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Husky Inu aI (HINU) At $0.00025344, Crypto Market Continues Downtrend, White House Threatens To Pull CLARITY Act

By WebDeskJanuary 17, 20264 Mins Read
Husky Inu aI (HINU) At alt=
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Husky Inu AI (HINU) has completed the latest price increase of its pre-launch phase, rising from $0.00025248 to $0.00025344. The project’s pre-launch phase began on April 1, 2025, following the conclusion of the presale. 

Meanwhile, the cryptocurrency market extended its downtrend as Bitcoin (BTC) and Ethereum (ETH) traded in bearish territory. However, altcoins, including Solana (SOL), Cardano (ADA), Litecoin (LTC), and others, bucked the bearish trend and traded in positive territory. 

Husky Inu AI (HINU) Reaches $0.00025344 

Husky Inu AI (HINU) has completed the next phase of its pre-launch phase, rising from $0.00025248 to $0.00025344. The pre-launch phase began on April 1, following the conclusion of the presale. The pre-launch allows the project to continue its fundraising efforts while empowering its growing community and existing token holders. It also helps the team to secure capital, fund platform improvements, undertake market initiatives, and support broader ecosystem expansion.

Husky Inu AI’s official launch date is now under three months away. However, the team remains open to the possibility of an earlier or later launch, depending on market conditions. The team will conduct a series of review meetings to determine the project’s launch date. The first two review meetings were held on July 1, 2025, and October 1, 2025, while the third is scheduled for January 1, 2026.

Cryptocurrency Market Continues Downtrend But Altcoins Hold Firm 

The cryptocurrency market continued its recent downtrend, falling marginally over the past 24 hours as Bitcoin (BTC) and Ethereum (ETH) traded in the red. BTC fell to a low of $94,314 on Friday but rebounded to reclaim $95,000 and move to $95,505. The flagship cryptocurrency is trading around $95,200, marginally down over the past 24 hours. Ethereum (ETH) followed a similar trajectory, dropping to a low of $3,254. However, the altcoin has been unable to reclaim $3,300 and is currently trading around $$3,294, down almost 1% over the past 24 hours. 

Ripple (XRP) has also traded in the red over the past 24 hours, down almost 1% at $2.06. Solana (SOL) is up almost 1% at $144, but Dogecoin (DOGE) is down nearly 2%, trading around $0.137. Cardano (ADA) is trading in positive territory and is up almost 1% at $0.395, while Chainlink (LINK) is down 0.62% at $13.73. Stellar (XLM) and Toncoin (TON) have also registered notable drops over the past 24 hours, while Litecoin (LTC), Hedera (HBAR), and Polkadot (DOT) have traded in positive territory. The crypto market cap dropped 0.46% to $3.22 trillion, while 24-hour trading volume fell 28% to $85.72 billion. 

White House Could Withdraw Support For CLARITY Act 

The White House has threatened to withdraw its support for the crypto market structure bill following Coinbase’s sudden withdrawal. According to Fox Business reporter Eleanor Terrett, the White House is beside itself over Coinbase’s decision to withdraw its support for the Digital Asset Market Clarity Act, calling the move a “unilateral action that blindsided the administration.” Terrett stated in a post on X, 

“The White House is said to be furious with Coinbase’s “unilateral” action on Wednesday, which it apparently was not notified of in advance, calling it a “rug pull” against the White House and the rest of the industry.”

Terrett claimed her source believes the Trump administration may fully abandon the bill unless Coinbase returns to the negotiating table and agrees to a compromise on stablecoin yield provisions that would satisfy banking interests. The source added, 

“This is President Trump’s bill at the end of the day, not Brian Armstrong’s.”

Visit the following links for more information on Husky Inu:

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.

Credit: Source link

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