AMPL

Ampleforth price
AMPL
#782

$1.33  

0.56% (1d)

Ampleforth to USD Chart

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Ampleforth statistics

Market cap
$37.57M

0.56%

Volume (24h)
$1.82M

10.29%

FDV
$207.78M
Vol/Mkt Cap (24h)
4.84%
Total supply
156.35M AMPL
Max. supply
--
Circulating supply
28.27M AMPL
AMPL to USD converter
AMPL
USD
Price performance
24h 
Low
$1.29
High
$1.36
All-time high
Jul 12, 2020 (4 years ago)
$4.04
-67.09%
All-time low
Oct 31, 2019 (5 years ago)
$0.2945
+351.17%
See historical data


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About Ampleforth

What Is Ampleforth (AMPL)?

Ampleforth is an Ethereum-based cryptocurrency with an algorithmically adjusted circulating supply. It is designed to be the base money of the new decentralized economy, by providing an asset that cannot be diluted by supply inflation and remains decoupled to the price action of other cryptocurrencies—and Bitcoin (BTC) in particular.

With Ampleforth, token holders own a fixed fraction of the total AMPL circulating supply, rather than a fixed number of tokens. When the protocol detects that the price of AMPL is too high, it increases the circulating supply, whereas the supply is decreased if the price is too low.

This change is propagated to all Ampleforth wallets, which have their wallet balance adjusted proportionally. Irrespective of this change, AMPL holders will still retain the same percentage of the token supply.

This automatic supply adjustment process is known as a “rebase” and occurs once each day, with a positive rebase if the price goes above $1.06, and a negative rebase if it is below $0.96. The overall goal of the system is to create incentives that drive the market price of AMPL back to ~$1.

Who Are the Founders of Ampleforth?

What Makes Ampleforth Unique?

How Many Ampleforth (AMPL) Coins Are There in Circulation?

How Is the Ampleforth Network Secured?

Where Can You Buy Ampleforth (AMPL)?

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