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https://www.ampleforth.org/
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Ampleforth (AMPL) Price
![](/media/cache/95/26/95267d89c8bb1b595fbf1a80f65c47f0.png)
AMPL
$1.065
Market cap
164,144,734.0
Total volume
780,632
Circulating supply
154,031,402
Total supply
179,904,622
This innovative form of smart commodity money is distinguished by its adaptive elastic supply mechanism. The quantity of AMPL adjusts based on its price fluctuations relative to a set $1 USD target. Any deviation from this benchmark triggers a daily recalibration of AMPL’s supply, either augmenting or diminishing the tokens distributed to each holder's wallet in a proportional manner. Unique in its functionality, Ampleforth sets itself apart by possessing this flexible supply feature, making it exhibit counter-cyclical trading tendencies and ensuring its lack of correlation with other cryptocurrencies, including Bitcoin.
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