AVA WEEKLY UPDATE (30 May-5 June)
Welcome to this week’s
$AVA and market update!
MARKET UPDATE
The top stories from the broader market:
🥊 Trump-Musk Feud:
@elonmusk and
@realDonaldTrump have entered into a heated
@X debate stemming from continuing disagreements about the US budget bill. The feud culminated in Musk accusing Trump of being in the Epstein files and claiming that Trump should be impeached. The
@Tesla share price plummeted more than 14% following the tweets.
📈 Circle Begins Trading:
@circle (CRCL) shares opened trading on Thursday at about $69 and closed at $83 on the first day of trading — a 167% increase following the IPO price of $31. The question now turns to whether CRCL can maintain positive momentum without following in the footsteps of Coinbase’s IPO in 2021, which opened at $381 and fell to below $200 within a month before falling to lows of around $33 at the beginning of 2023.
🚗 Uber Considering Stablecoins: The
@Uber CEO revealed at the Bloomberg Tech Summit that the company is exploring the use of stablecoins as a payment method, citing that stablecoins have “a practical benefit other than crypto as a store of value”. The CEO has commented on the potential of cryptocurrencies before, stating back in 2021 that Uber may accept bitcoin and other cryptocurrencies if there is sufficient demand and benefit to the company.
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KEY UPDATES
In this week’s round-up of
$AVA news:
🗳️ AVA+ Rewards Perk Proposal: Voting for the new perk is open until 10 June!
🏦 Monthly Buyback: 153,288 AVA was repurchased as part of the Monthly AVA Buyback for April 2025.
📊 Monthly Report: View the May monthly report with key AVA Smart Program and
@travalacom stats!
💻 Job Opening: We’re hiring a new Lead Growth Contributor to join the team!
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WEEKLY METRICS
Below are the key
$AVA metrics from the last 7 days:
💼 Total AVA holders (Travala + on-chain): 40,824 (+0.33%)
🤝 Total AVA Smart Program members: 66,246 (+1.22%)
🔒 Total AVA locked in the AVA Smart Program: 9,368,050 (+0.15%)
💰 AVA givebacks last 7 days: 29,959 AVA worth $16,119 (-5.06%)
🛍 Total saved via Smart discounts last 7 days: $5,722 (-21.31%)
✈️ # of room nights & flights booked with AVA last 7 days: 201 (+22.56%)
💱 $ value of AVA travel bookings last 7 days: $53,145 (+10.77%)
🔗 Link:
t.me/AVAFoundationAnn/360