CandleFocus Travala’s AVA Token Surges 300% After CZ Disclosed Binance Investment
2024-12-12
Author: Content Editor
Travala, a blockchain-based travel booking platform, experienced a significant price increase for its AVA token following an announcement by former Binance CEO Changpeng Zhao (CZ) that Binance had invested in the project before the pandemic. This renewed interest in Travala coincided with the company surpassing $100 million in gross annual revenue, attributed to increased flight and hotel bookings made with over 100 cryptocurrencies. Travala also revealed plans to establish a Bitcoin and AVA reserve to further develop the blockchain-based travel industry. Binance continues to expand its blockchain investments, backing multiple projects and supporting innovative initiatives across various sectors in the blockchain ecosystem.
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