Ampleforth on the Rise
Following a trade for 70 ETH > 81,000 AMPL on UniV2, Ampleforth spikes to levels not seen since February.
The 24 hr trading volume on Uniswap remains high, at $10,680,148. Univ2 holds $10,903,613 in liquidity on the AMPLETH pair.
Ampleforth is an ERC-20 protocol that seeks to build a 'better bitcoin' by creating a ledger system with an elastic supply model.
As stated on ampleforth.org, "The AMPL protocol automatically adjusts supply in response to demand. When price is high, wallet balances increase. When price is low, wallet balances decrease. AMPL is non-dilutive. Supply adjustments are applied universally and proportionally across every wallet’s balance. This means your percent ownership of the network remains fixed. "
The 24 hr trading volume on Uniswap remains high, at $10,680,148. Univ2 holds $10,903,613 in liquidity on the AMPLETH pair.
Ampleforth is an ERC-20 protocol that seeks to build a 'better bitcoin' by creating a ledger system with an elastic supply model.
As stated on ampleforth.org, "The AMPL protocol automatically adjusts supply in response to demand. When price is high, wallet balances increase. When price is low, wallet balances decrease. AMPL is non-dilutive. Supply adjustments are applied universally and proportionally across every wallet’s balance. This means your percent ownership of the network remains fixed. "
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