Ampleforth
AMPL

1.048
$
9.62 %
Change 24h
Market Cap
$ 225,842,093
Volume 24h
$ 2,444,365
Circulating Supply
214,298,643
Total Supply
83,430,617
AMPL
$
# Exchange Pair Price Volume 24h

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.
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