Altcoin Price, Ampleforth, amplusd, DeFi, ethbtc, ethereum, ethusd

Ethereum DeFi’s Ampleforth (AMPL) Drops 20% Despite “Whale” Accumulation

Ampleforth (AMPL) has been one of the top-performing cryptocurrencies over the past month. The asset, whose long-term price performance is measured by its market capitalization rather than its nominal price, gained ~5,000% in July. The asset has seen a steep correction over the past week as the focus of crypto investors has been on Bitcoin and Ethereum. After a recovery, AMPL is dropping once again. This drop comes in spite of positive on-chain and social […]

altcoin, amplbtc, Ampleforth, amplusd, amplusdt, Analysis, Crypto, decentralized finance, DeFi, Technical

How the Ethereum-Based Ampleforth’s 50% Crash Shows DeFi Investing Risks

The DeFi craze may have finally gone too far, leading investors into disaster as some top industry analysts had forewarned. Ampleforth, an altcoin that recently flash pumped by over 700,000%, just collapsed by over 70% wiping out investor’s gains and then some. The fast rise followed by an abrupt crash underscores the potential downside risk […]

Altcoin Price, AMPL, Ampleforth, amplusd

Ampleforth (AMPL) Freefalls After Breaking Below $1; Will it Continue Dropping?

Ampleforth is currently caught in the throes of an intense downtrend that has caused it to decline significantly This comes as its economic structure begins having adverse impacts on its price action Analysts are widely noting that this sort of price decline is essentially by design, due to its elastic circulating supply Despite being designed to trade around $1 – a level that it has since broken below – it may not see a sharp […]

amplbtc, Ampleforth, amplusd, Analysis, Crypto, DeFi, FTX, Technical

What In The World Caused A 700,000% Flash Pump In Ampleforth?

In a flash, Ampleforth, yet another DeFi project vying for its share of the booming market, just experienced a 700,000% pump on crypto platform FTX. Minutes later, the asset crashed right back down a full 99.99%, leaving some traders scratching their heads, and a lucky few wealthy. Ampleforth Makes Investors Rich in a 700,000% Flash […]