Ampleforth (AMPL) Market Capitalization Reaches $123.73 Million

Ampleforth (CURRENCY:AMPL) traded 5.4% higher against the US dollar during the twenty-four hour period ending at 23:00 PM Eastern on July 21st. During the last week, Ampleforth has traded 8.6% higher against the US dollar. Ampleforth has a total market capitalization of $123.73 million and approximately $6.45 million worth of Ampleforth was traded on exchanges in the last day. One Ampleforth coin can currently be bought for about $1.06 or 0.00003325 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00003133 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Chainlink (LINK) traded 9.4% higher against the dollar and now trades at $15.22 or 0.00047664 BTC.
  • Polygon (MATIC) traded 24.2% higher against the dollar and now trades at $0.87 or 0.00002716 BTC.
  • Dai (DAI) traded 0% lower against the dollar and now trades at $1.00 or 0.00003136 BTC.
  • THETA (THETA) traded 13.3% higher against the dollar and now trades at $4.26 or 0.00013360 BTC.
  • Aave (AAVE) traded up 16.4% against the dollar and now trades at $261.74 or 0.00819899 BTC.
  • botXcoin (BOTX) traded 0.8% lower against the dollar and now trades at $2.05 or 0.00006427 BTC.
  • Crypto.com Coin (CRO) traded up 5.6% against the dollar and now trades at $0.11 or 0.00000340 BTC.

About Ampleforth

Ampleforth is a coin. It launched on February 13th, 2018. Ampleforth’s total supply is 163,936,468 coins and its circulating supply is 116,555,798 coins. The Reddit community for Ampleforth is /r/ampleforthcrypto and the currency’s Github account can be viewed here. Ampleforth’s official website is www.ampleforth.org. The official message board for Ampleforth is www.ampleforth.org/#. Ampleforth’s official Twitter account is @ampleforthorg and its Facebook page is accessible here.

According to CryptoCompare, “Ampleforth is a digital-asset-protocol for smart commodity-money. The Ampleforth protocol receives exchange-rate information from trusted oracles and propagates that to holders of its units (Amples) by proportionally increasing or decreasing the number of tokens each individual holds. For traders, these changes in exchange-rate and quantity translate into changes in Ample’s market capitalization. Traders with short time horizons, especially those using automated or algorithmic approaches, will thus have to devise new strategies to trade Amples. Ultimately, unique trader behavior in response to the protocol’s incentives is expected to produce a step-function-like movement pattern with lower correlation to Bitcoin than existing digital assets. This makes Amples uniquely suited for the following near, medium, and long term uses. “

Buying and Selling Ampleforth

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

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