Today was supposed to be a big day for $ALLO , but the plot took a twist đ
The team and early investorsâ allocations were scheduled to unlock today, but Allora officially announced a sudden 6-month extension to the lockup.
This affects 485.5 million tokens, or 48.55% of the total supply.
Not a single token will unlock before May 11, 2027.
Half will be released that dayâabout 243 million tokensâand the rest will be linearly released over the following 18 months.
Honestly, with the market in this sorry state and BTC still hovering around $73,600, the project team voluntarily locking up its tokens for another six months is a statement in itself.
Extending a lockup is a real, tangible actionâunlike constantly talking about âlong-term thinking.â
But letâs not get carried awayâitâs a delay, not a cancellation.
Those 240 million tokens in May 2027 will have to hit the market eventually. Whether the market can absorb them will be the real test.
What do you think of this âvoluntary unlock delayâ?
Are they genuinely bullish, or just afraid of a sell-off right now? đ
$ALLO $BTC
#ćžćșè§ćŻ #TokenUnlock
Not investment advice. DYOR. Trading involves risk.
The team and early investorsâ allocations were scheduled to unlock today, but Allora officially announced a sudden 6-month extension to the lockup.
This affects 485.5 million tokens, or 48.55% of the total supply.
Not a single token will unlock before May 11, 2027.
Half will be released that dayâabout 243 million tokensâand the rest will be linearly released over the following 18 months.
Honestly, with the market in this sorry state and BTC still hovering around $73,600, the project team voluntarily locking up its tokens for another six months is a statement in itself.
Extending a lockup is a real, tangible actionâunlike constantly talking about âlong-term thinking.â
But letâs not get carried awayâitâs a delay, not a cancellation.
Those 240 million tokens in May 2027 will have to hit the market eventually. Whether the market can absorb them will be the real test.
What do you think of this âvoluntary unlock delayâ?
Are they genuinely bullish, or just afraid of a sell-off right now? đ
$ALLO $BTC
#ćžćșè§ćŻ #TokenUnlock
Not investment advice. DYOR. Trading involves risk.