Ampleforth (AMPL)

-0.91 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

1157472>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

59267063>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

46,160,328.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

56,762,363.70
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

0.00
Week Month Year All Time
High

Jan 19 2023

1.228367371682
-14.60%

Jan 10 2023

1.593859517003
-34.18%

Aug 14 2022

2.035717063249
-48.47%

Jul 13 2020

-74.36%
Low

Jan 19 2023

1.228367371682
-14.60%

Jan 14 2023

1.15883888325
-9.48%

Jun 19 2022

0.735384169918
42.65%

Nov 01 2019

568.82%

Market

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Ampleforth
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Coin Info

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!

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