Husky Inu AI (HINU) has executed its scheduled price increase during its ongoing pre-launch phase, with the token's value rising from $0.00026230 to $0.00026331. The project's pre-launch, which began on April 1, 2025, aims to secure capital for platform improvements, market initiatives, and ecosystem expansion ahead of its official launch, tentatively set for March 27, 2026. The team has raised $924,405 so far and is on track to potentially cross the $1 million mark. A series of review meetings are being held to finalize the launch date, with the next one scheduled for January 1, 2026.
Meanwhile, the broader cryptocurrency market is experiencing a severe downturn. Bitcoin (BTC) plunged to a low of $70,091, dangerously close to losing the $70,000 support level, and later crashed further to a multi-year low of $60,074. This sharp decline liquidated over 588,000 traders for approximately $2.7 billion, with the majority being leveraged long positions. Market analysts attribute the sell-off to stretched tech stock valuations and concerns about an artificial intelligence bubble, noting Bitcoin's failure to act as a safe-haven asset.
The market-wide rout saw total cryptocurrency market capitalization drop nearly 9% to around $2.25 trillion. Ethereum (ETH) fell over 8% to lows near $1,751, while Solana (SOL) dropped over 9% to $81. Most major altcoins, including Dogecoin (DOGE), Cardano (ADA), Chainlink (LINK), and Polkadot (DOT), recorded sharp declines. The Crypto Fear & Greed Index plummeted to 11, indicating "extreme fear" among investors.
