- The Chainlink price has dipped to $12.39 amid low network activity and whale selling.
- CartelFi turns meme coins into yield assets with high APYs and deflationary burns.
- CartelFi’s presale offers early investors up to 300% gains.
Chainlink price has been under significant pressure recently, with a notable decline over the past three weeks.
This downturn has raised questions about the future of LINK and whether it can recover.
Meanwhile, a new player in the decentralised finance (DeFi) space, CartelFi, is gaining attention with its innovative approach to meme coins and yield generation.
Chainlink price prediction
Chainlink has experienced a sharp decline in its price, dropping to $12.42 as of April 17, 2025.
This represents a 9.1% decrease in the past month and a significant fall from its December peak of $30.86.
The downturn has been accompanied by a dramatic drop in active addresses, which have fallen from 9,400 in February to just 3,200 recently, according to CryptoQuant data.
This 66% decline in network activity suggests waning user engagement.
Adding to the bearish sentiment, whale selling activity has spiked with Santiment’s data revealing that addresses holding between 10 million and 100 million LINK tokens have reduced their holdings by 1.88% since February, indicating a lack of confidence among large holders.
This selling pressure, combined with the decrease in active addresses, has created a challenging environment for Chainlink.
However, historical chart patterns suggest that Chainlink could be poised for a recovery.
The token has shown resilience in the past, bouncing back from similar dips. Currently, LINK is trading near a critical support level of $12.00.
If it holds above this level, it could signal a potential reversal.
Technical indicators, such as the Chaikin Money Flow (CMF), also hint at a possible easing of selling pressure, which could pave the way for a price recovery.
Moreover, a falling wedge pattern on the daily chart indicates a potential bullish reversal if LINK can break above the upper trendline with increased trading volume.
If this pattern is validated, Chainlink could target a 24% increase to $15.17.
However, the Relative Strength Index (RSI) remains in a downtrend, suggesting that bears still have control.
A drop below $12.00 could lead to further declines, potentially testing the $10.00 support level.
Is CartelFi a better alternative?
Amid Chainlink’s price uncertainty, CartelFi presents a compelling alternative for investors seeking high-growth opportunities in the DeFi space.
Unlike Chainlink, which focuses on providing decentralised oracle services, CartelFi aims to revolutionise the meme coin market by turning idle meme assets into yield-bearing instruments.
This innovative approach addresses a significant gap in the crypto market, where meme coins have traditionally been seen as speculative assets with limited utility.
CartelFi’s mission is to transform meme coins into productive capital assets that generate yield for their holders.
Through specialised liquidity pools tailored for meme tokens, CartelFi enables investors to earn high annual percentage yields (APYs) while retaining exposure to the potential upside of their meme coin investments.
This dual benefit of yield generation and capital appreciation makes CartelFi a unique and attractive proposition.
Additionally, CartelFi is currently in its presale phase, offering early investors the opportunity to purchase CARTFI tokens at a discounted price.
The presale is structured in 30 stages, with each stage seeing a 5% price increase.
This tiered pricing model allows early adopters to potentially realise significant gains by the time the token is launched.
For instance, buyers entering the presale now could see gains of more than 200% by the launch date.
While Chainlink faces significant challenges with its current price dip and declining network activity, CartelFi offers a fresh and innovative alternative.
With its focus on turning meme coins into yield-generating assets and a promising presale opportunity, CartelFi has the potential to outperform LINK in the coming months.
Investors looking for high-growth opportunities in the DeFi space should consider CartelFi as a strong contender.
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