Keep An Eye On AVA (Travala)

cryptoandcoffee in #hive-167922 • 2 years ago

From all accounts the travel industry is looking forward to a bumper summer after having a dismal last two years due to Covid and lockdowns. I think we have all been experiencing the travel bug and have all been looking forward to getting away.

Travala (AVA) has obviously been one crypto that has directly suffered due to travel restrictions and this should be the added boost to get things rolling again. What is there not to like about paying for your holidays in crypto knowing you receive a percentage back like a cash back.

I was reading a report on a poll done with Indian travelers and 70% between the age of 26 and 40 will be paying in crypto. This got me thinking as this is quite a high percentage and possibly it could be to avoid paying taxes as that is what I would do. When you are being penalised so heavily why take it out and instead move it to where one can use it.

As crypto projects go this is definitely a diamond in the rough as just look at the market cap under $40 million. The travel industry is huge and in my opinion AVA is seriously undervalued and a bargain. The total supply is 61 million and what many forget is the quarterly burn that is going to decrease that amount down to 42 million. This is calculated on bookings and with bookings only going to increase this number should tumble at an increased rate.

The numbers speak for themselves as it doesn't take a genius to work out that AVA being at $0.70c then more AVA is required to book flights sand hotels and god knows what else. If the numbers expected for summer this year are what they predict then the demand has to affect the price.

As you can clearly see there is 9 million AVA staked currently on the Smart wallet earning 11% yearly interest. This leaves only 52 million AVA tokens in circulation.

The one thing in crypto that we all know is you always look for low market caps and a small circulating supply combined with a genuine use case. AVA ticks all of these boxes and fits perfectly into my service related crypto portfolio.

Like with anything always do your own research and don't take my word or someone else's word for your investments. There are a number of projects out there that have genuine use cases which should fuel demand creating the injection in the volume raising the values. I believe AVA is one of those that could benefit big time this summer no matter what the crypto markets are doing.

Posted Using LeoFinance ^Beta

#ava #travel #leofinance #ctp #neoxian #proofofbrain #mancave #vyb #thoughts #crypto #investment

2 years ago in #hive-167922 by cryptoandcoffee

Sort:

belemo 2 years ago

How high do you think AVA can go?

Posted using LeoFinance Mobile

0.00 VYB

cryptoandcoffee 2 years ago

Surely this has to have a billion market cap a some point and taking into account they will only have 42 million tokens then around $25 as a minimum. Could be way off and much higher depending on the partnerships they have involved. I know Trumpan thinks $100 so we shall see where this ends up. Still cheap if you think it is 70c and was over $6 just 12 months ago.

Posted Using LeoFinance ^Beta

0.00 VYB

belemo 2 years ago

I currently hold like 260 AVA, and I'm going to add more real soon. Need to upgrade my level.

Honestly, $25 per AVA would be awesome and that's a fair price, considering that it offers an actual product. I reckon that it will have one of those spontaneous eruptions in crypto space at some point.

Posted using LeoFinance Mobile

cryptoandcoffee 2 years ago

I am on the same page and will be getting more this weekend. Had a target of 1000 from he beginning and will achieve that shortly. There are so many good things out there it is hard trying to finish one target at a time.

Posted Using LeoFinance ^Beta

0.00 VYB

belemo 2 years ago

1000 is a nice target, I think I'll go for it. The bear market is going to persist for a while, so there's time to DCA for as long as we want 😄

Posted using LeoFinance Mobile

mypathtofire 2 years ago

if they are leaders in reforming the travel industry on the blockchain, it could be early to become the next Airbnb. However, the travel industry is very very competitive with low margins.

0.00 VYB

revisesociology 2 years ago

I've got a little bit but I sold most of mine after I checked out their latest flight offers - very overpriced compared to the competition.

cryptoandcoffee 2 years ago

Very interesting as I didn't know this. With more airlines like Emirates coming into the crypto space then surely they will have to change their tune.

Posted Using LeoFinance ^Beta

0.00 VYB

revisesociology 2 years ago

I did keep back some, it does interest me, but I don't travel much so there is that too!

0.00 VYB

poshtoken 2 years ago

_{The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.}

0.00 VYB

acesontop 2 years ago

I own 500 of em. Not going to sell cheap this time.

