💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
💟 Market Health (October-15) After a wave of good news about the DeFi, NFT and Fan token markets, buying power has returned to the market now. The current money is flowing strongly into the platform coins and this will help the market to stand stable in the near term. Let's keep accumulating coins and waiting for their pump
Ampleforth Governance Token (FORTH) is the native ERC-20 governance token of Ampleforth (AMPL), which is an algorithmic stablecoin with a fluctuating supply. FORTH will be used to vote on upgrades and changes of protocol parameters.
FORTH is an inflationary token that can be directly utilized or delegated to propose and vote on changes to the Ampleforth protocol. Token holders may decide to delegate their votes to representatives who will utilize the voting power on their behalf.
15 million FORTH have been minted at genesis and are available to be claimed by the community, participants and key contributors. The initial supply will be available immediately, and future inflation will be set at 2 percent annually. The allocation of FORTH token to the Ampleforth ecosystem will be distributed as follows:
67% of FORTH to the AMPL community.
33% of FORTH to early backers (e.g., the core development team, advisors, supporters and the Ampleforth Foundation).
Learn more about the token distribution of FORTH tokens here.
As at April 23rd 2021, the total supply of FORTH is 15,000,000 and the current circulating supply is 3,844,920 (25.6%).