Ampleforth (AMPL) Price

Name: Ampleforth
Brand: Cryptocurrency
SKU: AMPL
Price: 1.22 USD
Availability: InStock
Rating: 4,4 (10 reviews)

AMPL

Ampleforth

4,4

★

$1.22

-1.93%

Today's Current Price in US Dollar

Market cap

38,594,499.0

Total volume

101,487

Circulating supply

31,699,641

Total supply

36,576,691

Buy / Long

Sell / Short

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.

Homepage: https://www.ampleforth.org/
Twitter: ampleforthorg
Telegram: Ampleforth