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ALLO Tokenomics: Initial Circulating Supply Ratio is 20.005%

2 hours ago

On November 11th, as per an announcement by Binance, the ALLO tokenomics are structured in the following manner: the maximum supply is set at 1 billion tokens. The initial supply amounts to 200,050,000 tokens. The HODLer airdrop token quantity is 15,000,000 ALLO, which constitutes 1.50% of the maximum total token supply. Furthermore, 20,000,000 ALLO will be dedicated to market activities six months after its listing, and the detailed rules will be disclosed separately.
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A whale address deposited 1.71 million UNI tokens previously hoarded at a loss into Binance.

On November 11th, as per the monitoring of LookOnChain, a whale has just transferred all of his 1.71 million UNI tokens (with a value of $15 million) that were accumulated between February 4th and October 12th into Binance. If he were to sell them now, it would result in a loss of $1.45 million.

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On November 11th, according to Coinglass data, the current funding rates of mainstream CEX and DEX show that after the recent rebound in the crypto market, market participants still maintain a bearish outlook on altcoins and have begun to be bearish on BTC and ETH again. The specific funding rates are presented in the figure below. BlockBeats Note: The funding rate is a fee set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and is a fund exchange mechanism between long and short traders. The trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicat

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Bitcoin Briefly Drops Below $105,000

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CryptoQuant CEO: Treasury Inflows and ETF Adoption Marked the End of the Bear Market

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An entity deposited 1.19 million UNI to Binance, resulting in a loss of $914,000.

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