Husky Inu (HINU) has completed the latest price increase of its pre-launch phase, rising from $0.00023567 to $0.00023658. The pre-launch phase began on April 1, following the conclusion of the presale.
Meanwhile, the cryptocurrency market retreated with Bitcoin (BTC) briefly dipping below $90,000 as AI stocks declined, weighing on the stock and crypto markets.
Husky Inu (HINU) Reaches $0.00023568
Husky Inu (HINU) has completed the latest price increase of its pre-launch phase, rising from $0.00023567 to $0.00023658. The regular price increases are part of Husky Inu’s pre-launch phase, which began on April 1. These increases help the project continue fundraising, empower its community, and reward token holders. The pre-launch phase’s primary goal is to secure capital, fund platform improvements, undertake marketing initiatives, and support broader ecosystem growth.
The project has raised $905,549 so far, but fundraising remains sluggish. Despite the market recovery, investors remain wary and have adopted a wait-and-watch approach. The project crossed the $750,000 milestone on May 16 and the $800,000 milestone on June 15. The project reached the $850,000 milestone in July and crossed $900,000 in October.
Crypto Market Retreats
Meanwhile, the cryptocurrency market slipped back into the red after trading in positive territory on Friday. The decline was attributed to AI stocks coming under pressure, dragging the equity and crypto markets lower. Bitcoin (BTC), which traded above $92,000 on Friday, briefly fell below $90,000 before recovering and moving to its current level of $90,482. The flagship cryptocurrency is down nearly 2% over the past 24 hours. Ethereum (ETH) registered a substantially larger decline, falling to a low of $3,056 before moving to its current level of $3,111. The world’s second-largest cryptocurrency is down almost 4% over the past 24 hours.
However, Ripple (XRP) is marginally up, trading around $2.03. Solana (SOL) is down over 3% in the past 24 hours, trading around $133, while Dogecoin (DOGE) is down 1.30% at $0.138. Cardano (ADA) is down nearly 3% over the past 24 hours, while Chainlink (LINK) is marginally down, trading around $13.92. Stellar (XLM), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) have also registered notable declines over the past 24 hours. As a result, the crypto market cap is down over 2% at $3.07 trillion, while the 24-hour trading volume is up 11% at $142 billion.
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