CartelFi gains as Justin Sun says he won’t sell ETH despite price
The post CartelFi gains as Justin Sun says he won’t sell ETH despite price appeared on BitcoinEthereumNews.com.
Tron founder Justin Sun says he won’t be selling Ethereum (ETH) despite the price dump CartelFi is gaining presale momentum, having raised over $1 million so far. Memecoins and DeFi focus put CartelFi in the limelight. Tron founder Justin Sun recently reaffirmed his commitment to Ethereum (ETH), even as the top altcoin’s price swung under pressure. Meanwhile, CartelFi, a new memecoin-focused project, is gaining traction with its presale, offering a fresh take on meme coin utility. With the broader crypto market showing signs of resilience, is CartelFi also worth holding? Justin Sun doubles down on ETH On April 17, 2025, Justin Sun, the founder of Tron, took to X to share his bullish stance on Ethereum. Despite Ethereum’s current low price, 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 came amid Ethereum’s continuing price struggles – which go back to the run to $4k in 2024 and the subsequent lagging since. While sell-off pressure remains as ETH trades near $1,500, Sun is confident the top altcoin will bounce. His focus on collaboration with Ethereum developers signals a long-term vision, which could boost sentiment. CartelFi gains as top memecoins eye bounce While Ethereum navigates its price challenges, 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. Amid this backdrop, CartelFi is emerging as a standout project, bridging the gap between meme coins and DeFi. Q1…
Filed under: News - @ April 19, 2025 4:07 am