Dear followers,
This coin, $ALLO
is clearly being manipulated — very similar to what happened with Alpha coins before. The only difference is that ALLO is listed on the spot market.
If we analyze the numbers carefully, the circulating supply shown was around 200 million coins, but during the sudden pump, the actual sell liquidity in the market was extremely low. That means the available supply for trading was much smaller, making price manipulation easier.
The team pushed the price aggressively in a single day. Realistically, it is impossible for a coin to make such a move naturally unless less than 10% of the supply is actively circulating in the market. This strategy is often used to attract traders, increase hype, and create liquidity.
What makes the situation even more suspicious is that futures trading volume suddenly increased only after the price reached around 0.15000. Before that, derivatives activity was extremely weak.
Another important point: the team unlocks nearly 13 million coins every month. If whales usually take profits and sell during pumps, then why was the price raised so aggressively while most of the supply was still controlled by the team itself?
The answer is simple: manipulation creates attention, volume, and liquidity.
My advice to everyone:
Be very careful when investing in low market capitalization coins. Most of them are heavily manipulated, and retail traders are usually the ones left holding the losses. Always manage your risk and never invest blindly because of hype.
#Crypto #ALLO #Bitcoin #Ethereum #Trading #CryptoMarket #Binance #Altcoins #Investing #CryptoTrading #MarketManipulation