has pumped by 97102.53% since then. Today, the price of DOGE is $0.084430 and is predicted to reach the $0.42 high in 2023.

The same can also be said of Filecoin; its ecosystem has been over time.  FIL started its journey at $4.08 on 10th November 2022 and has pumped by 7.84% since then. The current price is $4.43 and has the potential to reach an all-time high of $12.77 in 2023.

Where to Trade Filecoin & Dogecoin in 2023

If you’re looking for where to buy/sell DOGE and FIL, then you should choose a good exchange. There are also trading platforms to buy/sell DOGE & FIL before 2023.

If you’re in Nigeria or Ghana, the best b platform to sell DOGE is Prestmit. Here you will get the best rate for DOGE and other top crypto assets such as BTC, LTC, and USDT.


Dogecoin and Litecoin are two of the crypto assets with huge potential going into 2023. If you’re diversifying your portfolio, DOGE & FIL should be an option.

Always remember that if you are investing in crypto, you should put what you can afford to lose because the return on investment is not guaranteed.