The hugely successful Husky Inu presale is closing in on the $730,000 milestone, only a week after crossing $720,000. The jump comes despite subdued market conditions as investors worry about tariffs, a potential trade war, and policy uncertainty under the Trump administration. Selling pressure has seen major tokens in the red with only a few exceptions.
Bitcoin (BTC) remains marginally down, while Ethereum (ETH) struggles to reclaim $2,000. BTC and ETH also fell to multi-month lows recently before buyers stepped in to prevent a further decline. Meme coins have not fared too well either, with Dogecoin (DOGE), Shiba Inu (SHIB), Dogwifhat (WIF), Pepe (PEPE), and others trading in the red. However, despite adversity, the meme coin community has shown faith in Husky Inu, as its presale moves towards yet another milestone.
State Of The Market
The crypto market has struggled this week, with BTC, ETH, and other cryptocurrencies registering substantial declines. BTC was bearish most of last week and dipped below the 200-day SMA on Sunday as selling pressure gathered steam. Bearish sentiment peaked on Tuesday when the price dipped to a low of $76,642, raising concerns of a deeper decline. However, buyers stepped in at this level, and BTC recovered to reclaim $80,000. ETH followed a similar trajectory, with the price dipping below $2,000 on Monday and falling to a low of $1,759 on Tuesday. ETH has recovered over the past few sessions but has yet to reclaim $2,000 as it struggles to build momentum. Other tokens have followed a similar trajectory, leading to a decline in the crypto market cap by almost 1% to $2.67 trillion.
Dogecoin (DOGE) Price Action
Dogecoin (DOGE) registered a sharp decline on Sunday, ending the weekend with a drop of nearly 13% and settling at $0.167. Sellers retained control on Monday as the price fell over 8% to $0.154. Despite the bearish sentiment, DOGE recovered on Tuesday, rising over 6% to $0.164. The price continued to push higher on Wednesday, rising 5.61% and settling at $0.173. However, DOGE was back in the red on Thursday, dropping 4.96% to $0.164. The current session sees DOGE up 2.50% and trading at $0.168.
Shiba Inu (SHIB) Price Action
Shiba Inu (SHIB) price action followed a similar trajectory to DOGE, dropping nearly 8% to $0.0000116. It attempted a recovery on Monday, rising to $0.0000130 before losing momentum and falling to $0.0000114. Despite the overwhelming bearish sentiment, SHIB recovered on Tuesday, rising nearly 5% and settling at $0.0000120. Buyers retained control on Wednesday as SHIB rose 2.33% to $0.0000132. The price fell back on Thursday, dropping 2.44%. The current session sees SHIB up over 5% and trading at $0.0000126.
Husky Inu (HINU) Presale Close To Yet Another Milestone
Husky Inu (HIBU) is inching toward yet another presale milestone, as it nears the $730,000 mark, only a week after hitting $720,000. The increase comes during a testing time for the broader market and indicates the high level of interest in the project. Husky Inu remains on track to meet its presale target of $1.2 million.
The project is working on an array of features including an Earn App and a decentralized exchange. The Earn App will reward users for interacting with the project and completing simple tasks while the decentralized exchange will facilitate trading and improve utility and value for HINU token holders.
Join The Husky Inu Presale!
There is still time to join the Husky Inu Presale. All you must do is follow the steps listed below.
-
Connect a Wallet – Connect your wallet using the available options. If you encounter an issue, contact Husky Inu’s official Telegram channel.
-
Select Network – You can join the HINU presale on the Solana blockchain and purchase the token using the native currency or with BTC, ETH, BNB, LTC, DOGE, TRX, DASH, BCH, or USDT on Ethereum and Tron chains.
-
Buy Tokens – Next, specify the amount of BTC, ETH, BNB, LTC, DOGE, TRX, DASH, BCH, or USDT you wish to trade for HINU and approve the transaction to purchase the token.
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.
Crypto Daily™ – Read More