Husky Inu AI (HINU) is set for the next price increase of its pre-launch phase. The price increase will take the value of the HINU token from $0.00025932 to $0.00026031. The project’s pre-launch phase began on April 1, 2025.
Meanwhile, Bitcoin (BTC) and the broader cryptocurrency market plunged as traders reacted to reports of President Trump nominating former Federal Reserve member Kevin Warsh to replace current Chair Jerome Powell when his term expires. Liquidations surged to a staggering $1.68 billion, with $1.57 billion in long positions. Overall. More than 270,000 traders were liquidated globally.
Husky Inu AI (HINU) Set For Move To $0.00026031
Husky Inu AI (HINU) is set for the next price increase of its pre-launch phase. The latest price increase will take the value of the HINU token from $0.00025932 to $0.00026031. The regular increases in the value of the HINU token enable the project to continue fundraising while empowering its growing community and existing token holders. The primary goal of the pre-launch phase is to secure capital, fund platform improvements, undertake market initiatives, and support broader ecosystem expansion.
The project’s official launch is on March 27, 2026. However, the team is open to moving the launch to an earlier or later date. The project 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. Fundraising has registered a substantial uptick over the past few weeks, overcoming a significant slowdown. Husky Inu AI has raised $924,405 so far, and could cross $1 million before its official launch.
Bitcoin (BTC) Plunges Towards $80,000
Bitcoin (BTC) fell to a nine-month low of $81,311 as the cryptocurrency market witnessed yet another selloff. Total liquidations surged to over $1.68 billion, with long positions accounting for $1.57 billion. According to available data, over 270,000 traders were liquidated, pushing the crypto market cap down 5% and below the $3 trillion mark. The flagship cryptocurrency shed over $10,000 in 24 hours, dropping below the crucial $85,000 support level. Analysts had flagged this level, stating that a drop below this level could lead to further downside.
Analysts believe the sudden collapse is due to reports that President Trump is considering nominating former Federal Reserve Board member Kevin Warsh to replace current Fed Chair Jerome Powell. The odds of Warsh becoming Trump’s nominee for Fed Chair jumped on prediction markets, with Polymarket odds soaring to 87%.
Geopolitical Tensions Rising
BTC is trading around a crucial support zone after plunging to a nine-month low. Trump’s potential Fed Chair nominee is not the only reason for the downturn. Tensions in the Middle East have escalated, with the US deploying another warship to the Middle East. However, President Trump has said he plans to speak with the leadership in Tehran. President Trump stated,
“We have a lot of very big, very powerful ships sailing to Iran right now, and it would be great if we didn’t have to use them.”
Additionally, President Trump signed an executive order imposing tariffs on goods from countries that sell oil to Cuba, escalating global trade tensions further.
Downturn Paints Crypto Red
The broader cryptocurrency market also registered a substantial decline over the past 24 hours, losing the $3 trillion mark. Ethereum (ETH), which traded close to $3,000 on Thursday, plummeted to a low of $2,702 on Friday as selling pressure intensified. The altcoin is currently trading around $2,734, down nearly 8% over the past 24 hours. Ripple (XRP) reported similar numbers, dropping 7% to $1.75, while Solana (SOL) is down 6.50% at $115. Popular memecoin Dogecoin (DOGE) is down over 6%, and Cardano (ADA) is down over 7% at $0.324.
Meanwhile, Chainlink (LINK) is down nearly 7%, trading around $10.81. Stellar (XLM), Litecoin (LTC), Hedera (HBAR), Toncoin (TON), and Polkadot (DOT) have also registered sharp declines over the past 24 hours.
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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.
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