Market Cap | |
---|---|
24 Hour Trading Vol | |
Fully Diluted Valuation | 906.03 B |
Circulating | 203,243,990.00 |
Total Supply | 231,403,512.70 |
Max Supply | 0.00 |
Week | Month | Year | All Time | |
---|---|---|---|---|
High |
15-12-2024 1.21
0.00%
|
07-12-2024 1.685623355532
-28.22%
|
19-03-2024 2.268129297191
-46.65%
|
13-07-2020 ₹5,730,800.59
-70.31%
|
Low |
15-12-2024 1.186436906765
1.99%
|
27-11-2024 1.160242309775
4.29%
|
08-07-2024 0.868867964093
39.26%
|
01-11-2019 ₹5,628.29
674.71%
|
Sr. | Exchange | Pair | Price | Spread | Volume | Volume% | Confidence | Last Traded | Trust Score |
---|
Price | Market Cap | Volume | Date |
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Ampleforth is a cryptocurrency that is based on Ethereum and has a circulating supply that is set by an algorithm. It is meant to be the base money of the new decentralised economy. It does this by giving people an asset that can't be diluted by supply inflation and doesn't move in price with other cryptocurrencies, especially Bitcoin (BTC). With Ampleforth, token holders don't own a set number of tokens, but rather a fixed share of the total number of AMPL tokens in circulation. When the protocol sees that the price of AMPL is too high, it increases the amount of AMPL in circulation. If the price is too low, the amount of AMPL in circulation goes down. This change is sent to all Ampleforth wallets, and each wallet's balance is changed in the same way. Even with this change, AMPL holders will still have the same share of the total number of tokens. This automatic change to the supply is called a "rebase," and it happens once a day. If the price goes above $1.06, it's a positive rebase, and if it goes below $0.96, it's a negative rebase. The overall goal of the system is to create incentives that bring the market price of AMPL back to about $1. To know more about the Ampleforth price prediction, install the top cryptocurrency app CoinGabbar today!