Recently, the price of one stablecoin has surged.
Investors who entered the market two months ago have made huge profits.
This stablecoin is AMPL. It rose from $1 to a high of $2.48 and has now started to fall back, currently at $1.85.
The increase doesn’t seem to be big, so why do you make so much?
This is because AMPL has a unique feature. When the price is higher than a certain level, inflation will be triggered, tokens will be issued additionally, and the number of tokens on the address will increase. When the price falls below a certain level, deflation will be triggered and the number of tokens on the address will decrease.
Since AMPL has entered a two-month issuance cycle, especially the recent price increase, currency holders have made huge profits in the double spiral of additional issuance and price increase. Therefore, this "ancient divine coin" has once again attracted public attention, and there have been more discussions.