Filecoin’s price surged by 70% after it surpassed the $2 mark, reflecting a significant rally in the decentralized physical infrastructure network (DePIN) sector. The increase highlights growing investor interest and optimism within the cryptocurrency market, particularly for projects related to DePIN. Analysts suggest that this upward trend may be indicative of a broader movement towards decentralized technologies. The surge in Filecoin’s value coincides with a general rise in the DePIN sector, which has seen increased activity and investment. Investors are showing heightened confidence in Filecoin as it continues to gain traction.
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