Husky Inu (HINU) token holders received positive news as the project concluded its latest pre-launch price increase, moving from $0.00023298 to $0.00023387. The pre-launch phase for Husky Inu commenced on April 1, 2025, following the successful completion of its presale event.
However, this positive development for HINU holders occurred against a backdrop of continued decline in the broader cryptocurrency market. Major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) were all trading in negative territory.
Husky Inu (HINU) Reaches $0.00023387
Husky Inu (HINU) has successfully completed the most recent price adjustment within its pre-launch phase, seeing its value rise from $0.000023298 to $0.0023387. The pre-launch period, which began on April 1, incorporates a dynamic pricing strategy. This approach is designed to benefit the project's community and existing HINU token holders, while simultaneously supporting ongoing fundraising initiatives. The primary objectives of this pre-launch phase include securing capital, executing marketing campaigns, investing in platform enhancements, and fostering wider ecosystem growth.
Challenges in Fundraising
Husky Inu has encountered several obstacles, and is currently experiencing a slowdown in its fundraising efforts, largely attributed to the prevailing market downturn. A similar market slowdown previously brought fundraising activities to a near standstill, as investors adopted a more cautious, wait-and-see approach. This cautious sentiment led to a protracted period for the project to surpass the $900,000 fundraising milestone, potentially impacting its long-term fundraising targets.
Despite these challenges, the project team remains optimistic about a resurgence in investor sentiment and an acceleration of fundraising as overall market conditions improve. While the official launch date is currently scheduled for March 27, 2026, the team has indicated flexibility regarding launch dates to better adapt to evolving market conditions. The team has conducted two review meetings to evaluate market conditions, with a third review session scheduled for January 1, 2026.
Cryptocurrency Market Extends Downtrend
In parallel, the cryptocurrency market has continued its downward trajectory for a second consecutive day, with the vast majority of tokens experiencing declines. Bitcoin (BTC) saw a nearly 3% decrease over the past 24 hours, losing $90,000 and trading at $89,401. Ethereum (ETH) is struggling to maintain its position above the $3,000 mark, down 4.50% and currently trading at $3,021. Ripple (XRP) has experienced a decline of almost 3%, while Solana (SOL) is down over 4%, trading around $132.
The popular memecoin Dogecoin (DOGE) has shed nearly 6% in the last 24 hours, and Cardano (ADA) is down 77% at $0.410. Chainlink (LINK) has fallen by 4.91%, and Stellar (XLM) is down over 5%, trading at approximately $0.238. Litecoin (LTC), Hedera (HBAR), Toncoin (TON), and Polkadot (DOT) have also registered significant decreases in the past 24 hours. Consequently, the total cryptocurrency market capitalization has decreased by nearly 3%, standing at $3.05 trillion.