The AVA (Travala) price skyrocketed 304% in the last 24 hours to trade at $3.15 as of 3.45 a.m. EST on trading volume that skyrocketed 31,850% to $846.63 million.
The token blew up after Travala.com announced on X that its crypto project had hit $100 million in annual revenue, which is a big new milestone. It also said that it is expanding crypto adoption in travel. The team announced an AVA and BTC treasury strategy as well.
In addition to that, Binance’s co-founder and former CEO, Changpeng Zhao, published a post of his own, pointing out that his exchange invested in this crypto travel platform before COVID-19 and the crypto winter of 2022, adding that the exchange never sold its stake, encouraging further building and expansion of the project.
AVA (Travala) Price Prediction
In terms of price, AVA has been trading sideways for a long long time, with only minor fluctuations. The 304% surge in the last 24 hours came as a massive change for the project, pushing its price from $0.777 where it was 24 hours ago to $3.15 right now.
Its Bollinger Bands went from having nearly no gap between them to a massive widening. While they have narrowed significantly since then, they are still much wider than before the surge, and they continue to actively move.
Now, while the project’s price saw a massive surge in the last day, the price has not been growing non-stop. There were periods where it would correct, dropping from the upper band to the middle point between the two bands, and it even nearly dropped to the lower band twice so far.
On the other hand is the project’s Relative Strength Index (RSI) value which still shows that the traders are bullish on the project. The RSI skyrocketed to 100 yesterday as the price made its initial surge.
After that, it dropped back to 70, only to bounce back up to 80 as the second wave of investments came in. In the past 12 hours, however, the RSI dropped and started fluctuating between the neutral zone at 50 and the overbought area at 70.
The drop to 50 suggests that some were quick to sell off their AVA tokens and benefit from the rally, but the optimism has already started spreading and becoming overwhelming, pulling in new investors and traders who bought the token in expectation of further growth.
The fluctuations of the RSI and the token’s price show that the bulls and the bears are in conflict, with some seeking to profit quickly, while others continue to buy in expectation of an even greater surge.
After all, the AVA price did go much higher back in 2021, skyrocketing all the way up to $6 and finding its ATH at $6.48, which means that there is plenty of room left for additional growth, especially since another rally like the one in 2021 is expected to kick off in early 2025.
Promising Alternative to AVA (Travala)
With the AVA price seemingly at its limit at this time, some have elected not to buy, as they believe it is too late to profit from the token that is likely to see a correction in the near future.
Instead, investors are turning to an alternative crypto called Crypto All-Stars (STARS) — a new high-potential meme coin that is currently still in ICO but is just about to go live in only 7 days.
The project has become exceptionally popular, especially in the last few weeks since the upcoming conclusion of its presale was announced. Even experts like ClayBro, a crypto YouTuber with over 133K subscribers, predicted a positive future for the project, with at least 10X potential.
The overwhelmingly positive expectations come from the fact that the project has developed a new type of staking platform called the MemeVault. Unlike regular staking smart contracts, MemeVault is the first platform to offer staking options for multiple cryptos all in the same place.
Its focus is on the meme coin sector, and the project has already announced that it will enable the staking of Dogecoin, Shiba Inu, Pepe, Floki, Turbo, Brett, Milady, Mog Coin, Toshi, Coq Inu, and Bonk after its ICO ends. Meanwhile, its native STARS token is available for staking even now, while the presale is still ongoing.
The ability to stake meme coins more conveniently all in one place has attracted millions upon millions of dollars, allowing the STARS ICO to raise $15.16 million as of Dec. 13. However, as mentioned, the ICO will end in only seven days, with its price expected to skyrocket.
Buy STARS on its official website here.
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