CartelFi gains as Justin Sun says he wont sell ETH despite price

Tron founder Justin Sun says he wont be selling Ethereum (ETH) despite the price dump
CartelFi is gaining presale momentum, having raised over $1 million so far.
Memecoins and DeFi focus put CartelFi in the limelight.

Tron founder Justin Sun recently reaffirmed his commitment to Ethereum (ETH), even as the top altcoins price swung under pressure.

Meanwhile, CartelFi, a new memecoin-focused project, is gaining traction with its presale, offering a fresh take on meme coin utility. With the broader crypto market showing signs of resilience, is CartelFi also worth holding?

Justin Sun doubles down on ETH

On April 17, 2025, Justin Sun, the founder of Tron, took to X to share his bullish stance on Ethereum. Despite Ethereums current low price, Sun stated,

ETH is currently at a low price, but we have no intention of selling our ETH holdings. Tron will continue to seek opportunities to collaborate with more Ethereum developers and build our industry together.

Suns statement came amid Ethereums continuing price struggles which go back to the run to $4k in 2024 and the subsequent lagging since.

While sell-off pressure remains as ETH trades near $1,500, Sun is confident the top altcoin will bounce. His focus on collaboration with Ethereum developers signals a long-term vision, which could boost sentiment.

CartelFi gains as top memecoins eye bounce

While Ethereum navigates its price challenges, the memecoin sector is also showing signs of life after a rough patch.

Since Donald Trumps inauguration earlier this year, many meme coins have experienced declines, reflecting broader market uncertainty. However, top meme coins like Dogecoin, Pepe, and Shiba Inu are displaying resilience, with early indicators of a potential bounce as investor interest returns.

Amid this backdrop, CartelFi is emerging as a standout project, bridging the gap between meme coins and DeFi.

Q1 has been loco.
But while the world still figures out memecoin legitimacy, we are already making moves.
We dont rely on politicians or spectacle to make moves. The cartel is creating value, extracting power, and shaping the market without waiting for permission.
CartelFi (@CartelFi_) April 17, 2025

Described as the definitive bridge between meme coins and DeFi, CartelFi allows users to turn their meme tokens into both speculative moonshots and reliable cash cows. The projects meme-centric liquidity and staking pools aim to unlock tens of billions in meme coin capital, channelling it into the DeFi ecosystem.

What sets CartelFi apart is its deflationary DeFi modelprotocol fees are used to burn CARTFI tokens. Its a novel approach that has enthusiasts excited as the presale surpasses $1 million.

Early buyers are looking at a potential 300% return in unrealised gains by the time the sale ends.

What to watch out for with CartelFi?

CartelFis roadmap offers a clear path for its growth, making it a project to watch in the coming months.

Phase 1, set for Q2 2025, includes the ongoing presale, protocol development, and the creation of single-asset staking pools, laying the foundation for its ecosystem. Phase 2, slated for Q3 2025, will see the platforms official launch, the conclusion of the CARTFI presale, and the activation of single-asset pools, alongside onboarding token partnerships.

Looking further ahead, Phase 3, spanning Q4 2025 into 2026, will bring a full feature rollout, including memecoin and stablecoin liquidity pools, a comprehensive DeFi suite, and sustained marketing efforts to drive adoption.

With its focus on merging meme coin virality with DeFis utility, CartelFi is positioning itself as a transformative force in the crypto space.

Explore more about CartelFi and its presale by visiting the official site.

The post CartelFi gains as Justin Sun says he wont sell ETH despite price appeared first on CoinJournal.

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