AVA is a scam; I absolutely wouldn't buy above 1. Even at 100u, I wouldn't buy. With an annual income of 100 million, is this price reasonable? Just like Trip.com, the net profit is less than 3%. The previous price was reasonable, but now this price makes the price-to-earnings ratio skyrocket. What imagination is there in this hotel booking business? Are we expecting the business to expand to the same level as Trip.com? What is Trip.com's market value? Just a few billion dollars. CZ seems to be desperate to promote yet is afraid that it won't work, so he keeps promoting this kind of junk coin.
