$ALLO Around 160 million tokens are expected to be unlocked tonight, an amount close to 80% of the current circulating supply, but the token price hasn’t plunged in advance.

Here’s the situation: Allora is a decentralized AI prediction network. Models provide predictions, users access prediction services, and ALLO is used for payments, staking, and incentives.

This unlock is somewhat unusual, mainly involving early investors and core contributors. According to CoinGecko’s calendar, around 102 million tokens are allocated to early investors and 57.75 million to core contributors, worth a combined total of about $23 million.

The market has remained relatively calm. ALLO’s latest reference price is around $0.145, down about 1.8% in 24 hours. Trading volume is around $4.66 million, down about 19% from the previous period.

This means there hasn’t been any obvious surge in volume driven by panic, but it doesn’t mean the selling pressure has been absorbed.

AI prediction networks have real-world potential, but it’s still too early to judge based on the concept alone how many users will be willing to keep paying or how much demand they’ll generate for ALLO.

For now, I won’t rush to buy the rebound ahead of the unlock. Tonight, I’ll first watch the actual amount released and whether investor wallets transfer tokens to exchanges in large quantities, since the increase in supply is substantial.
#比特币连续五周下跌