RE: Crypto Friendly Travel Booking Platform - Travala token AVA Bought
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I too heard about it, and the price has increased almost 50% since then. Did you see the revenue pattern ? I mean, do we see growth in their bookings ?
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that is a very good question dear @sanjeevm. Yes, I saw their revenue pattern and they are burning the AVA token every quarter. Check this link and scroll to the bottom it should give you a decent idea.
https://www.travala.com/ava?crypto=AVA
As per Travala website they are going to BURN AVA token until the total supply is cut down 40 Mil. AVA Tokens.
Following was the FOURTH BURN of the AVA token done.
46,947 AVA reducing the total supply from 61,228,716 to 61,181,769 AVA
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