Connect with us

Hi, what are you looking for?

Business

Husky Inu AI Price Set to Rise as Bitcoin Surpasses $70,000 Mark

Husky Inu AI is poised for a price increase as Bitcoin rebounds over $70,000, signaling market recovery.

Husky Inu AI (HINU) is on track for a forthcoming price increase during its pre-launch phase, which commenced on April 1, 2025. The anticipated rise will elevate the token”s value from $0.00026331 to $0.00026431. This incremental price adjustment is essential for the project, allowing it to maintain fundraising efforts while also benefiting its expanding community and existing holders.

The pre-launch phase is strategically designed to secure necessary capital for platform enhancements, marketing initiatives, and the broader expansion of the ecosystem. Although the official launch date is set for March 27, 2026, the team remains flexible and may adjust this timeline based on a series of internal review meetings. The first two meetings took place on July 1, 2025, and October 1, 2025, with the next scheduled for January 1, 2026.

Recently, fundraising for Husky Inu AI has surged, recovering from a previous slowdown. To date, the project has raised $934,630, with expectations that it may exceed $1 million before entering the official launch phase.

In parallel, the cryptocurrency market is experiencing a notable rebound. On Friday, Bitcoin (BTC) and Ethereum (ETH), among other digital assets, have regained significant ground. Following a brief dip below $60,000, which resulted in the liquidation of $1.1 billion in BTC long positions on Thursday, investors have begun to re-enter the market to capitalize on lower price levels.

Binance”s Secure Asset Fund for Users (SAFU) made headlines by purchasing 3,600 BTC at around $250 million, averaging $65,000 per coin. This acquisition follows Binance”s announcement to convert $1 billion of SAFU reserves into Bitcoin within the next month. It appears that several crypto hedge funds are also taking advantage of the dip, with the aggregate market beta across global crypto hedge funds reaching its highest level in two years amid Bitcoin”s recent weakness.

As of late Friday, BTC saw a brief spike, crossing $71,000 to reach $71,605 before retracting to $67,629, marking over a 4% increase within 24 hours. Meanwhile, ETH has regained the $2,000 threshold, trading around $2,009 with an increase of nearly 6%. Other cryptocurrencies, including Ripple (XRP), which rose approximately 9%, and Solana (SOL), which reached $89.50 before pulling back to $85, are also witnessing significant recoveries. Notably, Dogecoin (DOGE) and Cardano (ADA) have risen nearly 6% during this market surge.

For further insights about Husky Inu AI, visit the project”s official channels.

Disclaimer: This article is provided for informational purposes only and should not be construed as financial advice.

You May Also Like

Markets

Bitcoin"s value against gold has reached a critical support level; will it bounce back?

Top Stories

BitRss provides real-time updates and curated content for the crypto community around the clock

Markets

AVAX is currently trading between $21.40 support and $23.50 resistance levels, with potential for short-term recovery.

Markets

Dogecoin"s open interest has fallen to its lowest in six months, signaling potential price volatility ahead.

Altcoins

Ripple, XRP, and the XRP Ledger are distinct entities crucial for cross-border payments.

Regulation

Finland will adopt the OECD"s Crypto-Asset Reporting Framework to enhance crypto transaction transparency by 2026.

Business

Ripple"s recent achievements spark discussions on an IPO, though the company denies any immediate plans.

Altcoins

XRP is poised to play a crucial role in a $30 trillion market for tokenized assets, reshaping finance.

Altcoins

LivLive offers a 200% bonus in its presale, making it a standout option for investors seeking affordable crypto.

Top Stories

A counterfeit Hyperliquid app has been identified, raising concerns over user scams.

Regulation

Nvidia"s stock drops sharply after the US bans AI chip sales to China, impacting growth plans.

Bitcoin

Bitcoin"s price has dropped below the critical $100,000 level, raising concerns among investors.

Copyright © 2024 COINNEWSBYTE.COM. All rights reserved. This website provides educational content, emphasizing that investing involves risks. Ensure you conduct thorough research before investing and be ready for any potential losses. For those over 18 and interested in gambling: Online gambling laws differ across countries; adhere to your local regulations. By using this site, you agree to our terms, including the presence of affiliate links that do not impact our evaluations. Cryptocurrency offers on this site are not in line with UK financial promotion regulations and are not aimed at UK consumers.