Travala Token (AVA) surges 300% after being confirmed by Changpeng Zhao
After former Binance CEO Changpeng Zhao (CZ) confirmed that Binance had invested in Travala before the pandemic, Travala's AVA token saw a surge of 300% within an hour. This event occurred when CZ tweeted about Binance's commitment to Travala, increasing interest in this cryptocurrency travel platform. Travala also recently announced that it has achieved an annual gross revenue of $100 million, a leap from $59.6 million last year, affirming the strong growth of the service.
The increase in AVA's price reflects confidence in the growth potential of the platform, especially as Travala is developing new products and services, including a Bitcoin reserve fund and AVA to reshape the blockchain-based travel industry. CZ's emphasis on prior investment indicates a positive signal regarding the sustainability and prospects of Travala in the future.#AVAXUSDT🚀