Husky Inu AI (HINU) is preparing for a price increase during its ongoing pre-launch phase, raising the token”s value from $0.00026230 to $0.00026331. This phase commenced on April 1, 2025, after concluding its presale. In contrast, the cryptocurrency market is witnessing intensified selling pressure, with both Bitcoin (BTC) and Ethereum (ETH) hitting multi-month lows.
Currently, BTC has dropped to a low of $70,091, putting it at risk of falling below the critical $70,000 threshold. Meanwhile, ETH has experienced a significant decline, plunging over 7% to a low of $2,078.
Husky Inu AI”s Pre-Launch Developments
The upcoming price increase for HINU is part of the project”s strategy to facilitate fundraising while benefiting its expanding community and existing token holders. The main objectives of this pre-launch phase include securing capital for platform enhancements, executing marketing initiatives, and fostering broader ecosystem growth.
The official launch date for the project is scheduled for March 27, 2026, although the team remains flexible about potentially adjusting this timeline. A series of review meetings will guide this decision, with the next meeting set for January 1, 2026, following earlier sessions held on July 1 and October 1, 2025.
Fundraising has shown a notable increase recently, recovering from a previous slowdown. As of now, Husky Inu AI has successfully raised $924,405 and could exceed $1 million before its official launch.
Bitcoin”s Market Struggles
Amid these developments, Bitcoin is grappling with significant market challenges, having nearly lost the $70,000 mark due to a broader market downturn. The overall cryptocurrency market capitalization has declined by nearly 7%, with most coins trading in bearish territory. Over the past 24 hours, BTC has fallen by almost 8%, and approximately 20% over the past week, currently sitting around $70,701.
Ethereum continues to follow this downward trend, with an 8% drop to around $2,078. Other notable cryptocurrencies, such as Ripple (XRP) and Solana (SOL), have also experienced significant losses, with XRP falling over 10% to $1.42 and SOL retreating over 8% to $90.
Additional cryptocurrencies like Dogecoin (DOGE), Cardano (ADA), Chainlink (LINK), Stellar (XLM), Litecoin (LTC), Toncoin (TON), Hedera (HBAR), and Polkadot (DOT) have also recorded sharp declines within the same period.
The prevailing negative sentiment in the market is illustrated by the Crypto Fear & Greed Index, which has fallen to 11, indicating a state of “extreme fear.” Overall, the cryptocurrency market cap is down 7% over the past 24 hours, amounting to $2.41 trillion.
For more information on Husky Inu AI, interested readers may visit the project”s official pages.
