Last night, 160 million $ALLO tokens arrived right on schedule, and I said yesterday that I’d check the numbers today. I’ve finished the accounting. The whole market was waiting for a dump, but waited for nothing: it didn’t happen.

Around the time of the unlock, the price wavered near the support line but never broke below it. By noon today, it had actually climbed back to around $0.148, a little higher than when I wrote yesterday’s piece. The tokens people had waited a year for were in their hands, but holders weren’t in a hurry to dump them. While the broader market went nowhere, it even edged up a bit.

You have to look at this from both sides. The fact that it didn’t dump doesn’t mean there’s no pressure. This was only the first batch; the rest will be released gradually, so the overhang is still there. Not selling yesterday doesn’t mean they won’t sell tomorrow. The calm on unlock day is often just the quiet before the storm.

My take is straightforward: I’m not chasing this token, but there’s no need to treat it like a falling knife anymore. It’s passed the unlock hurdle; the real test comes later. The next release is on December 11, and I’ll check back then to see how things stack up.

#解锁 #Allora