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Ampleforth is a digital-asset protocol that makes use of unique token distribution and production design such that it adjusts the value of its native AMPL cryptocurrency as per its market demand at any given point. So for example, when there is more consumer demand for AMPL, the system automatically starts to increase the overall supply of the token and vice versa. And while on paper, AMPL seems to serve the exact same function as various stablecoins much like USDT, USDC — since it always maintains its value in relation to the American dollar — it bears mentioning that the token is not backed by any fiat asset nor is its value supported by a crypto-pegged currency such as MakerDAO’s DAI stablecoin. Ampleforth was listed on the AAVE's lending platform in late July, 2021, leading to a large jump in the price of the token.
Ampleforth (AMPL) is the 357th largest cryptocurrency in the world by market cap, valued at $122,067,951. The current price of Ampleforth is $0.86173, which is -1.061% lower than yesterday. Prices have ranged between $0.919667 and $0.844566 over the past 24 hours. All prices are listed in US dollars and accurate as of January 24, 2022 08:01 UTC.
| Coin symbol | AMPL |
|---|---|
| Coin Marketcap | US$122,067,951 |
| Total AMPL supply | 143,797,632 |
| Circulating AMPL | 141,906,710 |
| Current price | US$0.86173 |
| All time high | US$4.07 |
| Notable team members | Evan Kuo, Brandon Iles |
| Partnerships | NEAR, Polkadot, TRON, Compound Finance, Chainlink |
| Industry | Stablecoins |
| Token uses | Cryptocurrency |
| Network | Ethereum |
Historical prices compared with the price of US$0.86173.
| 1 hour | -0.66% |
|---|---|
| 24 hours | -1.06% |
| 7 days | -17.20% |
| 14 days | 18.55% |
| 30 days | -6.01% |
|---|---|
| 60 days | -19.13% |
| 200 days | -10.02% |
| 1 year | -8.22% |
Disclaimer: Cryptocurrencies, including Ampleforth, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of AMPL is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Ampleforth or any other cryptocurrency discussed.