🚨 ALLO COIN ALERT — READ THIS BEFORE INVESTING! 🚨
📉 Allora ($ALLO ) tanked HARD after launch — 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.
💸 What happened?
➡ Binance gave out 15 million ALLO tokens as part of an airdrop, and most recipients sold immediately once trading kicked off — putting massive selling pressure on the price.
📊 Numbers you should know:
• ALLO debuted high but fell quickly — many reports show a big plunge from the initial price.
• The token’s fully diluted valuation was high compared to its circulating supply, making investors nervous.
⚠️ Why this matters:
• Even major exchange listings don’t protect a coin from crashing.
• Airdrop distribution often leads to dump pressure as recipients sell to take quick profits.
• This is a classic case of hype vs reality — don’t buy just because a project sounds cool.
🔎 Tip: Always do your own research (DYOR) — price action + tokenomics + supply unlocks matter more than tweets or exchange logos.
📣 Tag friends who need to see this before buying! 🚨
#BTCVSGOLD #BinanceAlphaAlert #allo
