Husky Inu (HINU) has entered the next phase of its evolution, the pre-launch phase, which officially began on April 1. The new phase introduces several changes and benefits for users. The most prominent change is to the pricing of the HINU token. During the pre-launch phase, the HINU token price will increase every two days until they sell out.
The pre-launch phase is designed to empower the Husky Inu community, ensuring early project backers can benefit from favorable pricing. The HINU token price has already undergone one increase and is set to witness another price jump in 18 hours and 59 minutes.
The Pre-Launch Phase
The Husky Inu team recently announced several updates, revealing the official launch dates of the HINU token and the Earn App. According to the team, the pre-launch phase uses a progressive token pricing strategy, rewarding early adopters and project supporters while maintaining growth and transparency. With the pre-launch phase underway, the HINU token’s price will increase every two days, following a compounded growth model until the tokens are sold or it reaches its presale target. The longer the presale lasts, the higher the token price rises. The pre-launch phase ends immediately once the HINU tokens sell out.
Adverse Market Conditions
The pre-launch phase begins in extremely adverse market conditions, with major cryptocurrencies in the red. After a brief recovery on Tuesday, markets were back in bearish territory on Wednesday, with volatility also experiencing a substantial uptick. Despite bearishness, BTC has climbed above $80,000 as markets plot yet another recovery. However, the recovery’s sustainability depends on the market’s reaction to China’s announcement that it is increasing tariffs on all imported US goods to 84%. The Chinese embassy in the US announced the decision on X, stating,
“China will raise tariffs for all imported US goods from 34% to 84% on April 10.”
The move comes after the US increased tariffs on Chinese imports to 104%.
“The US increased the tariff rates to 104 percent on China, which fueled the uncertainty among the market participants, as expected. Bitcoin price slumped hard and is about to drop below $75,000 for the second time this week, raising alarms over the entire crypto market. Market sentiments become extremely fearful, hinting towards a potential bear market.”
Meme Coins Rally
Meanwhile, meme coins have rallied as market sentiment improves, with top tokens trading in positive territory over the past 24 hours, although they remain in the red over a weekly timeframe. Dogecoin (DOGE) is up almost 10%, crossing $0.150 and trading at $0.156. Meanwhile, Shiba Inu (SHIB) is up over 8% and Pepe (PEPE) is up a staggering 14%. Bonk (BONK) is up almost 13%, while Floki (FLOKI) and Dogwifhat (WIF) are up 11.97% and 11.44%.
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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