$FORTH (Ampleforth Governance Token) is the governance token of the Ampleforth ecosystem, which allows holders to vote on changes to the Ampleforth protocol, and can also delegate voting rights to representatives for voting. The main purpose of the FORTH token is to participate in the governance of the protocol, and holders can earn income through staking, providing liquidity, etc. 15 million FORTH tokens were minted at the time of its founding, of which 67% were allocated to the AMPL community and 33% were allocated to early supporters such as the core development team and consultants.
The current price of $FORTH is $3.23 USD, up 8.76% in 24 hours, with a circulating supply of 11,318,078 and a market value of approximately $36,562,193. FORTH's historical highest price record is $71.37 USD, while its historical lowest price is $1.98 USD. Investors holding FORTH can expect potential returns by participating in governance and community activities.
Investors should be aware of market volatility when considering investing in FORTH. The instability of the DeFi market may have a significant impact on the token price. The future value of $FORTH will depend on the development of the Ampleforth protocol and the participation of the community, as well as the overall trend of the DeFi field.