Major crypto assets and leading meme tokens consolidated strong weekly gains while bulls seek further upside in upcoming sessions. Although most coins are trading in tight ranges, new projects such as CartelFi have maintained upward momentum.
CartelFi, a new DeFi platform, is going viral by addressing an inefficiency that meme token holders have faced for years. As prices rise, many tokens sit idle, forcing holders who want yield to sell volatile assets like DOGE and switch into stablecoins.
CartelFi, a newcomer in DeFi, tackles this problem by bringing yield farming to meme tokens. Investors can now earn meaningful passive income from their meme holdings without fully giving up price exposure to potential upside.
Dogecoin faces a key hurdle on the road to a seven-week high
This week’s crypto rebound saw a breakout of the Dogecoin price above the critical resistance zone at $0.1700. However, since meme coins are trading in a narrow range, bulls need enough momentum to clear resistance at $0.1900 to keep the uptrend intact.
In the near term, the range between $0.1609 and $0.1918 will be important to watch. If Dogecoin can decisively break out of this range, the token has a chance to retest its seven-week high at $0.2062.
CartelFi: A DeFi project turning meme tokens into yield generators
CartelFi is attracting crypto enthusiasts by offering a way to earn from meme holdings without selling them. The model proved highly popular: the presale raised over $500,000 in the first 24 hours.
In under three weeks, presale contributions climbed to more than $1.1 million. Rather than letting prized meme coins sit idle, investors can stake tokens to earn passive returns — with advertised APYs reaching up to 10,000% in certain pools — while retaining full price exposure to their assets’ upside.
CartelFi also introduced a programmed scarcity mechanism to help sustain upward momentum: up to 100% of platform fees can be used to buy and burn CARTFI tokens. This deflationary approach is intended to support long-term value retention.
Thanks to its distinctive infrastructure, CartelFi stands out as a potentially sustainable yield opportunity. Savvy investors participating in the presale could benefit before the project reaches mainstream stages in Q3. The token sale is structured in 30 phases, with the price increasing by 5% at the end of each phase.
At the current presale price of $0.037, early participants have a compelling chance to capture sizeable gains during the presale and further upside when CARTFI lists on public markets. Interested readers can purchase CartelFi through the official presale page.
Ethereum price consolidates gains as greed eases
Ethereum’s price has held comfortably above $1,700 since its bounce earlier this week. As the greed metric eased from 72 to 63, the altcoin appears to have entered a consolidation phase. While market capitalization rose 2.51% over the last 24 hours, trading volume fell by 25.19% during the same period. A decline in volume generally signals weakening demand.
In upcoming sessions, Ethereum is likely to find steady support around the middle Bollinger Band near $1,619. On the upside, bulls may push the price toward the upper Bollinger Band as they try to break resistance at $1,834. If that level is overcome, the next target would be about $1,939.