$ALLO Around 160 million tokens are expected to be unlocked tonight, an amount close to 80% of the current circulating supply, but the coin's price has not seen an early drop.
Here's the story: 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 were allocated to early investors and 57.75 million to core contributors, with a total value of approximately $23 million.
By contrast, the market appears relatively calm. ALLO's latest reference price is around $0.145, down approximately 1.8% over 24 hours, while trading volume is around $4.66 million, down approximately 19% compared with the previous period.
This means the market has not shown obvious panic accompanied by a spike in trading volume, but it does not mean that selling pressure has been absorbed. The AI prediction network has real-world applications, but how many users will want to pay on an ongoing basis, and how much demand ALLO can generate, cannot be judged based on the concept alone.
I won't buy the dip before the unlock for now. Tonight, I'll watch how many tokens are actually released and whether investor addresses make concentrated transfers to exchanges.
Here's the story: 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 were allocated to early investors and 57.75 million to core contributors, with a total value of approximately $23 million.
By contrast, the market appears relatively calm. ALLO's latest reference price is around $0.145, down approximately 1.8% over 24 hours, while trading volume is around $4.66 million, down approximately 19% compared with the previous period.
This means the market has not shown obvious panic accompanied by a spike in trading volume, but it does not mean that selling pressure has been absorbed. The AI prediction network has real-world applications, but how many users will want to pay on an ongoing basis, and how much demand ALLO can generate, cannot be judged based on the concept alone.
I won't buy the dip before the unlock for now. Tonight, I'll watch how many tokens are actually released and whether investor addresses make concentrated transfers to exchanges.