Husky Inu (HINU) is set for the latest price jump in its pre-launch phase. The jump will take the HINU token price from $0.00017175 to $0.00017225. The latest price jump comes when the crypto market is surging after the Federal Reserve kept interest rates steady and President Donald Trump announced a crucial trade deal with the UK.
Husky Inu’s pre-launch phase began on April 1, introducing several changes to token pricing, which increases every two days until the target is met or the tokens sell out.
Crypto Markets Rally
The crypto markets rallied after the Federal Reserve’s Federal Open Market Committee (FOMC) kept interest rates unchanged. The committee highlighted growing unemployment and rising inflation as key factors behind its decision. The Federal Reserve must strike a delicate balance while contending with market uncertainty caused by President Trump’s tariffs and a slowing economy showing resilience (April payrolls) and weakness (GDP report). Fed Chair Jerome Powell also ruled out pre-emptive rate cuts, stating,
“It’s not a situation where we can be preemptive because we actually don’t know what the right responses to the data will be until we see more data.”
He also stated that trade negotiations with partners could impact the economic outlook.
“It seems to be we’re entering a new phase where the administration is beginning talks with a number of our important trading partners, and that has the potential to change the picture materially — or not. It’s going to be very important how that shakes out.”
President Trump Announces Trade Deal
Stocks and the crypto markets rallied after President Donald Trump announced that the US had reached a major trade deal with the UK. The crypto market surged following the announcement, shooting past the $3 trillion mark after rising over 3%. Major US indices jumped as well, with the S&P 500 opening 0.6% higher, while the Dow Jones Industrial Average gained over 200 points. Nasdaq also registered notable increases, rising 0.8%. Meanwhile, Bitcoin surged past $99,000, reaching an intraday high of $99,859 during the ongoing session before marginally declining. Analysts expect the flagship cryptocurrency to surge past the $100,000 mark if bullish sentiment persists, with the price currently at $99,700. President Trump called the deal with the UK full and comprehensive, stating,
“The agreement with the United Kingdom is a full and comprehensive one that will cement the relationship between the United States and the United Kingdom for many years to come. Because of our long-time history and allegiance together, it is a great honor to have the United Kingdom as our FIRST announcement. Many other deals, which are in serious stages of negotiation, to follow!”
Husky Inu Set For Latest Price Jump
Husky Inu’s pre-launch phase began on April 1, with the token price at $0.00015000. Since then, the token has registered several price increases, thanks to the introduction of a dynamic pricing system. The token is currently priced at $0.00017175. The next price jump will take the token price to $0.00017225. The project has raised $748,923 and is getting closer to the $750,000 milestone. Husky Inu aims to raise $1.2 million by the end of the pre-launch phase.
Visit the following links for more information on Husky Inu:
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Website: Husky Inu Official Website
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Twitter: Husky Inu Twitter
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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.
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