Husky Inu AI (HINU) is preparing for its next scheduled price increase in its ongoing pre-launch phase. The token's value is set to rise from $0.00025441 to $0.00025539. This phase, which began on April 1, 2025, after the conclusion of the project's presale, is designed to facilitate continued fundraising, empower the community, and fund platform improvements and ecosystem expansion. The project's official launch is currently scheduled for March 27, 2026, though the team remains flexible on this date, with a series of review meetings planned, including one on January 1, 2026.
Meanwhile, the broader cryptocurrency market experienced a significant downturn. Bitcoin (BTC) fell sharply, dropping below $93,000 to trade around $92,565, a decline of nearly 3% from its weekend highs above $95,000. This triggered a wave of liquidations in the derivatives market, with over $680 million in crypto positions liquidated in the past 24 hours, approximately $600 million of which were long positions.
The sell-off dragged major altcoins lower. Ethereum (ETH) fell below $3,300 to $3,215, down 3%. Solana (SOL) dropped over 6% to $133, while Ripple (XRP) declined 4.5% to $1.96. Dogecoin (DOGE) and Cardano (ADA) were among the hardest hit, both down nearly 8%.
This market retreat follows a period of strength for spot Bitcoin ETFs, which recorded over $1.4 billion in net inflows last week, their strongest weekly performance since October 2025. Analysts like Vincent Lui, CIO at Kronos Research, noted this pointed to long-only allocators re-entering the market via regulated channels. However, analytics from Glassnode suggested the recent rally to $97,000 was driven more by derivatives flows and short liquidations than sustained spot buying, leaving the market vulnerable to a sharp reversal due to thin on-chain liquidity.
