What pushed the price of Allora’s ALLO token up by over 100%?

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ALLO traded near $0.3109 on Friday. The move came alongside an unusual surge in trading activity, with 24-hour volume reaching $488.18 million, far above recent daily averages. ALLO price chart The sharp price increase followed a combination of protocol-level upgrades, a new product rollout, and a broader rotation of capital into artificial intelligence-linked crypto assets. Network upgrade and Cobot launch ignited the rally A key driver behind the rally was the rollout of a major Allora network upgrade focused on improving scalability and system security across the decentralised intelligence layer. The upgrade coincided with the launch of Cobot, an AI-powered trading tool built on top of the Allora network.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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