Ampleforth

Ampleforth

amplRank #1970
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Market Data

Ampleforth Price
$1.32
Ampleforth 24h Change
-4.27%
Ampleforth 7d Change
+6.19%
Ampleforth Market Cap
$3.42M
Ampleforth 24h Volume
$824.61
Ampleforth FDV
$3.65M
Ampleforth Circulating Supply
2,596,174
Ampleforth All-Time High
$4.07

About Ampleforth

Ampleforth (AMPL) is a digital asset protocol for smart commodity money with a unique elastic supply mechanism. Unlike traditional stablecoins, AMPL's supply expands or contracts daily in response to price deviations from its target (the CPI-adjusted 1 USD). This rebase process automatically adjusts the number of tokens in every holder's wallet pro-rata, aiming to return the price to its peg. As a decentralized unit of account and collateral asset, AMPL is designed to be uncorrelated with other digital assets like Bitcoin.

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