Surging Travala (AVA) revenues amid the rapid adoption of real-world applications for AVA crypto are positioning the Web3 travel agency’s new Bitcoin reserve for a major win.
Travala, the leading web3 travel platform, has announced a major achievement by reaching $100 million in gross yearly revenue. This is a remarkable achievement for a traditional/web2 company and a monumental success for a web3 platform.
It cements Travala as not only a leading platform within crypto but also one of the largest global online travel agencies (OTAs). The leading Web3 OTA has had success with many different marketing tools, such as Bitcoin rewards for travel bookings and partnerships with leading travel metasearch engines (Skyscanner and KAYAK).
📰 Crypto Travel Platform Travala Surpasses $100M in Revenue, Plans Bitcoin Reserve
🟠 Achieved over $100 million in annual revenue, up from $59.6 million in 2023.
🟠 Introducing a Treasury Reserve Plan in Bitcoin (BTC) and native token AVA.
🟠 Aims to strengthen financial… pic.twitter.com/S2gwZFgCzo— Bitcoinsensus (@Bitcoinsensus) December 11, 2024
AVA Is The Native Token Powering Travala And Seems Massively Undervalued
When comparing Travala’s $100 million revenue to other leading web2 OTAs, there are some interesting findings. For example, the 8th largest traditional OTA by market cap is WebJet. WebJet 2023 revenue is listed as $360 million, per mize.tech.
Interestingly, WebJet’s market cap is currently $1.8 billion, while Travala’s native token, AVA has a market cap of just $40 million. This means that WebJet’s revenue is around 3.6x more than Travala’s ($360 million to $100 million), while the market cap of AVA is 45x less than WebJet’s stock market cap.
With the growing popularity of web3 platforms such as Travala, offering users a real use case for their crypto holdings, and coupled with the firm’s recent revenue revelation, it highlights how undervalued its AVA token looks to be.
Travala Is Frontrunning The US, Russia, And China With Its Own Bitcoin Treasury Reserve
Real utility wins 💪#Travala has smashed $100m in annual revenue powered by $AVA and the unstoppable force of #Bitcoin ✈️🔥
Thank you for believing in us – this is just the beginning 🙏#CryptoTravel https://t.co/F7sK4AIQQs
— Juan Otero (@joterovila) December 11, 2024
Along with this milestone, Travala also announced a new Treasury Reserve Plan designed to strengthen its financial foundation and accelerate future growth. The incentive will see Travala hold a portion of its treasury in BTC and AVA.
Juan Otero, CEO of Travala, said, “Surpassing $100 million in gross revenue is a huge milestone, but for us, it’s just the beginning. With our new Treasury Reserve Plan, which includes BTC and AVA crypto, we’re fueling future growth and doubling down on our commitment to shaping the next era of travel.”
The Treasury Reserve Plan will help fuel Travala’s ongoing efforts to expand the company’s travel offerings, enhance user experiences, drive travel innovation, and accelerate blockchain adoption in the $10 trillion global travel industry.
BONUS: Wall Street Pepe (WEPE) Just Blasted Through $4.2 Million In Presale Funding – Is $20 Million Before Christmas FUD?
Bags packed. Skin's glowing. Vibes are immaculate. 🐸 ⚔️ pic.twitter.com/nsChKeY09o
— Wall Street Pepe (@WEPEToken) December 10, 2024
The strength of PEPE in recent days has re-ignited the market’s desire for frog-themed meme coins. Look no further than Wall Street Pepe ($WEPE) as a prime example. It has raised more than $4.2 million in barely more than a week of the presale being live and has become one of the market’s hottest new meme coin launches in the process.
This utility and the project’s explosive initial growth have captured the attention of retail investors eager to scout out the successor to the OG Pepe. Talking of utility, holders of WEPE will have access to insider trading signals, and degen plays from some of the best gem hunters in the business. There will also be weekly trading competitions, with WEPE tokens given to the winners.
With a hilarious Wolf of Wall Street Pepe-themed meme coin and utility backing, it is no wonder WEPE is on track to hit $20 million in early-stage funding before 2024 ends.
There are less than four days remaining before the next price stage increase. 1 WEPE is currently available for $0.000208, and the price will go up in less than four days.
You can go to Wall Street Pepe’s official presale page to buy $WEPE before it enters the next presale phase.
To join the presale, head to the official Wall Street Pepe website, connect your wallet (e.g., Best Wallet), and purchase WEPE with ETH or USDT. For fiat options, bank card payments are also accepted.
If using Best Wallet, your WEPE tokens will appear automatically in your wallet before the official claim date is announced.
You can download and install the Best Wallet app from Google Play or the Apple App Store.
Be on the winning side and join the $WEPE Army community via X and Telegram.
EXPLORE: Who Is Ray Dalio? Founder Of World’s Largest Hedge Fund Latest to Back Bitcoin
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