Husky Inu (HINU) has experienced a notable price increase recently, rising from $0.00020688 to $0.00020748.
Husky Inu is also closing in on the $900,000 milestone and has raised $892,509 so far.
Husky Inu (HINU) Rises To $0.00020748
Husky Inu (HINU) has just completed the latest price jump, rising from $0.00020688 to $0.00020748. The project has seen regular price increases. It aims to empower the Husky Inu community and continue its fundraising efforts as the launch date approaches. This phase is the next step in the project’s roadmap, allowing it to raise capital to fund platform improvements, ongoing developments, marketing initiatives, and broader ecosystem expansion.
The project adopted a dynamic pricing strategy, allowing it to increase the HINU token’s value every two days. This has been instrumental in the project’s fundraising efforts, helping it cross key fundraising milestones. It has also helped Husky Inu raise funds while maintaining a favorable price for its fledgling community, rewarding early adopters of the project while promoting transparent growth.
$900,000 Milestone
The project is also closing in on the $900,000 fundraising milestone. The community expected HINU to cross $900,000 in August. However, a slowdown in funding, thanks to adverse market conditions, led to the project missing its target. The slowdown was attributed to rising volatility and selling pressure, with Bitcoin (BTC) and Ethereum (ETH) falling to multi-month lows.
Husky Inu has raised $892,509 so far thanks to a dynamic pricing strategy. Husky Inu adopted this strategy, increasing the price of the HINU token every two days. This has allowed the project to raise funds quickly while maintaining favorable pricing and empowering its growing community. Thanks to its dynamic strategy, Husky Inu has raised $885,923 so far, and could reach $900,000 before the end of the month. The project crossed the $750,000 milestone on May 16 and the $800,000 milestone on June 15. The project reached its latest milestone in record time, crossing $850,000 on July 25.
Bitcoin (BTC) Dips Below $117,000
The cryptocurrency market has registered a muted response to the Federal Reserve’s announcement of a 25 bps rate cut. Bitcoin (BTC) dipped to a low of $114,724 following the Fed’s announcement on Wednesday. However, it rebounded to reclaim $116,000 and settle at $116,484. The price rose 0.54% on Thursday to reclaim $117,000 and settle at $117,117. However, the flagship cryptocurrency is back in the red during the ongoing session, down nearly 1%, trading around $116,516.
Meanwhile, Ethereum (ETH) is down nearly 1%, while Ripple (XRP) is down almost 3%, trading around $3.04. Solana (SOL) has seen selling pressure intensify, with the price down 2%, while Dogecoin (DOGE) is down almost 3%, trading around $0.272.
