Why does Ampleforth fall?

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Istom1n
Aug 26, 2020

Watching the DeFi liquidity for a long time, one could notice an initially stable growth of $AMPL token. But recently, the token has been steadily going down, as can be seen in this graph:

Data provided by Pools.fyi

This fall is due to the growth of Circulation, which is inversely proportional to the token price:

Also, it is noticeable by increasing the number of holders in Holder Distribution:

It is quite probable that in the nearest future this token should not be used for purchase and investment in liquidity.

AMPLDEFIETH
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Istom1n
Aug 26, 2020

Thanks for reading!

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Assets from this insight

Ampleforth logo

AmpleforthAMPL

$ 0.741571

8.34%in last 7d
Ethereum logo

EthereumETH

$ 345.61

10.13%in last 7d