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 $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Why Husky Inu ($HINU) is the Hottest Crypto Investment in 2024
Memecoins have regained their former glory as the crypto market turns green again. Husky Inu ($HINU) appears to have entered the market just at the right time and looks poised for immense future growth.
The crypto market started the week on a high, with investors witnessing a sea of green candles. Husky Inu ($HINU) looks to have joined the market at just the right time as Bitcoin ($BTC) makes a 13% recovery.
Relief as Bitcoin ($BTC) Recovers
Bitcoin’s recent recovery has propelled the alt market into the green. The world’s largest crypto by market cap gained 20% after reaching a recent low of $53,600, but a slight pullback on Tuesday brought $BTC’s recovery to 13%.
Cheers to Bitcoin for turning the crypto market green again! ?$HINU #HuskyInu pic.twitter.com/6DNKIknQpD
— Husky Inu (@huskyinureal) July 16, 2024
Bitcoin’s recovery brought joy to the memecoin market with Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPE) and Dogwifhat ($WIF), all registering double-digit gains over the seven-day charts. The uptick in the memecoin market shows how well-timed Husky Inu’s ($HINU) entry is and positions the token as one of the potentially hottest crypto investments for 2024.
Husky Inu ($HINU): Hot Ticket Item
Husky Inu ($HINU) is one of the newest players in the memecoin industry and shows immense potential. The Solana-based memecoin and best friend to Shiba Inu ($SHIB) is on a mission to conquer the industry by bringing added value and utility to its holders. The project and its native token, $HINU, are building a robust and supportive community with innovative features and enhanced rewards.
Husky Inu recently launched the presale of its $HINU token with immense success. In the first week of its presale, the project raised over $55,000.
Pepe ($PEPE) Explodes
Pepe ($PEPE) has had a very bullish week, gaining over 29% in the seven-day charts and a 22% single-day run. Pepe evolved far beyond its beginnings to become a fan favourite. $PEPE launched as a tribute to internet meme sensation Pepe the Frog and to capitalize on the popularity of established memecoins such as $SHIB and $DOGE.
Husky Inu’s Buddy: Shiba Inu ($SHIB)
Husky Inu launched as Shiba Inu’s best friend on the Solana blockchain. $SHIB also had a profitable week, gaining over 16% in the past week and over 5% over the 24-hour chart. $SHIB is a decentralized community-led project, currently the second largest memecoin by market cap after Dogecoin ($DOGE).
The OG Memecoin: Dogecoin ($DOGE)
Dogecoin ($DOGE) initially started as a joke, but there is no joke about it anymore. $DOGE is currently the largest memecoin with a market cap exceeding $18 billion. Dogecoin gained an impressive 15.75% over the past seven days and 4.8% in the past 24 hours.
$HINU Is the Hottest Memecoin
Husky Inu made a name for itself thanks to its commitment to a reliable token ecosystem it achieves through a carefully designed distribution model and capped maximum supply. Husky Inu also boasts a host of unique features, including:
- Capped 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.
- Early Investment Access: Husky Inu successfully launched the $HINU presale, allowing early backers to buy their stake for a humble $0.00007500 per token.
Buying $HINU tokens is simple! Head over now to claim your stake in 2024’s hottest crypto!
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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