Ampleforth (AMPL) Price Tops $1.25 on Exchanges

Ampleforth (AMPL) traded 0.7% lower against the U.S. dollar during the 1-day period ending at 13:00 PM E.T. on January 28th. In the last week, Ampleforth has traded up 7.8% against the U.S. dollar. Ampleforth has a total market cap of $14.16 million and approximately $14.51 thousand worth of Ampleforth was traded on exchanges in the last day. One Ampleforth token can now be bought for approximately $1.25 or 0.00001388 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 1.9% against the dollar and now trades at $89,480.95 or 0.99249004 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.5% against the dollar and now trades at $88,748.55 or 0.99468544 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Ampleforth Profile

Ampleforth’s launch date was February 13th, 2018. Ampleforth’s total supply is 11,312,077 tokens and its circulating supply is 11,312,076 tokens. The official website for Ampleforth is www.ampleforth.org. Ampleforth’s official Twitter account is @ampleforthorg and its Facebook page is accessible here. The official message board for Ampleforth is blog.ampleforth.org. The Reddit community for Ampleforth is https://reddit.com/r/ampleforthcrypto and the currency’s Github account can be viewed here.

According to CryptoCompare, “AMPL is an ERC-20 token that functions as a decentralised unit of account within the Ampleforth protocol. Unlike fixed-supply tokens, AMPL uses an elastic supply mechanism to adjust the quantity of tokens in user wallets based on market demand. The token targets the value of a 2019 USD adjusted for inflation, with supply rebasing daily to help stabilise its long-run average price. This approach allows AMPL to maintain purchasing power over time without relying on collateral, central banks, or market makers. AMPL is used in decentralised lending, borrowing, and derivative creation, and can serve as collateral for decentralised stablecoins. While users experience supply volatility, contracts denominated in AMPL aim to remain predictable in value over time. The token is governed through the FORTH DAO.”

Ampleforth Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Ampleforth directly using US dollars. Investors seeking to trade Ampleforth should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ampleforth using one of the aforementioned exchanges.

AMPL/USD price chart by TradingView