Kava Down Nearly 100% From ATH, Whilst Raboo Captivates Polkadot Investors With Its Market Leading Gains

DeFi giants Kava (KAVA) and Polkadot (DOT) have been on the bearish end of the market, and given the current sentiments, we might see that trend continuing. Kava is way off its ATH at the moment, and even DOT users are not feeling very confident about the Polkadot price predictions.

At any rate, the current market situation leaves most traders with one option, the meme sector. Among the memes, Raboo ($RABT) is proving to be a top investment choice. With its AI integration and prospects for the users, Raboo could get to the top of the meme-verse in no time at all.

Kava hits new lows

The Kava network is one of the top lending platforms in the crypto-verse, notable for its collateralized loans and stablecoins. Kava exists on the Cosmos blockchain from where it interacts with users and traders all over the crypto market at low costs and high speed.

That’s quite the list of utilities, however KAVA has been lacking in profits, at least in the past year. Kava began plummeting after April 30th 2022, down to it’s all-time lows. Traders are shocked to find the DeFi coin still trading nearly 100% below its ATH.

Now, with the downward momentum across DeFi projects, it’s not very likely that the KAVA price will overturn its bearish outlook. The token is still 35% in the red over the past month, as fresh selling pressure forced its price down even further.

Polkadot holders are losing interest in bullish traps.

Another top coin that is falling on hard times is Polkadot, as the interconnecting blockchain seems to be experiencing quite the struggle with bullish trends lately. The first quarter of 2024 saw the DOT price record profits of some sort, unimpressive but enough to satisfy its holders.

Now, they are frustrated with the recent back-and-forth between bullish predictions and bearish outcomes. The DOT price has been predicted to surge at different points this year, but nothing substantial has come out of any of the pumps. Cardano and Polkadot have partnered for a transaction bridge to bring ADA transactions into the crypto network on DOT’s blockchain.

Typically, some bullish forecasts have followed the news, but the DOT users are not too eager about it. The predictions could turn out to be all smoke and no flame, as the DOT price is trading on huge monthly losses.

Amid the chaos in the DeFi space, Raboo is one destination for Polkadot users.

Raboo tokens for top profits in 2024

Before we get down to the profits part, Raboo is offering new insights into meme creation in the crypto market. Most meme tokens have neglected quality in their meme-making process, and Raboo is not accepting it.

But how will a new coin change an entire sector? Raboo isn’t just introducing a change; the project is switching it up. Raboo will introduce a generative AI system, named Rabooscan, that will scan social media platforms for memes using specific criteria. Rabooscan will then use these to create fresh and funny memes that’ll be released and circulate the social media world. Also unlike any other meme token, Raboo will be rewarding its users for contributing to its memes. You don’t have to wait for the presale to end before you can indulge. The Raboo project is rewarding its community as we speak!

The Raboo presale steams ahead!

The presale is currently in Stage 4, and early buyers are already up 60%. Tokens are currently selling at $0.0048, and you’re not too late to make profit from the 233% presale ROI on offer.

But Raboo will really rev up post-launch once it hits exchanges. Experts predict a 10,000% surge, why are you not on the Raboo train yet?

You can participate in the Raboo presale here.


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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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