What would be the price of Ampleforth at the end of 2020 ?
Written by Sushanth Kumar Reddy Kura | Published 2 years ago | 2 min read
Demand for the fiat currencies is volatile. With the changing economic conditions like booms, recessions etc effect how much currency people want to hold.
In the case of the gold, silver and Bitcoin which have fixed supply the value depends on the demand. For this reason sudden shocks in demand can destabilize ecosystems supported by fixed supply assets.
Ampleforth (AMPL) was invented to overcome this issues. AMPL has the ability to fairly and automatically adjust its supply in response to demand, without any need for a bank. AMPL was designed to be the simplest direct solution to the supply in-elasticity problem.
Quick summary of Ampleforth:
Market Information ( as of 08/01/2020 )
- Circulating Supply : 766 Million
- Total supply : 373 Million
- Current Price : 1.18 $
Our Price Prediction:
As per our analysis, we expect at least a 30 percent increase in your portfolio by the end of 2020
Risk involved with investing in the Project :
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