Changpeng Zhao’s recent announcement about investing in the crypto travel platform has driven a significant surge in the price of Travala’s native AVA token.
Zhao, the CEO of Binance, has recently revealed that Binance invested in the crypto travel platform Travala before the COVID pandemic and the crypto winter.
Shortly after CZ’s post, the AVA token skyrocketed nearly fourfold in less than 30 minutes. AVA is currently trading at 67,387 VNDC, reflecting a 258.05% increase over the past 24 hours.