2025-4-11 13:24 |
Cryptocurrency prices were stuck on Friday as global markets responded to heightened trade tensions between the US and China. However, in this turmoil, an upcoming project has seen continued momentum. CartelFi, the new, cartel-themed yield farming protocol, has already raised over $600K within days of launching its presale.
Bitcoin, XRP, and other major cryptocurrencies were mixed on Friday as investors weighed the impact of President Donald Trump’s global tariffs and the subsequent 90-day pause on most levies.
Bitcoin hovered near the $81,000 mark. Ethereum dropped 2.6% to $1,558, while Solana and Dogecoin also posted modest losses. XRP rose 0.5% to trade just around $2.
Earlier in the week, digital assets rallied following Trump’s tariff delay, but some gains have since been pared amid renewed concerns over US-China trade tensions.
However, in this turmoil, an upcoming project has seen continued momentum.
CartelFi, the new, cartel-themed yield farming protocol, has already raised over $600K within days of launching its presale.
Crypto markets look for directionCryptocurrency prices were stuck on Friday as global markets responded to heightened trade tensions between the US and China.
Although US President Donald Trump announced a temporary suspension of some tariffs, the decision came with a steep 145% levy imposed specifically on Chinese imports.
In response, China raised its own tariffs on US goods to 125% from 84%, according to a statement from the Chinese finance ministry.
The ministry on Friday criticized the escalating tariff strategy, stating, “Even if the US continues to impose higher tariffs, it will no longer make economic sense and will become a joke in the history of the world economy.”
The renewed friction prompted investors to move toward traditional safe-haven assets.
The Swiss franc surged to a ten-year high against the US dollar, while gold reached a new peak.
CartelFi: the project grabbing the market’s attentionCartelFi is emerging as a disruptive player at the intersection of meme culture and decentralized finance, aiming to bridge the gap between the speculative nature of meme coins and the stability of yield-focused DeFi protocols.
Through specialized liquidity pools tailored for memes, CartelFi enables investors to generate yield from assets that would otherwise remain idle.
This approach allows users to maintain exposure to the high-upside potential of meme coins while earning returns typically reserved for more traditional DeFi assets.
The protocol incorporates an automatic buyback and burn mechanism, using up to 100% of collected fees to apply deflationary pressure and support long-term token value.
Positioning itself as a platform that delivers “Colombian-grade APYs,” CartelFi seeks to turn dormant meme capital into productive financial assets.
Yield farming for meme coins has historically remained out of reach, frequently discussed but never effectively implemented.
CartelFi positions itself as the first platform to offer a viable solution.
CartelFi presale gains momentumCartelFi raised $500,000 within 24 hours of launching its CARTFI token presale.
The project is structured as a 30-stage sale with each stage featuring a 5% token price increase to incentivize early participation.
The token is currently priced at around $0.029, but will soon rise to $0.0305.
Currently, the project has raised close to $700K from early investors.
According to the project, buyers entering at the first stage could see returns of over 300% by the time the token is publicly listed.
In the current market environment, projects like CartelFi may draw increased interest from investors looking for higher-yield opportunities outside of established cryptocurrencies.
Head to the CartelFi website to purchase CARTFI and learn more.
The post CartelFi presale shows strong momentum even as broader market stalls appeared first on CoinJournal.
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