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
The community is buzzing about "Iranian war flames crippling Bitcoin hash rate," but analysts dismiss it: accounting for less than 1%, it's hardly noticeable.
Multiple mining experts have pointed out that Iran's hash rate accounts for less than 1%, and even if mining activities are interrupted, it will not affect the security of the Bitcoin network. They refuted the panic rumors circulating in the community, believing that the Bitcoin network is operating stably, and Iran's crypto economy is gradually expanding under sanctions.
動區BlockTempo16m ago
Bitcoin Remains Resilient as Iran-US Conflict Fuels Risk-Off Sentiment
Bitcoin has gained over 2%, defying a global risk-off sentiment sparked by the escalation of the US-Iran conflict that has seen most stocks plunge.
Analysts say it’s the best time to buy BTC as the US Fed is going to start printing billions of dollars to support the war, as it has in
CryptoNewsFlash25m ago
JPMorgan Highlights Potential Digital Asset Rally Under Clarity Act
JPMorgan sees the Clarity Act as a significant opportunity for digital assets, predicting increased institutional investment and market stabilization if clearer regulations are established, particularly by the end of 2026.
Coinfomania28m ago
Bitcoin Investors Face Loss, Market Shows Signs of Stabilization
Most Bitcoin investors from the last two years are in loss, but this could signal buying opportunities for disciplined traders.
Short-term holders are showing patience despite geopolitical tension, suggesting panic selling may be fading.
Monitoring exchange inflows is key—declining losses h
CryptoFrontNews40m ago
BTC drops 0.68% in 15 minutes: whale selling pressure combined with macro risk aversion sentiment triggers short-term pullback
From 09:15 to 09:30 (UTC) on March 3, 2026, BTC recorded a -0.68% return within 15 minutes, with a price range of 66,595.0 to 67,141.1 USDT and an amplitude of 0.81%. Market attention increased during this period, short-term volatility intensified, and investors became highly sensitive to capital flows and risk asset sentiment.
The main driver of this anomaly was a large whale short-term concentration of BTC inflows and sales on a major mainstream exchange. On-chain data shows that since early 2026, the inflow ratio of large whales (addresses holding ≥1,000 BTC) reached a recent high,
GateNews49m ago
Switching from crypto to stocks? Cryptocurrency liquidity shifts to the US stock market, with AI becoming the best cross-market aid
According to Wintermute's research, retail investor funds are flowing heavily into the US stock market, gradually decoupling from the crypto market. The crypto market has entered a mature phase, with retail investors seeking higher capital efficiency shifting towards more volatile stock markets. Generative AI has boosted retail investors' confidence, making it easier for funds to move between the US stock market and the crypto market, leading to a transformation of cryptocurrencies into a component of investment portfolios.
ChainNewsAbmedia1h ago
