CryptoCurrencies
3300
 Total Market Cap
910,716,985,987
 Volume 24h
38,811,345,983
 Dominance
BTC 56.82%   ETH 24.38%   USDT 9.15%   STETH 1.45%

Ampleforth
AMPL

1.050
$
0.17 %
Change 24h
Market Cap
$ 25,330,600
Volume 24h
$ 574,806
Circulating Supply
24,121,900
Total Supply
367,909,000
AMPL
$
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.