๐จ ALLO COIN ALERT โ READ THIS BEFORE INVESTING! ๐จ
๐ Allora ($ALLO ) tanked HARD after launch โ even with big exchange support! Despite listing on Binance and Coinbase, the token dropped over 50%+ on its first trading day as many holders dumped their airdrop rewards.
๐ธ What happened?
โก Binance gave out 15 million ALLO tokens as part of an airdrop, and most recipients sold immediately once trading kicked off โ putting massive selling pressure on the price.
๐ Numbers you should know:
โข ALLO debuted high but fell quickly โ many reports show a big plunge from the initial price.
โข The tokenโs fully diluted valuation was high compared to its circulating supply, making investors nervous.
โ ๏ธ Why this matters:
โข Even major exchange listings donโt protect a coin from crashing.
โข Airdrop distribution often leads to dump pressure as recipients sell to take quick profits.
โข This is a classic case of hype vs reality โ donโt buy just because a project sounds cool.
๐ Tip: Always do your own research (DYOR) โ price action + tokenomics + supply unlocks matter more than tweets or exchange logos.
๐ฃ Tag friends who need to see this before buying! ๐จ
#BTCVSGOLD #BinanceAlphaAlert #allo
