Wrapped Ampleforth – Time To Buy Crypto

Is it a good time to buy Wrapped Ampleforth right now?

Current Price: $6.17

Average Daily Volume

Wrapped Ampleforth is currently ranked number 1180 worldwide with a daily trading volume of $17,254.81, which it will make it not so easy for you to sell your holdings of Wrapped Ampleforth.

Rating: 0/5

Market Cap

Wrapped Ampleforth has a total market cap of $5,884,957.00.

Rating: 0/5

Community

Wrapped Ampleforth has 45,508 total followers in all its social media accounts.

Rating: 0/5

All Time High

Wrapped Ampleforth is currently -88.65% from its highest price $54.43 on 2021-11-26.

Rating: 5/5

Price Potential

The Wrapped Ampleforth price has the potential to increase to $1,550.91 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Wrapped Ampleforth right now.

Overall rating: 2/5

How to buy Wrapped Ampleforth today?

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What Is Wrapped Ampleforth?

Why wAMPL?

wAMPL broadens access to AMPL and the larger Ampleforth ecosystem by introducing a perfectly composable ERC-20 token which makes platform integrations more simple, secure and fast. As the DeFi market continues to grow, wAMPL will expand on AMPL’s role as a key building block for denominating stable contracts via an independent, algorithmic unit of account.

wAMPL is to AMPL as wETH or wBTC are to ETH and BTC, respectively. It’s a wrapped ERC20 token that is 1:1 redeemable for AMPL. Unlike AMPL, the wAMPL does not rebase and maintains a floating price.

wAMPL unlocks new technical integrations and expanded opportunities to access the Ampleforth ecosystem. Even with historic gas prices that make Ethereum-based transactions prohibitively expensive for many, the AMPL community has continued to grow in terms of both wallets and TVL. Thanks to wAMPL, the community will now have much more flexibility in how and where they deploy their AMPL.

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