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Wrapped Ampleforth

Wrapped Ampleforth WAMPL Price $ 23.49

Rank: 928

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WAMPL Price

23.49
3.02%
(-$ 0.732)
Price Range
LowHigh
$ 23.09$ 24.34

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Description

WAMPL is a wrapped version of AMPL token

Wrapped Ampleforth (WAMPL) Chart

Wrapped Ampleforth price Index provides the latest WAMPL price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

WAMPL to USD Converter

Wrapped Ampleforth (WAMPL)WAMPL

WAMPL Price Statistics

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Market Cap

$ 14.63M

Fully diluted value

FDV

$ 234.93M

ATH Market Cap

$ 28.10M

24 Trade Vol.

$ 88.22K


Vol. (24h) / MCap

0.00603

Max Supply

WAMPL 10,000,000

Total Supply

WAMPL 622,544

Circulating Supply

WAMPL 622.54K

(6.23% of Max Supply)

Listing Date

17 Jan 2023

All Time High

$ 43.44

23 Mar 2024


All Time Low

$ 1.96

6 Sep 2023


From ATH

45.9%

From ATL

1,098%

What is Wrapped Ampleforth (WAMPL)?

Wrapped Ampleforth is a token that wraps AMPL similar to wrapped ETH. It facilitates ecosystem integrations on both centralized and decentralized platforms. In some cases Wrapped Ampleforth (WAMPL) will be used almost invisibly in the background for bridging, routing, custody, etc. In other cases WAMPL will be a direct access point for end users who want to take a position in the AMPL network, but don't immediately need to use it as a unit-of-account.

Key Benefits of Wrapped Ampleforth:

  • Fully Redeemable On-Chain — Wrapped AMPL is fully redeemable for AMPL on-chain
  • Zero Technical Integration — If your platform supports ERC-20 tokens, it will support WAMPL by default without any technical considerations
  • Easy to Understand — Users have come to expect that asset prices go up when there’s more demand and down when there’s less demand for it. WAMPL has this easy to understand property as well, which means there’s less initial education required. Users can gradually develop an understanding of AMPL through WAMPL
  • Non Rebasing — AMPL automatically adjusts the quantity tokens in user wallets based on demand. This key feature allows AMPL to act as a decentralized unit of account and DeFi building-block. However, the nature of changing balances breaks traditional assumptions for matching engines, custodians, etc. Wrapped-AMPL has a simple floating price. Although WAMPL cannot be used as a unit-of-account as AMPL can, it can be held by users and network and unwrapped on-the-fly as needed. 
  • Fixed Supply — The maximum total supply of WAMPL is 10 million tokens. Holding 100000 WAMPL is equivalent to holding 1% of the AMPL network. 
  • Network Effects Transfer — Because AMPL and WAMPL are fully redeemable for one another, the growth of the Ampleforth community and demand for AMPL translates directly to demand for WAMPLand vice-versa.

Ampleforth protocol is a set of instructions on the Ethereum blockchain that produces a decentralized unit of account called AMPL. The AMPL token is the primary building block of the Ampleforth Elastic Finance Ecosystem. It is used for lending & borrowing, for the creation of derivatives, and as collateral for a decentralized stablecoin.

Wrapped Ampleforth Price Today

Wrapped Ampleforth's current price is $ 23.49, it has dropped -3.02% over the past 24 hours.

Wrapped Ampleforth's All Time High (ATH) of $ 43.44 was reached on 23 Mar 2024, and is currently -45.9% down.

The current circulating supply of Wrapped Ampleforth is 622.54 Thousands tokens, and the maximum supply of Wrapped Ampleforth is 10.00 Million.

Wrapped Ampleforth’s 24 hour trading volume is $ 88.22 Thousands.

Wrapped Ampleforth's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 14.63 Million.

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