Ampleforth is issued on 1 platform(s)
|Source||Price (USD)||Market Cap||Total Supply||Circulating Supply||24h Vol|
|Coin Market Cap||1.186||$251.6M||327.4M||$212.2M||$7.5M|
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.