Meanwhile, Bitcoin (BTC) rose nearly 2% on Tuesday to reclaim $87,000 as the crypto market registered a marginal recovery over the past 24 hours. Investors are keeping an eye on Thursday’s inflation numbers after the US jobs report data revealed unemployment reached a four-year high in November.
Husky Inu (HINU) Set For Price Increase
Husky Inu'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.
Why Has Fundraising Slowed Down?
Husky Inu is facing an unprecedented slowdown in fundraising as the value of the HINU token rises. The project’s fundraising initially ground to a halt as it neared the $900,000 milestone, thanks to a dramatic downturn in the cryptocurrency market. While fundraising eventually picked up, the project took an eternity to cross $900,000, potentially impacting its long-term fundraising goals. Husky Inu’s fundraising remains static at $905,549, and with the launch date approaching, it could struggle to meet its stated goal of $1.2 million.
Crypto Market Still In The Doldrums
The cryptocurrency market struggled to regain momentum amid several macro warning signs after US jobs data revealed unemployment was at a four-month high. Investor attention now turns to the inflation numbers, due on Thursday. Inflation numbers are expected to provide clues on how much room the Federal Reserve has to cut interest rates in 2026.
Bitcoin (BTC) registered a sharp recovery on Tuesday, rising 1.66% to $87,854. However, it lost momentum on Wednesday as markets retreated, and is down over 1% at $86,728. Meanwhile, Ethereum (ETH) is struggling to reclaim $3,000 after spending the past 24 hours oscillating between $2,900 and $2,990. The world’s second-largest cryptocurrency is marginally down over the past 24 hours, trading around $2,935. Meanwhile, Ripple (XRP) is up over 1% as it looks to reclaim the $2 mark, while Solana (SOL) is marginally up, trading around $127. However, Cardano (ADA) is down 1.05% at $0.380, and Chainlink (LINK) is down 1.10% at $12.73.
Stellar (XLM), Hedera (HBAR), and Polkadot (DOT) have also registered notable declines over the past 24 hours. However, Litecoin (LTC) and Toncoin (TON) have bucked the bearish trend and are trading in positive territory.
