On the evening of December 12, 2024, the strongest growing cryptocurrency on the Binance exchange was the AVA token of Travala, which surged from 0.75 USD to 2.98 USD in just half an hour.
The cause of this volatility stemmed from a comment by former Binance CEO Changpeng Zhao (CZ). Specifically, CZ made a post on X (Twitter) sharing the achievement of Travala reaching annual revenue of 100 million USD, further adding: "We invested in this crypto travel project long before COVID, before the crypto winter, and we still haven't sold. Let's keep BUILDING."
