Crypto Daily
2025-12-18 12:41:53

Husky Inu (HINU) Reaches $0.00023931 As Crypto Markets Remain Under Pressure

Husky Inu (HINU) has completed the latest price increase of its pre-launch phase, rising from $0.00023840 to $0.00023931. The project’s pre-launch phase began on April 1, 2025, following the conclusion of the presale. Meanwhile, the cryptocurrency market remained under pressure as Bitcoin (BTC) struggled to push higher. The flagship cryptocurrency reached an intraday high of $90,336 on Wednesday but fell back as analysts cautioned of a deeper pullback in 2026. Husky Inu (HINU) Rises To $0.00023931 Husky Inu has completed the latest price increase of its pre-launch phase, rising from $0.00023840 to $0.00023931. The project’s pre-launch phase began following the conclusion of its presale and involves regular increases in the value of the native HINU token. The pre-launch allows the project to continue its fundraising efforts while empowering its growing community and existing token holders. It also helps the team to secure capital, fund platform improvements, undertake market initiatives, and support broader ecosystem expansion. However, the project is facing a slowdown in fundraising as the value of its native token rises. It faced a similar slowdown when nearing the $900,000 milestone thanks to a downturn in the cryptocurrency market. As a result, the project took significantly longer than expected to cross the $900,000 milestone. Husky Inu has raised $905,569 so far, and could struggle to meet its stated goal of $1.2 million as its official launch date approaches. Official Launch Date The project’s official launch date is under four months away, but the team has not ruled out moving the launch to an earlier or later date. The team will conduct a series of review meetings to determine the project’s launch date. The first two review meetings were held on July 1, 2025, and October 1, 2025, while the third is scheduled for January 1, 2026. Cryptocurrency Markets Struggling To Regain Momentum Meanwhile, the cryptocurrency market remains in the red as traders assess and position themselves for further downside risk. Bitcoin (BTC) briefly crossed the $90,000 mark but failed to sustain momentum and dropped to $86,209. The broader market rebound also fizzled out, with analysts flagging a build-up of put options, indicating market expectations of a drop below $85,000 for BTC. Bitcoin price action is currently witnessing short bounces followed by brisk selling. BTC reached an intraday high of $90,194 on Wednesday but lost momentum and dropped to a low of $85,345. The flagship cryptocurrency is marginally down over the past 24 hours, trading around $86,721. Ethereum (ETH) followed a similar trajectory as it briefly reclaimed $3,000 before plunging to a low of $2,794. The world’s second-largest cryptocurrency is down nearly 4% over the past 24 hours, trading around $2,837 as it struggles to regain momentum. Ripple (XRP) is down over 4% at $1.84, while Solana (SOL) is down 4%, trading around $122. Dogecoin (DOGE) is also trading in bearish territory at $0.125, and Cardano (ADA) is down 4.50% at $0.363. Chainlink (LINK), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) have also registered substantial declines over the past 24 hours. As a result, the crypto market cap is down 1.47%, while the 24-hour trading volume is up 17% at $116 billion. Visit the following links for more information on Husky Inu: Website: Husky Inu Official Website Twitter: Husky Inu Twitter Telegram: Husky Inu Telegram 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.

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