Husky Inu (HINU), a meme-inspired cryptocurrency, has just bumped up its price in the ongoing pre-launch phase. The token’s value increased from $0.00023567 to $0.00023658. This is part of a regular price hike strategy that started on April 1, right after the project’s presale ended.

These price increases are designed to support Husky Inu’s long-term goals. The project is using this phase to raise funds, improve its platform, increase marketing efforts, and grow its overall ecosystem. It also aims to reward early token holders and build a strong, active community.

So far, Husky Inu has raised over $905,000. However, growth has been slow, as many investors are still cautious despite some signs of market recovery. The project hit $750,000 on May 16, crossed $800,000 by mid-June, and reached $900,000 in early October.

At the same time, the overall crypto market has taken a hit. Bitcoin (BTC), which recently traded above $92,000, briefly fell below $90,000 due to a drop in AI-related stocks that impacted both the stock and crypto markets. BTC is now sitting around $90,482, down nearly 2% in the past 24 hours.

Ethereum (ETH) saw a bigger dip, dropping to $3,056 before bouncing back to $3,111 — a nearly 4% loss in one day. Other major altcoins also slipped: Solana (SOL) is down over 3% to $133, Dogecoin (DOGE) dropped 1.3% to $0.138, and Cardano (ADA) is down almost 3%. Chainlink (LINK) is slightly lower at around $13.92.

Several other cryptos like Ripple (XRP), Stellar (XLM), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) have also seen declines over the past day.

As a result, the total crypto market cap has dropped by over 2%, now sitting at approximately $3.07 trillion. However, trading volume is up by 11%, reaching $142 billion in the last 24 hours.

Husky Inu continues to push forward with its pre-launch plans despite broader market challenges, aiming to strengthen its ecosystem and bring more utility to its growing community.