Ampleforth AMPL
AMPL
1.042
$
0.97 %
Change 24h
Market Cap
$ 24,753,865
Volume 24h
$ 96,161
Circulating Supply
23,706,746
Total Supply
29,512,812
AMPL
$
| # | Exchange | Pair | Price | Volume 24h |
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Description
Ampleforth is a digital-asset-protocol for smart commodity-money.
The smart commodity money with a unique elastic supply protocol. AMPL supply expands and contracts in response to it’s price deviating from a 1 USD target. Deviations result in a supply change of AMPLs once every 24 hours, increasing or decreasing the number of tokens in each holder’s wallet pro-rata. Ampleforth is the only asset in the world with this elastic supply property, and therefore has counter-cyclical trading pressure and is uncorrelated with other digital assets such as Bitcoin.