The project has also crossed the $900,000 fundraising milestone and has raised $902,686 so far. Fundraising remains strong despite markets falling back into bearish territory.
Husky Inu (HINU) Set For Next Price Jump
The project also crossed the $900,000 milestone last week after several delays as the cryptocurrency market struggled with volatility and selling pressure in September. As a result, fundraising slowed down before picking up again after markets rebounded. Husky Inu adopted a dynamic pricing strategy during its current phase, increasing the value of the HINU token every two days. This has allowed the project to raise funds quickly while maintaining favorable pricing and empowering its growing community. Thanks to its dynamic strategy, Husky Inu has raised $902,686 so far, and remains on track to reach its stated goal of $1.2 million.
Cryptocurrency Market Back In Bearish Territory
Meanwhile, the cryptocurrency market fell back into the red, with Bitcoin (BTC), Ethereum (ETH), and other tokens registering substantial declines. BTC failed to capitalize on momentum after reclaiming $115,000 as selling pressure returned. As a result, the flagship cryptocurrency registered a dramatic decline and is currently trading around $112,750. Ethereum (ETH) has also registered a notable decline, down almost 2%, trading around $4,071. Ripple (XRP) is down 1.50%, while Dogecoin (DOGE) is down over 2%, trading around $0.202. Solana (SOL) has bucked the bearish trend, rising 3%, but Cardano (ADA) is down 1%, trading around $0.698.
Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) have also registered notable declines.