Memecoin sensation, Husky Inu ($HINU), is quickly gaining traction thanks to its highly successful presale which has almost reached $444,000. The Solana blockchain based project is the newest alternative to Bitcoin ($BTC), a market leader since the last few days. Recent positive movements in the crypto and the stock market may be influenced by good economic data from China and the U.S.
According to Pauline Shangett, CMO at the ChangeNOW crypto exchange, recent Bitcoin ($BTC) movements indicate an upward trend towards the $73,000 resistance, that if broken, may trigger an accelerated rise to $80,000-$86,000. On the other hand, projects like Shiba Inu ($SHIB) continue to thrive in the $10.88 billion market cap, with a 161% rise in the past year and now part of the Solana network alongside Husky Inu ($HINU$).
Pepe ($PEPE), another meme-coin that has gained over 1442% in the past year and the third largest memecoin by market cap, is also a popular crowd favorite and gaining traction in the market. Similarly, Baby Doge Coin ($BABYDOGE) exploded 40.8% in the last month, and considering the high market cap of meme coins ($50.80B) in the last year, new altcoin players are taking advantage of these meme-coins with an attractive market trend, like Husky Inu.
