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The Husky Inu presale continued to attract investor attention as it climbed to $734,000. The presale has been a resounding success thanks to the unprecedented interest generated by the project and is closing in on its next milestone of $750,000. It is on track to meet its stated goal of $1.2 million.
Meanwhile, Dogecoin (DOGE) and other meme coins, including Shiba Inu (SHIB) and Pepe (PEPE), rallied after a surge in market optimism fueled by the possibility of scaled-back tariffs and the Federal Reserve’s plan for two rate cuts in 2025. Meme coins are highly speculative assets and tend to react strongly to market trends, offering traders high-risk high-reward opportunities.
Top Meme Coins Rally
Dogecoin (DOGE) rallied over 7% as a relief rally pushed the largest meme coin past $0.20. The rally was driven by talks of upcoming tariffs, due on April 2, being more measured than expected. According to reports, Donald Trump’s reciprocal tariffs may be more targeted than anticipated, with some countries being exempt and existing metal levies possibly not stacking. Trump’s tariffs deeply unsettled markets in February, sending cryptocurrencies and traditional stocks plummeting. The Federal Reserve raised inflation forecasts last week and lowered growth projections due to Trump’s trade policies. However, it stated that tariff-driven inflation was temporary and projected two rate cuts in 2025, boosting risk assets.
This, along with the possibility of milder tariffs, has boosted market optimism. Meme coins are leading the rally, with DOGE up over 7%. Pepe (PEPE), Mog (MOG), Floki (FLOKI), and others are also up over 5% in the past 24 hours. Meme coins generally rise when assets like Bitcoin (BTC) and Ethereum (ETH) rise because they are highly speculative assets with heightened sensitivity to broader market trends. Retail traders often watch for meme coin rallies, chasing high-risk-high-reward opportunities that can deliver significant gains in a short amount of time. The meme coin ecosystem has registered an increase of almost 10% in the past 24 hours, according to data from CoinMarketCap.
Dogecoin (DOGE) Price Action
Dogecoin (DOGE) registered a sharp drop on Thursday after failing to move past the 20-day SMA, dropping over 4% and settling at $0.169. Price action remained bearish on Friday and Saturday as DOGE registered marginal declines and settled at $0.166. However, sentiment changed on Sunday as the price rose almost 3% and settled at $0.171. Bullish sentiment intensified on Monday as DOGE crossed the 20-day SMA, registering an increase of over 6% and settling at $0.182. Buyers retained control on Tuesday as the price rose over 5% to $0.191. The current session sees DOGE up over 5% and trading at $0.202 as buyers look to push the price beyond the 50-day SMA.
Husky Inu Presale Going Strong
With the meme coin market rallying, the Husky Inu (HINU) presale is gathering steam as it closes in on yet another milestone, the $750,000 mark. The project is well on course to meet its target of $1.2M.
Husky Inu aims to bring holders more value and utility by leveraging the power of the Solana blockchain. The project aims to build a supportive community by offering improved rewards and innovative features to disrupt the meme coin ecosystem. Husky Inu is working on several exciting features, 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.
Join The Husky Inu Presale!
With the markets rallying, now is a great time to join the Husky Inu Presale. You can join the presale by following the steps listed 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.
