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Why does Ampleforth fall?

@Istom1n
1 min read
26.08.2020
AMPL
DEFI
ETH

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.

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Featured in this Insight

Ethereum ETH

$ 3705.35
22.76%
in last 7d

Ampleforth AMPL

$ 1.362273
23.42%
in last 7d
AMPL
DEFI
ETH

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