Looking For A Winner
In todays crypto world one has to do so much research in order to find the next big thing. In the past it didn't really matter what you invested in as everything went up no matter what the project was.
AVA is one that has stood out for some time and never really bought into it at the time as the price already over $5 before one could say BOO. Thankfully over the past month or two that price has now dropped sufficiently to say BUY me and that is exactly what I have been doing.
Very few projects out there have what AVA has and that is being tied into an industry that everyone is a part of and that being travel. By not only holding AVA staking it on their platform you get extra benefits. 5% discount to AVA holders in the form of a cash back plus the staking APY each year.
The 20% buy back that happens quarterly is used to buy back tokens and burn them reducing the supply. The initial amount is 61 million with the target to get down to 40 million. If you do the math's on that this represents a reduction of supply by 35% which is huge in anyone's book. That is only double Bitcoins total market cap in coins which is not much considering the price right now of $1.70. Minimum staking of 250 AVA is only going to cost you $425 which seems really cheap right now because it is cheap.
Over the last 18 months the world has basically been in a forced shut down with limited travel opportunities. Granted we may be some time off from opening up properly but e all know it will at some point and then it is the explosion time for AVA. 20% buy backs quarterly with the world back travelling is huge in the mix of things and those 61 million coins are going to be burned very quickly reaching that 40 million target in no time.
What a beautiful position for any investor as what is better than staking a token/coin knowing you are earning plus the token price has to go up as well and is like a double hit with a guaranteed home run. I have never been involved with a 1000 or 2000 % and I don't see why this won't achieve this over the next year or two. This is not long term considering for those types of returns. Like everything this is not financial advice and is my own personal opinion. I am a fussy investor in what I get caught up in and this ticks all the boxes and rings all the bells for me.
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I feel the same way about AVA and the potential it has as things start to open back up. That is why I have been buying a bunch of it even when it was over $5.00. Kicking myself a little since it is at $1.71 now, but I really think it could go over $10 when things really get back to normal!
Posted Using LeoFinance Beta