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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Husky Inu (HINU) Gearing Up for Move to $0.00020688
Husky Inu (HINU) is gearing up for the latest price jump of its pre-launch phase. The price jump will result in the value of the HINU token increasing from $0.00020628 to $0.00020688. Husky Inu’s pre-launch phase officially began on April 1
The project is also closing in on the $900,000 fundraising milestone, and has raised $891,783 so far
Husky Inu (HINU) Set For Next Price Jump
Husky Inu (HINU) is gearing up for its next price increase, which is set to occur in just under ten hours, as its pre-launch phase continues. The latest price increase will see the HINU token rise from its current value of $0.00020628 to $0.00020688. The project’s regular price increases are part of its pre-launch phase, which began on April 1. The HINU token’s value was $0.00015000 at the beginning of the pre-launch phase. Since then, it has registered several price increases, utilizing a dynamic pricing system.
Husky Inu’s pre-launch phase picks up where the presale left off, helping empower the fledgling Husky Inu community and allowing the project to continue its fundraising efforts. It is the next step in the project’s roadmap, allowing it to raise capital to fund platform improvements, ongoing developments, marketing initiatives, and broader ecosystem expansion. The pre-launch phase uses a progressive token pricing strategy to reward early project backers and promote transparent growth
Fundraising Milestone
Husky Inu was widely expected to reach the $900,000 fundraising goal in August. However, the pace of fundraising has slowed down as markets face volatility and selling pressure
Husky Inu has raised $891,783 so far, thanks to a dynamic pricing strategy. Husky Inu adopted this strategy during the pre-launch phase, increasing the price 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 $886,522 so far, and could reach $900,000 before the end of the month. The project crossed the $750,000 milestone on May 16 and the $800,000 milestone on June 15. The project reached its latest milestone in record time, crossing $850,000 on July 25.
FOMC Meeting Begins
The FOMC meeting began with expectations that the Federal Reserve could announce a 25-basis-point rate cut, thanks to worsening economic data. The rate cut could be announced on Wednesday after the Fed held rates steady for five consecutive FOMC meetings. The expected rate cut comes amid an alarming deterioration in US economic data, particularly the labor market. JM Financial stated in a note,
“We believe that the Fed will prioritise addressing labour market weaknesses over the firm inflation print in the upcoming FOMC meeting. Taking cues from the sluggish labour market and the PPI reading, bond yields have already softened by 25 a 25-basis-point cut, building in rate cut expectations.”
Visit the following links for more information on Husky Inu:
Website: Husky Inu Official Website
Twitter: Husky Inu Twitter
Telegram: Husky Inu Telegram
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.