Bolide Banner

Ampleforth (AMPL)

667 Articles 37,517 Followers

Ampleforth (AMPL) is a digital asset, intended to act as a synthetic commodity, similar to Bitcoin and gold. The project gets its name from a character in George Orwell’s novel, 1984.

Founded by Brandon Iles and Evan Kuo, Ampleforth was designed to overcome some of the shortcomings held by assets in the cryptocurrency market, namely their volatile nature. The network’s use of a price-supply equilibrium algorithm is unique, taking into account both supply and price to reach an equilibrium that changes a holder’s supply, but not the price of the token.

While this may suggest that Amples are stablecoins and remain stable in value, they are indeed not. Ampleforth’s whitepaper covers how new baselines in token prices are reached over a period of time. The essence of this idea is that the supply of Ampleforth tokens contract or expand according to demand. The team states that this applies countercyclical pressure and keeps the price stable for long runs.

However, Ampleforth’s resistance to volatility is only one of the positive outcomes from its technical architecture, which the team states will also support medium and long term uses of acting as reserve collateral in decentralized banks and act as an alternative to central bank money, in addition to the short term use as a synthetic commodity digital asset.

Many of the project’s team members are former employees of some of Silicon Valley’s biggest companies, including Google and Uber, and graduates from Yale and Berkeley.

Learn more about Ampleforth (AMPL) here, including news, price predictions, opinions and analyses created by users.

New launchpool !!

11 Mar 2022 1 minute read 0 comments MattiG

As usual, Bybit launches a new launchpool, this time of SOUNI's native SON cryptocurrency token, a fantasy 3d game created from the Binance smart chain. This pool will offer 136,000,000 tokens, which will be distributed for 7 days until March 14, th...

Should you hold Ampleforth?

10 Mar 2022 1 minute read 2 comments SpartanCrypto

InvestorsObserver, a popular token-evaluating platform, has given the Ampleforth token a low risk rating. The proprietary scoring algorithm calculates the amount of money needed to shift the price in the previous 24 hours. The statistic evaluates how...

Statera and Ampleforth Performance Review

7 Mar 2022 1 minute read 1 comment Steve Hodl

I've recently added Statera and Ampleforth to my portfolio and have started to track their performance.  I thought I would share that with you today.  Statera Statera is a smart contract-powered IDT (Indexed Deflationary Token) based on the Fantom pl...

My Publish0x 2nd Anniversary - How did I transformed sarcasm and lack of knowledge into success?

3 Mar 2022 3 minute read 30 comments PVMihalache

Celebrating my Publish0x 2nd Anniversary  Two years ago I had no clue how this new journey will unwrap. If to years ago you told me I would become one of the top crypto writers on a top crypto writer platform I would laugh so hard because back then I...

ETH, AMPL and ADA | Chart Analysis | Trying To Break the Major Resistence | 03 MAR

3 Mar 2022 1 minute read 0 comments Joao16

For more content like this tip me if you can! thank u :)   Ethereum Analysis When some crypto does a big bar one day and the next day does a doji day the third day has to be another big bar day which obviously didn't happen. But why do I say this? Be...

ETH, AMPL and ADA | Chart Analysis | The Rejection Happen | 24 FEB

24 Feb 2022 1 minute read 4 comments Joao16

For more content like this tip me if you can! thank u :)   Ethereum Analysis ETH is right now testing a big support 2600$ (EMA500) and currently rejecting 2800$ this could mean lower values can come in the next days but we have to loook very careful...

ETH, AMPL and ADA | Chart Analysis | BEARISH REJECTION | 18 FEB

18 Feb 2022 1 minute read 4 comments Joao16

For more content like this tip me if you can! thank u :)   Ethereum Analysis Like BTC ethereum reject EMA56 again and is now ready for another drop of value but this time there is a bigger chance for ETH to break the most important support 1800$, but...

BTC, ADA, ETH and AMPL | Chart Analysis | BTC is gonna go to 40k and ADA is not even Trying to go up | 10 FEB

10 Feb 2022 1 minute read 6 comments Joao16

For more content like this tip me if you can! thank u :)     Bitcoin Analysis BTC is currently testing EMA99, trying to hold above EMA56 and trying to break 0.618 of FIB retracement. Two days ago Reject EMA99 (45K) But manage to stay above 43k, for m...

What the New Federal Reserve Stablecoin Report Means for the Crypto Space

3 Feb 2022 5 minute read 4 comments Zacharias

  3 February 2022: Stablecoins have been a center focus of federal investigations recently as adoption of different coins like Tether (USDT) and US Dollar Coin (USDC) have exploded since 2020. Stablecoins not only provide a "safe haven" for investors...

RekTimes Top 10 Cryptocurrency Rankings | Februrary 2022

2 Feb 2022 6 minute read 12 comments Zacharias

February 2022 - Top Ten Cryptocurrencies Rankings 1 February 2022: Welcome to February! The RekTimes Top 10 rankings are officially back with some slight modifications. Below are ten identified projects that not only adhere to the new guidelines but...