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What is Ampleforth (AMPL)?

Ampleforth basic info

Name:Ampleforth
Ticker:
Introduction:

What is Ampleforth (AMPL)?

Ampleforth is a unique Ethereum-based cryptocurrency that utilizes an algorithmically adjusted circulating supply to provide a stable base money for the new decentralized economy. Unlike other cryptocurrencies, such as Bitcoin, Ampleforth is designed to remain decoupled from other cryptocurrencies' price action and avoids supply inflation to keep its asset value intact.

With Ampleforth, token holders own a fixed fraction of the total AMPL circulating supply, which is adjusted automatically through a daily process called a "rebase." If the protocol detects that the price of AMPL is too high, it increases the circulating supply, whereas the supply is decreased if the price is too low. This ensures that AMPL holders retain the same percentage of the token supply, irrespective of any changes in supply.

The goal of this automatic supply adjustment process is to create incentives that drive the market price of AMPL back to around $1. This innovative technology is set to revolutionize the cryptocurrency industry, and Ampleforth is at the forefront of this journey towards a more decentralized and stable future economy.

Who are the Founders of Ampleforth?

Evan Kuo, the founder of Ampleforth, holds a bachelor's degree in mechatronics, robotics and automation engineering from UC Berkeley. Kuo is known for his love of both art and mathematics, and has experience developing predictive auction products. Prior to his role as CEO at Ampleforth Foundation, Kuo served as CEO of Pythagoras Pizza, a San Francisco-based pizza delivery service. The Ampleforth Foundation team is made up almost entirely of engineers, including co-founder Brandon Iles, who is a former senior software engineer at Uber and Google. As per its LinkedIn page, Ampleforth currently has just over a dozen team members, with the vast majority based in the San Francisco Bay Area.

What Makes Ampleforth Unique?

One of the things that sets Ampleforth apart from other cryptocurrencies is its focus on providing a non-correlated asset that can be used to diversify portfolios, serve as a reserve collateral for decentralized finance (DeFi) applications, and even potentially replace central-bank money that is resistant to shocks. The way that Ampleforth achieves this is through a unique system where the circulating supply expands and contracts in response to consumer demand, without diluting individual stakeholder value. Ampleforth believes that this makes it a perfect candidate to serve as a new type of base money for the digital economy, similar to how gold was used as the base money for many fiat currencies before the Bretton Woods agreement was dissolved. Thanks to its non-inflationary properties, Ampleforth is able to maintain its purchasing power against other assets, making it an attractive hedge and alternative to fiat currencies that are suffering from devaluation.

How Is the Ampleforth Network Secured?

Ampleforth is an ERC-20 token that utilizes the security and reliability of the Ethereum blockchain. To ensure its integrity, a decentralized network of oracles is employed to supply price data that determines whether there should be a positive or negative rebase. Previously, Ampleforth was the sole oracle provider, but it has integrated Chainlink oracles to prevent data centralization. The rebase function now relies on data from multiple aggregators.

Conclusion

As with any investment, it's important for potential users and investors to conduct their research and due diligence before engaging with Ampleforth or any other cryptocurrency. This article aims to provide a general overview of Ampleforth and its unique features without endorsing or promoting the cryptocurrency. It's always recommended that readers conduct thorough research and seek professional advice before making any investment decisions.

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Current price:
All-time high:$4.04
All-time low:$0.2945

AMPL supply and tokenomics

Circulating supply:28,274,494 AMPL
Total supply:127,361,103.94 AMPL
Max supply:0 AMPL
Market cap:$34.28M
Fully diluted market cap:$154.41M
Token allocation:
Team & Advisors
25.00%
Ecosystem
23.20%
Treasury
20.00%
Seed Investors
18.50%
Initial Exchange Offering
10.00%
Series A Investors
3.30%
Tokenomics:

Uniqueness

Ampleforth is unique in that it aims to provide a truly non-correlated asset that can be used for diversifying cryptocurrency portfolios, as a reserve collateral for decentralized finance ( DeFi ) applications and eventually as an alternative to central-bank money that is resistant to shocks.

Ampleforth achieves this by using an entirely new system, which sees the circulating supply expand and contract in response to consumer demand, without diluting any individual stakeholder. Ampleforth believes that this property makes it suited as a new type of base money for the digital economy — similar to how gold was previously used as the base money to many fiat currencies prior to the dissolution of the Bretton Woods agreement.

Because the Ampleforth supply is unaffected by inflation or any other dilutive factors, it is uniquely positioned as an asset that is able to maintain its purchasing power against other assets. This makes it attractive as a hedge and as an alternative to fiat currencies suffering from rampant devaluation.

Links

Buy Ampleforth for $1Buy AMPL now

What is the development prospect and future value of AMPL?

The market value of AMPL currently stands at $34.28M, and its market ranking is #741. The value of AMPL is not widely recognized by the market. When the bull market comes, the market value of AMPL may have great growth potential.

As a new type of currency with innovative technology and unique use cases, AMPL has broad market potential and significant room for development. The distinctiveness and appeal of AMPL may attract the interest of specific groups, thereby driving up its market value.

What will the price of AMPL be in 2025?
Based on AMPL's historical price performance prediction model, the price of AMPL is projected to reach $1.6 in 2025.
What will the price of AMPL be in 2030?
In 2030, the AMPL price is expected to change by -14.00%. By the end of 2030, the AMPL price is projected to reach $1.63, with a cumulative ROI of +38.26%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of AMPL and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is AMPL worth investing or holding? How to buy AMPL from a crypto exchange?

If you want to buy AMPL, the following information may be helpful for your investment decisions:
In the last seven days, the price of AMPL has risen by 6.51%, leading to positive returns for most AMPL investors. The market is currently optimistic about the price trend of AMPL.
It is important to note that the current price of AMPL has retreated by -69.97% from its all-time high. This coin is currently considered medium-risk, and its price may rebound or continue to fall.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether AMPL is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in AMPL or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of AMPL, if you want to buy or sell AMPL, you can consider Bitget for your trading needs. The best place to buy AMPL is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Ampleforth has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Ampleforth. Here's a step-by-step guide on how to buy Ampleforth on Bitget.

How to get Ampleforth through other methods?

Using cash to buy Ampleforth is not the only way to obtain Ampleforth. If you have the time to spare, you can get Ampleforth for free.
Learn how to earn Ampleforth for free through the Learn2Earn promotion.
Earn free Ampleforth by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Ampleforth airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Ampleforth through Bitget Convert, Bitget Swap, or spot trading.

What is Ampleforth used for and how to use Ampleforth?

The use case of Ampleforth may expand as the crypto market and the project itself develop. Currently, you can use AMPL to achieve the following goals:
Arbitrage by trading AMPL: Since AMPL is a frequently traded cryptocurrency, the price of AMPL is always fluctuating. Earn more AMPL by buying low and selling high on the exchange. Bitget spot market provides a variety of AMPL trading pairs to fully meet your needs.
Earn by staking AMPL: You can also generate income through financial management methods such as staking AMPL or lending AMPL. Bitget Earn offers a variety of financial products designed to help you earn more income from your AMPL.
Send or pay AMPL: If you want to give AMPL to your friends, a charity, or a fundraiser, or you want to pay someone with AMPL, you can quickly and easily send AMPL to the recipient through their payment address.
You can also go to the official website of the Ampleforth project to learn more about the use cases of AMPL. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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