Filecoin experiences 68% surge – is DePIN hype driving FIL towards $2.6?

Filecoin recently surged 68.92% to reach a high of 2.29 USD, mostly due to the growing hype around DePIN Day and strategic partnerships.

With increased trading volume at 1.56 billion USD and scheduled DePIN Day on November 18, the market is speculating if the bullish trend will continue or if profit-taking will push FIL back to 1.7 USD.