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- Justin Sun doubles down on ETH, reaffirming no plans to sell despite multi-month price lows and signaling continued collaboration with Ethereum developers.
- Ethereum trades at $1,602 with low momentum, but sentiment among long-term supporters remains optimistic.
- CartelFi raises $1M in presale, leading the memecoin revival with a “deflationary DeFi” model that combines staking, yield, and token burns.
Tron founder Justin Sun has once again voiced his unwavering support for Ethereum (ETH) even as the second-largest digital asset trades near multi-month lows. Sun declared that despite Ethereum’s suppressed price levels, neither he nor the Tron ecosystem has plans to reduce their ETH exposure.
“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 wrote.
His remarks come at a time when Ethereum, still reeling from its inability to sustain momentum above $4,000 in 2024, is now trading at $ 1,602.33 with a 24-hour trading volume of $ 11.78B, market cap of $ 193.40B. The ETH price increased 1.02% in the last 24 hours. The statement served as both a show of confidence and a subtle rallying cry to developers and long-term holders alike.
Sun’s long-game perspective aligns with a broader market narrative: despite headwinds, the industry continues to innovate and nowhere is that more apparent than in the explosive memecoin arena.
CartelFi Leads Meme Coin Comeback With $1M Raised
The memecoin sector, which endured a slump following President Donald Trump’s return to office earlier this year, appears to be regaining steam. Flagship tokens like Dogecoin, Shiba Inu, and Pepe have begun to stabilize, buoyed by renewed investor curiosity and community activity.
CartelFi is quickly becoming the headline act in this next chapter of meme coin evolution. Dubbed “the definitive bridge between meme coins and DeFi,” the project is attracting attention for its innovative model that fuses virality with yield-bearing functionality.
At its core, CartelFi enables users to channel their meme coin holdings into purpose-built staking and liquidity pools, transforming once-speculative tokens into income-generating assets. The project’s “deflationary DeFi” mechanism burns CARTFI tokens using protocol fees, creating a supply squeeze that early investors hope will drive price appreciation.
Since launching its presale, CartelFi has already raised over $1 million, with early backers eyeing returns upwards of 300% before the token even hits public markets.
Ethereum Slows as CartelFi Drives Next Digital Asset Trend
CartelFi’s roadmap includes three phases: Phase 1 (Q2 2025) kicks off with the presale, core protocol development, and single-asset staking. Phase 2 (Q3 2025) brings the platform launch, staking activation, and partner token onboarding. Phase 3 (Q4 2025–2026) rolls out multi-token liquidity pools, a full DeFi suite, and a major marketing push.
With meme coins becoming more than just a speculative gamble, CartelFi aims to harness their cultural momentum and turn it into tangible value for holders.
While Ethereum fights to reclaim its bullish momentum and Justin Sun signals long-term confidence, CartelFi’s disruptive entrance into Meme-Fi suggests that innovation hasn’t hit pause in the digital asset world. Instead, it may be gearing up for its next breakout.
As the market stabilizes and eyes fresh narratives, CartelFi could very well be the bridge between where meme coins have been and where they’re going next.
Related | Shiba Inu Community Burns 16 Million SHIB in One Move to Reduce Supply
