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Cryptocurrency News Articles

Justin Sun reaffirms commitment to Ethereum (ETH) despite price swings

Apr 19, 2025 at 11:50 am

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

Justin Sun reaffirms commitment to Ethereum (ETH) despite price swings

Tron founder Justin Sun recently reaffirmed his commitment to Ethereum (ETH), even as the top altcoin’s price swung lower.

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

Justin Sun reaffirms ETH commitment

On April 17, 2025, Sun took to X to share his bullish stance on Ethereum. Despite the current low price of ETH, 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.”

Sun’s statement comes amid Ethereum’s continuing struggles, which began after its run to $4k in 2024.

While sell-off pressure remains as ETH trades lower than $1,500, Sun is optimistic about a rebound. His emphasis on collaboration with Ethereum developers showcases a long-term vision that could boost sentiment.

Top memecoins show resilience as CartelFi enters spotlight

The memecoin sector is also showing signs of life after a rough patch. Since Donald Trump’s 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.

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

Described as “the definitive bridge between meme coins and DeFi,” CartelFi empowers users to transform their meme tokens into both speculative moonshots and lucrative cash cows. The project’s meme-centric liquidity and staking pools aim to unlock tens of billions in meme coin capital, redirecting it into the DeFi ecosystem.

What sets CartelFi apart is its “deflationary DeFi” model—protocol fees are used to burn CARTFI tokens. It’s 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?

CartelFi’s 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 platform’s 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 DeFi’s 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.

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Other articles published on May 20, 2025