Gate News Bot news, on November 13th, according to CoinMarketCap data, ALLO (Allora) is currently priced at $0.29, having fallen by 39.35% in the last 24 hours, with a high of $1.70 and a low of $0.28. The 24-hour volume reached $459 million. The current market capitalization is approximately $57.2 million, a decrease of about $37.1341 million compared to yesterday.
Recent important news about ALLO:
1️⃣ The temporary adjustment of the listing time has caused market fluctuations
The Allora (ALLO) project was originally scheduled to launch on November 11, 2025, at 21:00 (GMT+8), but has been temporarily postponed by 1 hour to 22:00. This sudden change may have raised market concerns about the stability of the project, affecting investor confidence and triggering significant price fluctuations.
2️⃣ The price fluctuated dramatically on the first day of listing
ALLO experienced significant price volatility on its first day of listing, rapidly dropping from a high of $1.70. Such drastic price movements reflect a considerable divergence in market valuation of the project and may also indicate that a large number of investors chose to cash out quickly in the early stages of the listing.
3️⃣ Volume surges but selling pressure persists
Despite the continuous rise in ALLO's volume over the past 24 hours, reaching $459 million, indicating a high level of market activity, the price still fell significantly, and the market capitalization continued to shrink. This situation suggests that the selling pressure far exceeds the buying demand, which may be related to the project's fundamentals or market sentiment.
From a technical perspective, the price of ALLO is currently at a low since its listing and may face continued downside risk in the short term. However, as the second hottest cryptocurrency, ALLO continues to attract considerable attention from investors, and its future trend is worth ongoing observation.
This message is not an investment advice; investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SHIB Nears Breakout Point After Revisiting Powerful Support Level
SHIB revisits a key support zone that previously triggered major price rallies.
Price compression and accumulation signals suggest a potential breakout ahead.
Analysts project strong upside, though market conditions may limit extreme gains.
Shiba Inu has returned to a price level that on
CryptoNewsLand1h ago
PEPE Price Outlook: The Case for a Surprise ‘Disbelief Rally’ Ahead
PEPE shows weak sentiment with falling price, volume, and Open Interest.
Heavy short bias may trigger a surprise rally through liquidation clusters.
Range-bound price suggests a possible trap before continuation of bearish trend.
PepeCoin — PEPE, has taken another hit, and sentiment
CryptoNewsLand2h ago
Crypto Fear and Greed Index Drops to 30, Signals Panic State
Gate News message, April 25 — The Crypto Fear and Greed Index currently stands at 30, down 8 points from yesterday, according to Coinglass data. The seven-day average is 33, while the 30-day average is 18, indicating a shift toward panic sentiment in the
GateNews3h ago
Not Too Late Yet: Altcoins Eye Rapid Move Ahead of Economic Uncertainty — 5 Picks Investors Are Watching
Market rotation is splitting attention between meme coins and infrastructure-driven blockchain projects.
TAO and FIL reflect stronger alignment with emerging tech and data infrastructure narratives.
DOGE and SHIB remain primarily driven by retail sentiment and short-term volatility
CryptoNewsLand6h ago
Bitcoin Quantum Computing Threat Is Manageable, Real Issue Is Governance: Analyst
Gate News message, April 25 — Bitcoin analyst James Check said quantum computing poses a "manageable risk" rather than a systemic threat to Bitcoin, according to CoinDesk. Approximately 1.7 million BTC are held in Satoshi-era addresses, which could face risk if quantum computing breaks elliptic
GateNews7h ago
Positioned or Left Behind? Altcoins Show Pre-Breakout Momentum with 150%+ Upside — 5 Coins Worth Buying Today
Liquidity is rotating selectively into both DeFi and infrastructure tokens.
Meme assets show higher volatility compared to utility-driven protocols.
Market conditions resemble early-stage accumulation before potential expansion phases.
Market participants are observing renewed accumulati
CryptoNewsLand8h ago
