Husky Inu pre-launch hits $0.00023840 as crypto market sell-off deepens​

Husky Inu pre-launch hits $0.00023840 as crypto sell-off deepens.

Husky Inu (HINU) completed its latest price increase to $0.00023840 during its pre-launch phase, which began April 1, 2025, according to project announcements.

The cryptocurrency market remained in bearish territory as major digital assets extended losses. Investors reduced exposure to risk assets ahead of key U.S. economic data releases, prompting a broad market decline, according to market data.

Husky Inu reached the new pre-launch price following the conclusion of its presale phase. The project implements regular price increases designed to support its community and reward existing token holders, according to the team.

Husky Inu Price inching towards pre-sale

The pre-launch phase aims to secure capital for platform improvements, marketing initiatives, and ecosystem development, the project stated. Fundraising has slowed considerably, according to the team. The project plans to hold review meetings to determine an official launch date. Two review meetings were held July 1, 2025 and October 1, 2025, with a third scheduled for January 1, 2026. The team has not ruled out adjusting the launch date, according to project statements.

The cryptocurrency market extended losses as investors reduced exposure to risk assets before key U.S. economic data. Most sectors faced mounting losses, with some tokens declining more than 10% over a 24-hour period, according to market data. Markets witnessed significant liquidations, with a majority being long positions. The downturn drove market sentiment into extreme fear, according to the Crypto Fear & Greed Index.

Bitcoin, which had been trading near recent highs, turned bearish as negative sentiment intensified. The cryptocurrency declined before recovering some ground but remained down on the day, according to trading data. Ethereum registered a larger decline and fell below key support levels it had previously held.

Ripple, Solana, Dogecoin, Cardano, Chainlink, Stellar, Hedera, Toncoin, Litecoin, and Polkadot also registered substantial declines over the past 24 hours, according to market data. Total market capitalization and trading volumes shifted notably, reflecting the ongoing sell-off.