Shares of Vaycaychella (OTCMKTS:VAYK) fell a bit in the previous trading session after the recent rally.
Trading Data
On Wednesday, VAYK stock fell 5.72% at $0.0160 with more than 10.54 million shares, compared to its average volume of 10.82 shares. The stock has moved within a range of $0.0144 – 0.0185after opening trade at $0.0177.
Announces Coming Cryptocurrency Exchange For Vacation Rental Properties And Additional Vacation Business Management Technologies To Follow
William “Bill” Justice, CEO of Vaycaychella (OTCMKTS:VAYK), has published a letter to shareholders, detailing an overview of the company’s portfolio of technology tools for travel industry entrepreneurs, some of which are available, while others are still being developed.
The company has created a peer-to-peer application based on its founding Cuban pilot project. Travel industry entrepreneurs all over the world can search for investors anywhere to partner with, for building short-term vacation property rental businesses. As of now it works only in Cuba, but will soon be expanded to US, Europe, and other developing economic regions. A more updated version of the app is set to be launched before the end of 2021.
The company is also developing a Vaycaychella Cryptocurrency Exchange, so travel industry entrepreneurs can create their own cryptocurrency for selling to small investors, crowdfunding their short-term vacation rental property projects. This in turn, gives those investors the chance to participate in the ROI potential of the short-term vacation rental property industry.
Vaycaychella continues to build on its pilot portfolio of Cuban short-term vacation rental properties, even after the Covid pandemic wreaked havoc, which now includes a small boutique hotel. A suite of mobile app virtual banking tools are in the works too, the first of which is to be launched in the first quarter of 2022.
Technical Data
VAYK stock is trading above the 20-Day and 50-Day Moving averages of $0.0145 and $0.0138 respectively. However, the stock is trading below the 200-Day moving average of $0.0210. The stock is up 48% in the past 3-month.
