As the cryptocurrency market remains resilient in the face of economic challenges, the innovation in decentralized finance continues to forge ahead. CartelFi, a promising new project, has successfully raised over $1.3 million in its latest funding phase, showcasing the community’s confidence in its unique offerings.
General Market Conditions for Cryptocurrencies Remain Strong
The cryptocurrency market continues to hold its ground despite recent unfavorable economic indicators from the United States. On Wednesday, the U.S. Department of Commerce reported a decrease in the country’s Gross Domestic Product (GDP) at an annualized rate of 0.3% for the first quarter of 2025. This marks the first quarter of negative growth since early 2022, an outcome attributed to an unexpected surge in imports, as businesses and consumers rushed to avoid tariffs implemented by former President Trump in early April.
Yet, the crypto space has shown resilience, with Bitcoin rebounding above $94,000 shortly after dipping to the $92,000 range on Wednesday. Ether, the second largest cryptocurrency by market cap, is also trading above $1,800, displaying a slight increase of less than 1% in the last 24 hours.
CartelFi Pre-Sale Enters the Ninth Phase
The robust performance of the market is favorable for projects in their pre-sale stages. CartelFi has emerged as a standout due to its distinctive value proposition. Having launched its pre-sale three weeks ago, it has now entered its ninth phase, accumulating over $1.3 million from investors. CartelFi is touted as the world’s first protocol enabling investors to earn significant returns on their holdings while maintaining full exposure to their appreciation potential.
Investors can acquire the $CARTFI token using various currencies, including ETH, USDT, USDC, BNB, SOL, and USD. This pre-sale presents an ideal opportunity for those looking to purchase the token at a reduced price.
CartelFi: Pioneering the DeFi Era for Memecoins
Earlier, we highlighted CartelFi’s unique value proposition. The project blends the realms of memecoins and decentralized finance (DeFi), being the first protocol to monetize memecoins without selling them. This initiative seeks to unlock the latent value of memecoins by launching products that allow investors to generate returns on their assets without undermining their potential for high returns.
According to their whitepaper, CartelFi’s primary goal is to transform memecoins into productive capital assets that yield returns for investors. With this innovation, inactive memecoins could become perpetual money-making machines.
The monetization of memecoins enables users to convert their portfolios into income streams, potentially leading to widespread adoption of the CartelFi protocol and its native token.
Why Should Developers Integrate CartelFi?
CartelFi stands to benefit developers by providing them with heightened utility and profit potential for investors, encouraging them to hold tokens for longer periods. By incentivizing longer-term staking, CartelFi aims to prevent memecoin projects from becoming irrelevant immediately after launch. Furthermore, it ensures that memecoins retain their moonshot potential while offering staking opportunities to investors, introducing a dual reward system that allows them to bet on both avenues.
CartelFi features an automatic buy-back and burn mechanism that utilizes up to 100% of fees, creating relentless upward pressure on the token’s value. Essentially, memecoins earn as CartelFi burns.
The team explained that assets on its platform will actively generate revenue, with a portion of these funds used to enhance the scarcity of the $CARTFI token. This deflationary mechanism could drive the price of $CARTFI higher amid increased adoption.
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