Posted using LeoFinance Mobile

0.00 VYB

rtonline 2 years ago

AVA was among the assets I followed, and its current price drop was an opportunity for me to invest. I am optimistic about AVA and I think its future is bright.

Posted Using LeoFinance ^Beta

samostically 2 years ago

The future belongs to those that can Wait..... And maybe those that invest in assets like AVA ;)

Posted using LeoFinance Mobile

0.00 VYB

rtonline 2 years ago

I think those who wait patiently will definitely be appreciated in the future.

Posted Using LeoFinance ^Beta

0.00 VYB

samostically 2 years ago

Yup... I think if you invest in any good project over the years... it will pay.

Think about it... take a look at hive 2-3 years ago...

Posted using LeoFinance Mobile

0.00 VYB

rtonline 2 years ago

Definitely HIVE is a very good example in this regard. Those who received HIVE from the Airdrop and waited patiently, are still in profit despite this collapse. Also, those who see the big picture and power up the Hive Power are more profitable.

Posted Using LeoFinance ^Beta

0.00 VYB

samostically 2 years ago

The future belongs to those that can Wait..... And maybe those that invest in assets like AVA ;)

Posted using LeoFinance Mobile

0.00 VYB

cryptoandcoffee 2 years ago

That I didn't know and is not very good then as especially the likes of Emirates accepting crypto for flights now. Why buy with AVA then if you can save $$ as there will be other airlines who will be coming on board soon. I will still buy more stake however as I can see the price going up significantly, but will definitely do more research first.

Posted Using LeoFinance ^Beta

0.00 VYB

rtonline 2 years ago

A few months ago I was seeing a lot of positive posts about Travala. I had done a good research, but I was waiting for the prices to drop to invest.

This post got me excited. https://leofinance.io/@alexvan/travala-getting-paid In addition, a few months ago, many of trumpman's articles on this subject excited me.

Posted Using LeoFinance ^Beta

0.00 VYB

bozz 2 years ago

I have done my own research and I totally agree with you that AVA is a smart buy. I still haven't booked a trip with the site, but my tokens are sitting there and staked ready for when I do. That price being under $.70 is super attractive right now. I might need to find a way to pick some more up.

cryptoandcoffee 2 years ago

I do agree with you at this price now will definitely pay for a holiday or two once the price changes. I see it maybe able to pay for a holiday each year or a susidised one at least with the staking rewards.

Posted Using LeoFinance ^Beta

bozz 2 years ago

Yeah, that is a good point. I am really considering picking up some more. I just need to find a good way to do it.

Posted Using LeoFinance ^Beta

0.00 VYB

ablaze 2 years ago

I think we have all been experiencing the travel bug and have all been looking forward to getting away.

Definitely, lots of travel again for people. I was in Lanzarote in April, we're off to Spain in June and I've a stag in Germany in September. Great to be able to travel again.

I didn't know much about Ava, so good info here, just remember to have a target of 5x or 10x or whatever and take your gains.

olympicdragon 2 years ago

AVA could be the next gem. The market cap is ok, volume is good for a small cap. I definitely keep a lookout for this. I wonder if it's available on Kucoin !

Posted using LeoFinance Mobile

0.00 VYB

behiver 2 years ago

Small supply and continuous extension and partnerships with travel entities make Travala a great asset to hold and earn out of it. This is a gem that's flying under the rather and even if does not fly to the moon, is a steady earner.

Posted Using LeoFinance ^Beta

samostically 2 years ago

Yoi are right! The use case is phenomenal. And with steady little growth.... it's worth considering.

Posted using LeoFinance Mobile

0.00 VYB

cryptoandcoffee 2 years ago

I agree as over a period of time this is one crypto that many would have wished they had bought. Even having a $1 billion market cap is not unrealistic as I consider that still small for how big the industry is. That would be 25x from where the current price is with out factoring in the 42 million target due to burning.

Posted Using LeoFinance ^Beta

0.00 VYB

fabian98 2 years ago

And I see the monkeypox sitting in a corner mocking all of us who believe that everything will be like it was before the pandemic T_T

Posted Using LeoFinance ^Beta

0.00 VYB

suchabeaut 2 years ago

Lol

Posted Using LeoFinance ^Beta

0.00 VYB