12/22/2024
BTC96,913.0
ETH3,911.51
USDT0.9999
XRP2.43
SOL225.51
BNB659.88
DOGE0.31367
USDC1.001
BUSD0.994955

Ampleforth (AMPL) Price

AMPL
4,4
$1.055
Market cap
199,824,527.0
Total volume
2,556,649
Circulating supply
190,746,413
Total supply
216,557,986
Ampleforth stands as a pioneering protocol for digital asset, focusing on the concept of smart commodity-money.

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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