Key takeaways
- CartelFi has raised over $1.3 million in its presale, with stage nine commencing today.
- The broader cryptocurrency market remains resilient, with Bitcoin staying above $94,000 despite the release of poor U.S. GDP data.
Broader crypto market conditions remain strong
The cryptocurrency market remains resilient despite poor economic data from the United States. On Wednesday, the U.S. Commerce Department reported that the country’s gross domestic product (GDP) declined at a 0.3% annualized rate in the first quarter of 2025.
This was the first quarter of negative growth since the first quarter of 2022. Analysts revealed that the decline can be attributed to the unexpected rise in imports as companies and consumers sought to get ahead of the Trump tariffs implemented in early April.
However, the crypto market remained resilient, with Bitcoin bouncing above $94k shortly after dropping to the $92k region on Wednesday. Ether, the second-largest cryptocurrency by market cap, is also trading above $1,800, up by less than 1% in the last 24 hours.
CartelFi’s presale enters stage nine
The strong market condition is a positive for projects in their presale stage. CartelFi is a new project that offers a unique value proposition to users and has achieved a significant milestone.
The presale, launched three weeks ago, has now entered its ninth stage, having raised over $1.3 million from investors. CartelFi is the world’s first protocol that empowers investors to earn excellent yields on their meme coins while keeping 100% exposure to their upside.
Investors can purchase the $CARTFI token using ETH, USDT, USDC, BNB, SOL, and the US Dollar. The presale could be the perfect opportunity to purchase this token at a discount.
Visit the CartelFi website to find out more about the presale.
CartelFi ushers in the era of DeFi in memecoins
Earlier, we highlighted that CartelFi offers a unique value proposition to users. It achieves that by merging the memecoin and DeFi ecosystems. CartelFi is the first protocol to monetise memecoins without selling.
This project aims to unlock the latent value in memecoins by launching products that enable investors to earn yields on their meme holdings without compromising their moonshot potential.
According to their whitepaper, CartelFi’s primary goal is to transform memes into productive capital assets that generate yield for investors. With CartelFi, idle memecoins will become perpetual money machines.
Monetising memecoins enables users to turn their portfolio into income streams, potentially leading to the massive adoption of the CartelFi protocol and its native token.
Why should developers integrate CartelFi?
CartelFi will be beneficial to developers because it empowers them to offer investors increased utility and earning potential. This will incentivise investors to hold tokens longer.
By holding their tokens longer via staking, CartelFi will ensure memecoin projects don’t become irrelevant immediately after they are launched. Furthermore, CartelFi ensures memecoins retain their moonshot potential while providing staking opportunities to investors. It introduces a dual-reward system that lets investors bet on both horses.
CartelFi features an automatic buyback and burn mechanism, utilising up to 100% of the fees, which creates relentless upward pressure on the token’s value. In essence, memes earn while CartelFi burns.
The team explained that assets on its platform will actively generate revenue and use part of the funds to increase the scarcity of the $CARTFI token. With this deflation feature, $CARTFI’s price could surge higher amid increased adoption.
This article is a collaboration between our Editors and our Partners, and it may contain sponsored advertising content and links. The content is not intended as financial advice and is for informational purposes only.
