Husky Inu Presale Races Towards $750,000 Milestone

The Husky Inu Presale continued to push higher, setting its sights on the $750,000 milestone as it inches towards its target of $1.2 million. The project has garnered significant interest despite markets struggling to gain momentum as macroeconomic factors continue to bog down investor sentiment.

The crypto market is back in the red after a brief rally on Wednesday, with the market cap down over 1% to $2.77 trillion.

Markets Rally After FOMC Meeting

The crypto market rallied after the Federal Reserve announced its second monetary policy decision of 2025 after the two-day Federal Open Market Committee (FOMC) meeting. The committee voted to keep benchmark interest rates unchanged between 4.25% and 4.50%, in line with market expectations. The decision comes amid heightened stagflation risks fueled by President Donald Trumps tariff hikes. The Fed hinted it may lower the borrowing costs by half a percentage point by the end of 2025. The central bank also increased its projection for inflation and downgraded the economic growth forecast.

The crypto market saw a positive trend after the FOMC meeting as Bitcoin (BTC) rallied over 5% to reach an intraday high of $87,038 before settling at $86,875. Ethereum (ETH) and Solana (SOL) also registered substantial increases. Ripple (XRP) rose almost 10%, fueled by the announcement that the Securities and Exchange Commission (SEC) was planning to drop its case against Ripple. Crypto stocks also registered notable increases following the meeting.

Meme Coins Jump But Lose Momentum

Prominent meme coins also rallied following the FOMC meeting but lost momentum as selling pressure returned in subsequent sessions. Lets look at how the top meme coins performed this week.

Dogecoin (DOGE) Price Action

Dogecoin (DOGE) entered the weekend positively, rising over 4% and settling at $0.171. Buyers retained control on Saturday as the price rose 2.33% and settled at $0.175. However, DOGE was back in the red on Sunday, dropping 4.44% to end the weekend at $0.167. DOGE started the current week with an increase of 3.34% and settled at $0.173. The price fell back on Tuesday, falling over 3%, but recovered on Wednesday as markets rallied, rising nearly 6% and settling at $0.173. However, DOGE lost momentum on Thursday and dropped 4.46% to $0.169. The current session sees DOGE down by 1.53% and trading at $0.166.

Shiba Inu (SHIB)

Shiba Inu (SHIB) started the week in the red, dropping over 1%, slipping below the 20-day SMA, and settling at $0.0000129. The price continued to fall on Tuesday as bearish sentiment intensified, dropping over 3% to $0.0000125. SHIB recovered on Wednesday as markets rallied, rising over 3%. However, it was back in the red on Thursday, registering a marginal drop as buyers lost momentum. The current session sees SHIB down almost 3% and trading at $0.0000125.

Dogwifhat (WIF)

Unlike SHIB, Dogwifhat (WIF) started the week positively, rising almost 8% to $0.501. However, it lost momentum on Tuesday, falling over 4% and settling at $0.480. Markets rebounded on Wednesday following the FOMC meeting. As a result, WIF surged nearly 8% to reclaim $0.50 and settle at $0.517. Buyers lost momentum on Thursday as the price fell 2.23% to $0.506. The current session sees WIF down over 3% and trading at $0.490

Husky Inu (HINU)

Husky Inu is the latest meme coin to enter the market. Based on Solana, the project aims to bring token holders and supporters more utility. Husky Inu and its token HINU are attempting to establish themselves in the meme coin industry by building a solid and supportive community boasting innovative features and enhanced rewards.

The project launched the presale for the HINU token with immense success and has raised over $730,000 to date. The presale is well on course to achieve its target of $1.2M. Husky Inu has big plans in the pipeline, with an Earn App and a decentralized exchange. The Earn App will reward users with HINU tokens for interacting with the protocol and completing simple tasks like watching and sharing content. On the other hand, the decentralized exchange will facilitate decentralized trading and improve the utility and value of the HINU token.

Join The Husky Inu Presale!

Time is running out to join the Husky Inu presale. If you want to join the presale, follow the steps listed below.

Connect a Wallet - Connect your wallet using the available options. If you encounter an issue, contact Husky Inus 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 The 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.

Text source: Crypto Daily™

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