Ampleforth (AMPL) Price
AMPL RANK #1719The price of Ampleforth (AMPL) is calculated in real-time by aggregating the latest data across 3 exchanges and 4 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. 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. The token parameters are govered by a DAO. The proposals in the DAO are voted by FORTH token holders, the governance token for the Ampleforth protocol.
