Ampleforth (AMPL) Trading Up 0.4% Over Last Week

Ampleforth (AMPL) traded 5% higher against the U.S. dollar during the 24 hour period ending at 13:00 PM ET on February 1st. One Ampleforth token can now be purchased for approximately $1.16 or 0.00001484 BTC on cryptocurrency exchanges. Ampleforth has a total market capitalization of $12.31 million and approximately $34.91 thousand worth of Ampleforth was traded on exchanges in the last day. Over the last week, Ampleforth has traded up 0.4% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over 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 down 2.2% 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 10.5% lower against the dollar and now trades at $78,474.12 or 0.99372946 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 2% lower against the dollar and now trades at $77,344.46 or 0.99066055 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Ampleforth

Ampleforth’s launch date was February 13th, 2018. Ampleforth’s total supply is 10,630,914 tokens and its circulating supply is 10,630,913 tokens. Ampleforth’s official website is www.ampleforth.org. 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. 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 presently possible to buy alternative cryptocurrencies such as Ampleforth directly using U.S. dollars. Investors seeking to acquire Ampleforth should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ampleforth using one of the aforementioned exchanges.

AMPL/USD price chart by TradingView