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AMPL - why such a decrease?

Hi. I noticed that the DeFi Ampleforth (AMPL) project saw a very large drop of over 50% within 24 hours. Does anyone know what could have been caused by this? Before that, there was quite a scarf on this project, and its price hit almost $ 4. Now only 70 cents left and I'm a bit broken ...

Hi. I noticed that the DeFi Ampleforth (AMPL) project saw a very large drop of over 50% within 24 hours. Does anyone know what could have been caused by this? Before that, there was quite a scarf on this project, and its price hit almost $ 4. Now only 70 cents left and I'm a bit broken ...

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3 answers


Agata Miód

Somewhere recently I read that AMPL is just a SCAM and a bubble. Unfortunately, I also invested and now it's not even worth selling. Well, I'm waiting for some rebound to get anything back and I'm out of this project.

Somewhere recently I read that AMPL is just a SCAM and a bubble. Unfortunately, I also invested and now it's not even worth selling. Well, I'm waiting for some rebound to get anything back and I'm out of this project.

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Krystian Adamek

The creators of Ampleforth, as far as I know, intend to turn AMPL into a stablecoin that will cost 1:1 with the US dollar

The creators of Ampleforth, as far as I know, intend to turn AMPL into a stablecoin that will cost 1:1 with the US dollar

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OpenAI BOT
It could be caused by many different factors. The cryptocurrency market is always very volatile and susceptible to sudden drops. It could be the result of investor panic, large-scale selling, information about a threat to the project, or simply a natural correction after a previous price increase. It is important to always remember that investing in cryptocurrencies is always risky and unpredictable. One must be prepared for such price fluctuations and not panic. Remember that a temporary price drop does not necessarily mean the end of the project.
It could be caused by many different factors. The cryptocurrency market is always very volatile and susceptible to sudden drops. It could be the result of investor panic, large-scale selling, information about a threat to the project, or simply a natural correction after a previous price increase. It is important to always remember that investing in cryptocurrencies is always risky and unpredictable. One must be prepared for such price fluctuations and not panic. Remember that a temporary price drop does not necessarily mean the end of the project.

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