AMPL

AmpleforthAMPL

Rank #370
Token
On 29,867 watchlists

Ampleforth Price (AMPL)

$1.12
3.45%

0.00004172 BTC0.69%

0.0006039 ETH1.28%

Low:$1.12
High:$1.17
24h
AMPL  Ampleforth AMPL
Price:
$1.1231
 3.45%
Market Cap
$51,695,999
3.45%
24h Volume / Market Cap
0.0024
Fully Diluted Market Cap
$443,998,920
3.45%
Volume
24h
$125,474
62.51%
CEX Vol
$109,937
DEX Vol
$15,536
Circulating Supply
46,031,113 AMPL
12%
Max Supply
395,345,189
Total Supply
46,143,293
Sponsored

Ampleforth to USD Chart

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AMPL to USD Converter

AMPL

Ampleforth

USD

United States Dollar

AMPL Price Statistics

Ampleforth Price Today
Ampleforth Price$1.1231
Price Change24h-$0.04017
3.45%
24h Low / 24h High
$1.1218 /
$1.1663
Trading Volume24h$125,474
62.51%
Volume / Market Cap0.002427
Market Dominance0.00%
Market Rank#370
Ampleforth Market Cap
Market Cap$51,695,999
3.45%
Fully Diluted Market Cap$443,998,920
3.45%
Ampleforth Price Yesterday
Yesterday's Low / High
$1.1598 /
$1.2179
Yesterday's Open / Close
$1.1645 /
$1.1612
Yesterday's Change

0.28%

Yesterday's Volume$340,983
Ampleforth Price History
7d Low / 7d High
$1.0507 /
$1.2179
30d Low / 30d High
$0.987 /
$1.2179
90d Low / 90d High
$0.987 /
$1.4886
52 Week Low / 52 Week High
$0.6868 /
$2.0669
All Time High
Jul 12, 2020 (3 years ago)
$4.0375

72.18%

All Time Low
Oct 31, 2019 (4 years ago)
$0.2945

281.29%

Ampleforth ROI

18.22%

Ampleforth Supply
Circulating Supply46,031,113 AMPL
Total Supply46,143,293 AMPL
Max Supply395,345,189 AMPL

AMPL to USD Converter

AMPL

Ampleforth

USD

United States Dollar

AMPL Price Live Data

The live Ampleforth price today is $1.12 USD with a 24-hour trading volume of $125,474 USD. We update our AMPL to USD price in real-time. Ampleforth is down 3.45% in the last 24 hours. The current CoinMarketCap ranking is #370, with a live market cap of $51,695,999 USD. It has a circulating supply of 46,031,113 AMPL coins and a max. supply of 395,345,189 AMPL coins.

If you would like to know where to buy Ampleforth at the current rate, the top cryptocurrency exchanges for trading in Ampleforth stock are currently Bitget, KuCoin, Gate.io, MEXC, and Bitfinex. You can find others listed on our crypto exchanges page.

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?

Ampleforth was founded by Evan Kuo, an experienced product manager and serial entrepreneur that holds a bachelor of science (BS) in mechatronics, robotics and automation engineering from UC Berkeley.

Kuo is described as an art and math lover, and has experience developing predictive auction products. He previously held the role of CEO at Pythagoras Pizza — a San Francisco-based pizza delivery service, but now holds the role of CEO at the Ampleforth Foundation — the development and management firm behind the Ampleforth protocol.

Besides Kuo, the Ampleforth Foundation team is almost entirely composed of engineers and includes ex-Uber and ex-Google senior software engineer Brandon Iles, who is also listed as co-founder of the project. As per its LinkedIn page, Ampleforth currently lists just over a dozen team members, the vast majority of which operate in the San Francisco Bay Area.

What Makes Ampleforth Unique?

Ampleforth is unique in that it aims to provide a truly non-correlated asset that can be used for diversifying cryptocurrency portfolios, as a reserve collateral for decentralized finance (DeFi) applications and eventually as an alternative to central-bank money that is resistant to shocks.

