Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: akeemqaz on December 14, 2024, 03:21:21 PM
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After a post by CZ about Travala coin (AVA) https://x.com/cz_binance/status/1867235258615074863, the coin went up by 300%. And I started thinking that I should have bought it, although, I still believe it's relatively cheap because people travel almost every day.
If this blockchain project can be implemented across various aspects of travel, there could be more potential for growth.
However, I wonder if there are any new listings, support, or partnerships for this coin, or if this is just a temporary pump.
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Based on that tweet it seems that they are on it and maybe they are cooking for something because they are still holding that project since the pandemic so maybe CZ see that project to have potential so investing as early as possible would make any sense because we don't know what it brings in the near future.
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I'm not gonna talk about the project and its potential but a single tweet caused all that? Are we back on those days again when an announcement would significantly pump a coin/token? LOL. If Elon changes his X avatar to a dog, then we'll probably see some meme coins/tokens to surge again.
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This is called the influence of celebrities or influencers, one tweet is enough to raise the coin by 300%, this gives the project more than its fair value. I know the Travala coin (AVA) project, it is somewhat old since 2018 and the value of the coin was low during those years but now it has risen because of one tweet.
Anyway, the project is good in terms of the idea, but I do not know what they really have, if there is no continuous development and actual use of the coin on the ground, it will end like the rest of the failed projects.
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I believe CZs influence by that post made pumped it and if the devs do not take good advantage of this opportunity they have now to further develop the project, it would still drop back to its initial stage. The project is a good one hence CZs actions and I believe the team of that project could read the signal they have got to sit up and do the needful to further boost the capacity of what they got otherwise, it would be an old story for them and their project. Now that CZ has revived their identity and project let them take it up from there and do their best.
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I'm not gonna talk about the project and its potential but a single tweet caused all that? Are we back on those days again when an announcement would significantly pump a coin/token? LOL. If Elon changes his X avatar to a dog, then we'll probably see some meme coins/tokens to surge again.
Yes, selectively. This is a proof how influential people like CZ and Elon can be on the cryptocurrency industry and when the situation can be ripe there will be a big jump for a specific asset. I already heard many years on Travala and I understand that it wants to game-change the area of travel and tourism which is a very big industry. CZ must be a firm believer on this platform because in a way he is endorsing it. In 2025, we can be a witness on how a single post in X can influence the trajectory of the market.
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However, I wonder if there are any new listings, support, or partnerships for this coin, or if this is just a temporary pump.
This is the real impact of CZ that's why I last said in one of my posts that if he had preferred the role of Binance as CEO then the price of BNB would shoot but he said I was not interested well AVA seems to be a good coin and the narrative is good too I think when BNB ecosystem will grow it will grow too although FTM ecosystem is already losing it's energy, which means it's end is near now for this bull run but still it can be a good investment (NFA).
Now as it has already made 3x many must be booking their profit, the market cap still not crossed $100M that's strange the supply is also very low, the overall fundamentals are very bullish TBH I actually started to like it. But it was not the CZ tweetalone,e as the same day or after the token got listed on Binance Future too which is bigger catalyst then CZ's tweet.