Why Can AMPL Be a Good Option for Your Investment Portfolio?

What is AMPL?

AMPL, or Ampleforth, is an algorithmic coin that adjusts the circulating supply automatically. So, instead of holding a specific number of coins, the AMPL holders hold a specific fraction of tokens available in circulation.

It is believed that AMPL cannot be impacted by inflation. When the token price grows, the protocol releases more tokens and thus, adjusts the price. The changes are propagated to all Ampleforth wallets. AMPL can be swapped for more than 2,300 coins and tokens on LetsExchange.io.

What are the main market indicators of the token?

The project was launched in 2018. The total market capitalization of AMPL is $54,488,368, with an all-time low of $0.2945, and an all-time high of $4.04. Now the project is ranked 391. Now, the AMPL token is available for swaps on LetsExchange.io.

What else makes us believe that AMPL may be a wise investment?

The project is working on creating a decentralized infrastructure that is supposed to lay the foundation for a new digital economy.

This inflation-resistant store-of-value protocol may be the future of finance. Thus, investing in it at an early stage may be a wise decision.

The Ampleforth website is visited by over 5.5К visitors. The project has over 38K followers on Twitter and 7K of followers on Telegram.