$ALLO Current price: About $0.11 USD (≈ PKR 31.6) — roughly flat/soft in last 24 h. CoinGecko+1
Market cap: Around $22–23 M with ~200.5M circulating supply. CoinMarketCap
All-time high: ~$1.70 (shortly after launch), now ~-90% below that peak. CoinMarketCap
📉 Recent Price Action & Market Dynamics
📉 Downtrend & Volatility:
ALLO has been trading below major short-term averages, RSI is deeply oversold — signaling weak momentum. CoinMarketCap
Recent markets show negative sentiment, with altcoins under pressure as capital rotates back to Bitcoin/Ether. CoinMarketCap
🧠 Post-Listing Weakness:
Even after listings on multiple exchanges (e.g., TRON ecosystem expansions), sell pressure and volatility have dominated trading rather than sustained demand. CoinMarketCap
🚀 Potential Catalysts
TRON Integration & Utility Growth: Allora launched AI prediction tools on the TRON network — potentially expanding utility and developer interest. CoinMarketCap
AI Narrative: ALLO’s positioning as a decentralized AI coordination token could attract niche interest if on-chain usage grows.
⚠️ Risks to Watch
High Sell-Pressure & Unlocks: Significant supply may still unlock over time, adding selling pressure. Superex
Speculative Nature: Price remains highly price-sensitive and closely tied to broader market sentiment rather than fundamental adoption.
📈 Quick Technical Levels
Support: Around current ~$0.10–$0.11 range. CoinMarketCap
Resistance: Short-term overhead at ~$0.13–$0.18 zones on stronger bounce attempts. CoinMarketCap
Summary: ALLO has seen significant post-launch declines and currently trades in a bearish, oversold environment. Some technical rebounds and ecosystem integrations (e.g., TRON) may offer short-term relief, but broader market sentiment and tokenomics (unlock schedules, volume) will be key to any sustained upside
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