Husky Inu (HINU) is gearing up for the next price increase of its pre-launch phase, which will take the value of the HINU token from $0.00020688 to $0.00020748.
The project’s pre-launch phase commenced on April 1, following the conclusion of its presale. Meanwhile, the Federal Reserve has announced a 0.25 bps rate cut, which could act as a major bullish catalyst for risk assets.
Husky Inu (HINU) Readies For Price Jump
Husky Inu (HINU) is gearing up for its next price increase, which is set to occur in just under eleven hours, as its pre-launch phase continues. The latest price increase will see the HINU token rise from its current value of $0.00020508 to $0.00020568. The project’s regular price increases are part of its pre-launch phase, which began on April 1. The HINU token’s value was $0.00015000 at the beginning of the pre-launch phase. Since then, it has registered several price increases, utilizing a dynamic pricing system.
Husky Inu’s pre-launch phase picks up where the presale left off, helping empower the fledgling Husky Inu community and allowing the project to continue its fundraising efforts. It is the next step in the project’s roadmap, allowing it to raise capital to fund platform improvements, ongoing developments, marketing initiatives, and broader ecosystem expansion. The pre-launch phase uses a progressive token pricing strategy to reward early project backers and promote transparent growth.
Federal Reserve Announces 0.25 bps Rate Cut
Meanwhile, the Federal Reserve has cut interest rates for the first time in 2025, and left the door open for more rate cuts before the end of the year. The announcement came after the conclusion of the Federal Open Market Committee (FOMC) meeting. The rate cut takes interest rates from 4.25%–4.50% to 4.00%–4.25%. The Federal Reserve also stated that more rate cuts before the end of the year were a possibility. However, Fed Chair Jerome Powell highlighted concerns about employment and economic growth.
Interest rates have a substantial impact on asset prices. Lower interest rates reduce yield from fixed-income assets like bonds and Treasuries. However, they reduce the cost of borrowing, making risk assets like cryptocurrencies more attractive. However, with inflation levels still elevated, markets will be looking to the Fed for cues on its policy. Shawn Young, Chief Analyst at MEXC, stated,
“In a bullish scenario, a dovish Fed outlook with further expectations of rate cuts could drive flows into BTC and other blue-chip coins, pushing the BTC price towards the $120,000–$125,000 range in the weeks ahead.”
Visit the following links for more information on Husky Inu:
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.