- The chain link price was soaked at $12.39 amid network activity and whale sales.
- Cartelfi turns meme coins into yield assets with high APY and deflation burns.
- Cartelfi’s Presale offers early investors who earn up to 300% profit.
Chain link prices have been under a lot of pressure recently, resulting in a noticeable decline in the past three weeks.
The recession raises doubts about the future of the Linc and whether it can be recovered.
Meanwhile, new players in the decentralized finance (DEFI) space, cartelfiattracting attention for its meme coins and innovative approach to yielding.
Chain Link Price Prediction
As of April 17, 2025, ChainLink had fallen sharply to $12.42.
This represents a 9.1% decline in the past month and a significant drop from its December peak of $30.86.
The recession is accompanied by a dramatic drop in active addresses, down from 9,400 in February to just 3,200. According to encrypted data.
This 66% decrease in network activity suggests a decline in user engagement.
In addition to bearish sentiment, whales’ sales activities have skyrocketed with Santiment data revealing they are dealing with holdings of 10 million to 100 million links of tokens, down 1.88% since February, indicating lack of confidence among large holders.
This sales pressure, coupled with a decrease in active addresses, created a challenging environment for ChainLink.
However, the historical chart pattern suggests that ChainLink is ready for recovery.
The token has shown resilience in the past, bouncing off a similar dip. Currently, the link is trading near a critical support level of $12.00.
Beyond this level, it can indicate a potential reversal.
Technical indicators such as Chaikin Money Flow (CMF) could pave the way for price recovery, as they suggest possible ease of sales pressure.
Additionally, the daily chart fall wedge pattern indicates a potential bull reversal if the link is able to increase trading volume and surpass the top trendline.
If this pattern is validated, ChainLink could target a 24% increase to $15.17.
However, the relative strength index (RSI) remains at a lower trend, suggesting that the bears are still in control.
If it falls below $12.00 it could drop even further, potentially testing a support level of $10.00.
Is Cartelfi a better alternative?
Amidst the uncertainty of ChainLink’s price, Cartelfi offers an attractive alternative to investors looking for growth opportunities. defi space.
Unlike ChainLink, which focuses on providing decentralized Oracle services, Cartelfi aims to revolutionize the meme coin market by turning idle meme assets into yielding equipment.
This innovative approach addresses a huge gap in the crypto market. There, memecoins have traditionally been viewed as speculative assets with limited utility.
Cartelfi’s mission is to convert Meme Coins into productive capital assets that generate yields for the holders.
Through a specialized liquidity pool tailored to Meme Token, Cartelfi is able to earn high annual yields (APY) while maintaining exposure to Meme Coin Investments’ potential upside.
This dual advantage of yield generation and capital rise makes Cartelfi a unique and attractive proposition.
Plus, Cartelfi is currently in it Pre-Sale Phase, offering early investors the opportunity to purchase CARTFI tokens at a discounted price.
The pre-sale consists of 30 stages, with prices rising by 5% at each stage.
This layered pricing model allows early adopters to potentially realize significant profits before the token is launched.
For example, buyers who enter pre-sale can earn more than 200% by the release date.
While ChainLink faces major challenges with current prices declines and declining network activity, Cartelfi offers a fresh and innovative alternative.
With a focus on turning meme coins into yield generating assets and focusing on promising advance sales opportunities, Cartelfi could surpass the link in the coming months.
Investors looking for opportunities to grow in the Defi space should consider cartelfi As a strong candidate.
This article is a collaboration between editors and partners and may contain sponsored advertising content and links. The content is not intended as financial advice and is for informational purposes only.
