The Husky Inu (HINU) token price registered its latest jump, rising to $0.00015261. The token price has been rising every two days during the pre-launch phase, following a dynamic pricing strategy.
The pre-launch phase officially began on April 1, marking the start of the next phase of Husky Inu’s development and introducing several key changes.
The Pre-Launch Phase
Husky Inu’s pre-launch phase officially began on April 1, 2025, picking up where the presale left off as the project continues its fundraising efforts as the launch date draws closer. The Pre-Launch phase is the next strategic step in the Husky Inu roadmap, designed to raise additional capital to fund ongoing development, platform improvements, marketing initiatives, and broader ecosystem expansion. The new phase also welcomes new participants and contributors to the ecosystem.
With the latest price jump, Husky Inu has raised $742,586 out of its stated goal of $1.2 million.
The State Of The Market
The markets registered a notable decline after Federal Reserve Chair Jerome Powell flagged economic risks due to President Trump’s tariff policies. Markets have been uneasy in recent sessions with the S&P 500 dropping over 2% while the Dow Jones Industrial Average fell 1.7%. Meanwhile, the Nasdaq Composite dropped by around 3%, inching closer to bear market territory. Powell also flagged inflation concerns, stating that the Federal Reserve would wait for more clarity before adjusting interest rates, and warned that tariffs could lead to slower inflation and higher growth.
Additionally, Nvidia shares plunged almost 10% after the company revealed it would take a $5.5 billion charge due to export curbs imposed by the US government. The US has banned the company from exporting its H20 graphics processors to the Chinese market.
While the crypto market remains resilient, it registered a notable decline as major cryptocurrencies, including Bitcoin, dropped before staging a recovery. The crypto market cap is currently marginally down and sits at $2.65 trillion.
How Did Meme Coins Fare?
Let’s look at how the top meme coins performed over the past few days.
Dogecoin (DOGE) Price Action
Dogecoin (DOGE) has traded downwards since the weekend despite registering an increase of almost 5% on Saturday before dropping 2.87% on Sunday to end the weekend on a bearish note at $0.162. Sellers retained control on Monday as DOGE dropped almost 3%, slipping below $0.160 and settling at $0.158. The price continued to drop on Tuesday, falling 3.16% and settling at $0.153. DOGE registered a marginal recovery on Wednesday but found itself back in the red during the ongoing session, with the price down 0.39% at $0.154.
Shiba Inu (SHIB) Price Action
Shiba Inu (SHIB) started the weekend positively, registering an increase of almost 3% to $0.0000125. However, it could not move past the 20-day SMA and lost momentum on Sunday, dropping nearly 4% to $0.0000120. Selling pressure persisted on Monday as SHIB registered a marginal decline before falling almost 3% on Tuesday and settling at $0.0000116. The price recovered on Wednesday, rising over 1% to $0.0000118. However, it is back in the red during the ongoing session, down almost 1% and trading at $0.0000117.
Dogwifhat (WIF) Price Analysis
Dogwifhat (WIF) registered an impressive rally on Saturday, surging over 17% to cross the 20-day SMA and settle at $0.466. However, it lost momentum on Sunday, dropping almost 5% to $0.444. The price remained bearish on Monday, falling 3.19% to $0.430. Selling pressure intensified on Tuesday as WIF fell nearly 10%, slipping below the 20-day SMA and settling at $0.389. WIF continued to decline on Wednesday, falling almost 3%, and remains marginally down during the ongoing session.
The Husky Inu Earn App
The team also shed light on the status of the Husky Inu Earn App, set to launch on May 14, 2025. The Earn App will allow users to earn HINU tokens by completing simple tasks. These include liking, commenting, sharing, and viewing videos. Users can also create original videos. By rewarding users for their efforts, the Earn App empowers the community and contributes to the viral growth of the Husky Inu project, making it an attractive prospect for investors.
Visit the following links for more information on Husky Inu:
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Website: Husky Inu Official Website
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Twitter: Husky Inu Twitter
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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.