Crypto Rank | Name | Current Price | 24h Price Change | Total Supply | Circulating Supply | |
---|---|---|---|---|---|---|
718 |
AMPL
![]() | $ 1.13 | + 3.78% | 35 868 582 | 32 951 875 | AI Insight |
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.