Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Husky Inu ($HINU) and Other Memecoins to Buy
New projects constantly emerge in the hyper-competitive crypto market, all vying for investors’ attention. The newest to launch is Husky Inu ($HINU), a Solana-based memecoin and Shiba Inu ($SHIB) has a new best friend!
Memecoins have become the topic of conversation this year thanks to their spectacular performance in the past months. New projects come to market daily, hoping to grab investor attention with their unique qualities. The latest project vying for attention is Husky Inu ($HINU), a Solana-based memecoin and new best friend to the ultra-popular Shiba Inu ($SHIB).
Let’s look at some good memecoin buys.
Husky Inu ($HINU)
Memecoins present a unique opportunity for investors to back their unrivalled profit potential. Husky Inu ($HINU) is the newest memecoin on the Solana blockchain. Husky Inu is Shiba Inu’s new best friend, and it was created to bring added value and utility to its holders. Husky Inu and its native token, $HINU, strive to bolster the memecoin sector with a supportive community, boasting innovative features and enhanced rewards.
The project has big things in the works, with plans to launch its Earn App and Decentralized Exchange. Husky Inu’s Earn App will reward users with $HINU tokens for engaging with the project and completing simple tasks such as liking, reposting, and sharing content. The project’s Decentralized Exchange will facilitate decentralized trading, thereby improving the utility and value for $HINU holders.
Shiba Inu ($SHIB)
Shiba Inu ($SHIB) has become a household name in the crypto industry, with a market cap exceeding $8.1 billion. Currently ranked as the 13th largest crypto, this token is held by millions worldwide.
SHIB is a decentralized, community-led crypto that launched in 2020. Shiba Inu’s native token $SHIB, quickly became a success, gaining value after grabbing the attention of its dedicated community of investors thanks to its charm and mentions from industry heavyweights such as Vitalik Buterin and Tesla CEO Elon Musk.
Floki Inu ($FLOKI)
Created to celebrate meme culture, Floki Inu ($FLOKI) rose in the ranks thanks to its active community and successful marketing campaigns. Floki Inu recently expanded its utility from a memecoin to a fully functional Web 3 service provider.
With its expansion, the Floki ecosystem now houses a range of Web 3 ventures, including TokenFi for NFT and asset tokenization, a P2E metaverse, a staking dApp, and a Decentralized Finance (DeFi) marketplace. $FLOKI has been down over 29% in the past week, but it managed to gain over 8% in today’s session.
Husky Inu ($HINU) Popularity
Husky Inu’s $HINU presale is going exceptionally well. The first phase sold out at record speed, and the second stage is currently underway. Since going live, the project has generated over $280,000.
$HINU’s success is propelled by its presale feedback and several factors, including:
- Capped Token Supply: The total supply of $HINU tokens is limited to 100 billion to ensure scarcity and value retention.
- Deflationary Mechanism: 50% of all Husky Inu Exchange and DEX platform fees will be used to buy back and burn $HINU tokens to reduce the circulating supply over time.
Purchasing Husky Inu tokens is very simple! Just follow Crypto Daily’s handy guide to claim your stake of $HINU today.
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.
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