The crypto markets have started the week with a stunning rally, with Bitcoin (BTC) and other cryptocurrencies registering substantial increases. BTC is up almost 4% as it looks to reclaim the elusive $90,000 mark, while Ethereum (ETH) is up nearly 5%, and has reclaimed the crucial $2,000 level. Ripple (XRP), Solana (SOL), Cardano (ADA), Chainlink (LINK), and Toncoin (TON) have also registered notable increases.
Not to be left behind, meme coins have also rallied, with Dogecoin (DOGE) up over 3%, while Shiba Inu (SHIB) is up 1.50%. Pepe (PEPE) is up over 4%, while Bonk (BONK) is up almost 7%. The rally indicates renewed interest in meme coins, which bodes well for the Husky Inu (HINU) presale as more investors look for alternative avenues to enter the market. Let’s look at the price action of top meme coins and how the Husky Inu presale has progressed.
Dogecoin (DOGE) Price Action
Dogecoin (DOGE) has registered a substantial increase since the weekend despite struggling to build momentum during the previous week. The price registered a rise of 3.34% on Monday but fell back in the red on Tuesday as selling pressure intensified. As a result, it fell to an intraday low of $0.162 before settling at $0.168. DOGE recovered on Wednesday as it rallied nearly 6% to $0.177. However, selling pressure returned on Thursday as the price plunged 4.46% and settled at $0.169. Price action remained bearish on Friday as DOGE registered a drop of almost 2%. The price registered a marginal decline on Saturday before rising nearly 3% on Sunday to settle at $0.171. The current session sees DOGE up over 3% and trading at $0.177.
Shiba Inu (SHIB) Price Action
Shiba Inu (SHIB) registered an impressive rally on Wednesday, rising over 3%, going past the 200-day SMA and settling at $0.0000129. However, it lost momentum after reaching this level and registered a marginal drop on Thursday. Bearish sentiment intensified on Friday, and SHIB dropped over 3%, slipping below the 20-day SMA and settling at $0.0000125. However, sentiment changed over the weekend, and SHIB rose 2.40% on Saturday, going past the 20-day SMA and settling at $0.0000128. Buyers retained control on Sunday as the price rose 1.25% and settled at $0.0000129. The current session sees SHIB up over 2% and trading at $0.0000134.
Dogwifhat (WIF) Price Action
Dogwifhat (WIF) has seen the most substantial rally among major meme coins, with its price rallying over 15% during the week and over 6% in the past 24 hours. WIF was struggling to move past the 20-day SMA, which acted as a dynamic resistance level. The price rallied almost 8% on Wednesday, rising to $0.517, but fell short on Thursday, dropping over 2% and settling at $0.506. Sellers retained control on Friday as the price fell almost 4%, slipping below $0.50 and settling at $0.487. However, WIF recovered over the weekend, rising over 4% on Saturday and 2.21% on Sunday and settling at $0.507. The current session sees WIF up nearly 8% as buyers look to push it past the 50-day SMA.
The Husky Inu (HINU) Presale
With markets rallying, the Husky Inu (HINU) presale has picked up steam, as it inches towards yet another milestone, the $750,000 mark. The project aims to raise $1.2M during the presale and remains well on target to achieve its goal. The project has raised $732,727 at the time of writing.
Husky Inu (HINU) is the latest meme coin to burst on the scene. The project aims to bring holders more value and utility by leveraging the power of the Solana blockchain. Husky Inu aims to build a supporting community and offer improved rewards and innovative features to disrupt the meme coin ecosystem. The project is working on exciting offerings, including an Earn App and a decentralized exchange. The Earn App will reward users for engaging with the platform and completing simple tasks like watching, liking, and sharing content. On the other hand, the decentralized exchange will facilitate decentralized trading and improve the value and utility of the HINU token.
Husky Inu is also committed to create and maintain a reliable token ecosystem through a carefully designed distribution model and a capped token supply, ensuring scarcity and value. The project also boasts a unique deflationary supply element which involves using 50% of all platform fees collected from the Husky Inu exchange and DEX to buy back and burn HINU tokens and reduce their circulating supply.
Join The Husky Inu Presale!
Husky Inu is getting closer to its presale target. You can still join the Husky Inu presale by following the steps below.
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Connect a Wallet – Connect your wallet using the available options. If you encounter an issue, contact Husky Inu’s official Telegram channel.
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Select Network – You can join the HINU presale on the Solana blockchain and purchase the token using the native currency or with BTC, ETH, BNB, LTC, DOGE, TRX, DASH, BCH, or USDT on Ethereum and Tron chains.
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Buy The Tokens – Next, specify the amount of BTC, ETH, BNB, LTC, DOGE, TRX, DASH, BCH, or USDT you wish to trade for HINU and approve the transaction to purchase the token.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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