Ampleforth achieves this by using an entirely new system, which sees the circulating supply expand and contract in response to consumer demand, without diluting any individual stakeholder. Ampleforth believes that this property makes it suited as a new type of base money for the digital economy — similar to how gold was previously used as the base money to many fiat currencies prior to the dissolution of the Bretton Woods agreement.

Because the Ampleforth supply is unaffected by inflation or any other dilutive factors, it is uniquely positioned as an asset that is able to maintain its purchasing power against other assets. This makes it attractive as a hedge and as an alternative to fiat currencies suffering from rampant devaluation.

Read about Bitcoin (BTC)—the first-ever blockchain-based cryptocurrency

DAI is another stablecoin solution, which instead achieves its stability through the over-collateralization of altcoins.

Learn more about stablecoins with CoinMarketCap Alexandria

For the latest news, market updates, tricks, and tips, check out the CoinMarketCap blog

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

Unlike the vast majority of cryptocurrencies, Ampleforth does not have a fixed minimum or maximum supply. Instead, the number of AMPL tokens in circulation will continue to grow if the price stays above $1, whereas it will continue to shrink if it is below $1.

In addition to several private investment rounds, Ampleforth raised $4.9 million in an initial exchange offering (IEO) launched on Tokinex. As part of this sale, AMPL tokens were sold at $0.98 each.

Ampleforth initially launched with a circulating supply of 50 million tokens. According to the original transparency report, these tokens were allocated as follows: 23.2% to the ecosystem; 18.5% to seed investors; 3.3% to series A investors; 10% to Tokinex IEO participants; 25% to the Ampleforth team and advisors; and 20% to the treasury.

As per a more recent report (August 2020), the most notable changes to the supply distribution include ~42.5% of AMPL is now held by the community, while 23.5% is allocated to liquidity mining programs.

How Is the Ampleforth Network Secured?

As an ERC-20 token, Ampleforth is built on top of the Ethereum blockchain, and benefits from the strength and security that comes with its extensive node and miner network.

Beyond this, the integrity of the Ampleforth network is maintained by a decentralized network of oracles, which are used to feed in the price data used to determine whether there needs to be a positive or negative rebase.

Until December 2019, Ampleforth was previously the only oracle provider used to source market data, but it has since integrated Chainlink oracles for the same purpose — helping to avoid the centralization of oracle data. Now, data from multiple aggregators is used in the logic behind the rebase function.

Where Can You Buy Ampleforth (AMPL)?

Ampleforth tokens, sometimes known simply as amples, can be purchased and traded on well over a dozen cryptocurrency platforms against both other cryptocurrencies and fiat assets. As it stands, KuCoin is the most popular centralized exchange for AMPL, whereas Uniswap is the most popular decentralized exchange for AMPL.

If you’re looking to purchase AMPL or other cryptocurrencies with a credit or debit card, check out our simple guide to get started.

AMPL to USD Converter

AMPL

Ampleforth

USD

United States Dollar

AMPL Price Statistics

Ampleforth Price Today
Ampleforth Price$1.1231
Price Change24h-$0.04017
3.45%
24h Low / 24h High
$1.1218 /
$1.1663
Trading Volume24h$125,474
62.51%
Volume / Market Cap0.002427
Market Dominance0.00%
Market Rank#370
Ampleforth Market Cap
Market Cap$51,695,999
3.45%
Fully Diluted Market Cap$443,998,920
3.45%
Ampleforth Price Yesterday
Yesterday's Low / High
$1.1598 /
$1.2179
Yesterday's Open / Close
$1.1645 /
$1.1612
Yesterday's Change

0.28%

Yesterday's Volume$340,983
Ampleforth Price History
7d Low / 7d High
$1.0507 /
$1.2179
30d Low / 30d High
$0.987 /
$1.2179
90d Low / 90d High
$0.987 /
$1.4886
52 Week Low / 52 Week High
$0.6868 /
$2.0669
All Time High
Jul 12, 2020 (3 years ago)
$4.0375

72.18%

All Time Low
Oct 31, 2019 (4 years ago)
$0.2945

281.29%

Ampleforth ROI

18.22%

Ampleforth Supply
Circulating Supply46,031,113 AMPL
Total Supply46,143,293 AMPL
Max Supply395,345,189 AMPL