There's been a lot of noise and accusations thrown at Alloca these past few days, and we could go around back and forth into endless X posts of Discord messages, but we decided to push a public statement here with the facts, and afterwards we will host a public AMA here on X.
Here are the facts:
• The team has not sold a single token, as the team has their tokens LOCKED.
• All selling pressure came from airdrop distributions, buzz-drop rewards and early investor unlock schedules, all publicly stated from day one.
• Our market maker also spent ~$250k supporting the chart in the first 24h, and those tokens have now been burned permanently.
We didn't slow rug, hide unlocks, delay listings for months or launch a low float high FDV illusion.
We launched on time and transparently, even though it meant facing the market as it is, with fear, low volume and low demand across the entire ecosystem.
Could we have postponed like many projects do? Yes.
But people have already waited nearly two years for mainnet, all of this while we built and had investors around us, and delaying further would have been an even bigger mess.
Could we have launched low float and shown an inflated market cap? Also yes. But that model locks investors for years and fakes valuation, another industry-standard gimmick we refused to play.
We chose the hard path:
Real supply, real distribution, real market discovery.
Mistaking price volatility for malicious intent is unfair to the builders who are here every day shipping, delivering and pushing this ecosystem forward. We have been doing this for 2 years.
All locks, vesting schedules and allocations are live and transparent. No hidden wallets. No stealth sells. No shady activity.
If we planned to rug, we wouldn’t be here explaining, building, delivering and burning tokens to support our holders and our community.
We're here for the long game. We had a few hiccups, but we always kept our community first mindset strong.
The FUD will fade, our work won't. And being here now, and in a few years from now will be a testament of our work.
Memecoin launchpad goes live tomorrow.
More Chad Sales and tiered access coming for token holders. Internet Capital Markets coming.
Our FREE Molandaks mint will continue to benefit from everything that we do, Purple Friends airdrop is upcoming in the near future.
a lot more new things that will be disclosed soon.
We keep building.
Bear or bull, we aren’t leaving.
What questions do you have for us?
Shoot them by replying to this post, and even join us on stage on Monday and ask them yourself directly to us.