Allora (ALLO) is the native token of the Allora decentralized AI ecosystem, aimed at rewarding model contributors, staking and governance across multiple supported chains.
After its much‑hyped launch in late 2025 — including listings on major exchanges — ALLO reached an all‑time high near $1.70 USD before a sharp post‑launch correction of over 50 %.
Current price is down significantly from its peak, trading around ~$0.085–$0.09 USD with a market cap under $20 M, reflecting heavy profit‑taking.
Daily trading volume and volatility remain elevated as markets digest token distribution dynamics and broader AI/crypto sentiment.
Technical action suggests consolidation near recent lows, with short‑term resistance on upticks tied to exchange listings or ecosystem updates.
Long‑term holders watch for real utility adoption in AI model coordination and network incentives amidst lingering supply pressure.
$ALLO #Allora #allo