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Ampleforth Governance Token Price Prediction

An up-to-date Ampleforth Governance Token price prediction for 2022, 2023, 2024, 2025, 2030. Wondering what is the future of FORTH price? Find out Ampleforth Governance Token price forecast with historical, fundamental and technical analysis.
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Ampleforth Governance Token Fundamental Analysis

Project name
Ampleforth Governance Token
Stock Symbol
FORTH
Current Price
2.82
Current Supply
15297897.14455933

FORTH is a governance token on Ampleforth, complementing AMPL which is a currency on the same blockchain. FORTH was released in April 2021, while AMPL has been in use since 2019.

The main idea behind Ampleforth is creating a cryptocurrency with an elastic supply, which is achieved by automatically expanding and shrinking the supply of AMPL, or rebasing following the price changes. This way, the price always hovers around $1. One caveat of this is that the number of tokens in every holder’s wallet changes constantly to keep the same value after rebasing. This limits some functionality that requires a fixed number of staked tokens from the users – namely, the voting process. FORTH was created as a token with a non-elastic supply to solve this issue.

FORTH is used by the Ampleforth’s community to vote on changes to the main protocol, directly or through delegates. The tokens were initially distributed between the early backers of the project and the active community participants – i.e. users who previously interacted with AMPL. FORTH’s launch came after Ampleforth’s ecosystem was established and AMPL proved to be a useful cryptocurrency as a step towards decentralization and a sign of trust in the community.

Ampleforth Governance Token Live Price Chart

Unlike AMPL, which keeps its price as non-volatile as possible, FORTH is not immune to volatility by design. However, in the short time since its launch, its price has been avoiding a crazy rollercoaster we often see with crypto. FORTH’s price surged to an all-time high of $71.37 on April 22, 2021, the day after it started trading. After that, it slowly climbed down to the ~$5 lows in mid-June. Towards the end of June, Ampleforth generated some interest, likely because of some new integrations like Meter Passport, which caused the price to rise slightly – by the beginning of July, FORTH was trading mostly at $16-$17.

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Ampleforth Governance Token Technical Analysis

Despite the fact that 100% accurate technical analysis for Ampleforth Governance Token cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated FORTH buy-and-sell rating for selected timeframe. The summary for FORTH/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Ampleforth Governance Token Price Prediction

Below we have collected the most reliable price projections for Ampleforth Governance Token (FORTH) from popular forecast platforms.

Ampleforth Governance Token Price Prediction for 2022

As of Ampleforth Governance Token price predictions for the rest of 2022, there are divergent opinions. PricePrediction.net expects an upturn towards $3.14, and TradingBeast echoes with ~$3.39691 by the year’s end. Other experts, for example, from WalletInvestor, are more pessimistic about Ampleforth Governance Token’s future price, citing numbers downwards of $0.25 in December.
Potential ROI: -20% Sell

Ampleforth Governance Token Price Prediction for 2023

In their Ampleforth Governance Token price predictions for 2023, PricePrediction.net’s forecasts the coin’s price to go above $4.61 by December. Forecasting Ampleforth Governance Token's future, TradingBeast expects further growth, too, saying the Ampleforth Governance Token price will reach ~$5.68036 by that time. On the contrary, WalletInvestor keeps predicting Ampleforth Governance Token price decline, quoting prices around ~$1.299 in 2023.
Potential ROI: 37% Buy

Ampleforth Governance Token Price Prediction for 2024

Ampleforth Governance Token price predictions for 2024 are still predominantly positive, with some analysts promising prices in the $6.51566–$6.77 range (TradingBeast, PricePrediction.net), while WalletInvestor takes a different view and cites the possibility of the price reaching $1.955 in December 2024.
Potential ROI: 80% Buy

Ampleforth Governance Token Price Prediction for 2025

TradingBeast has only optimism in store for the 2025 Ampleforth Governance Token price prediction, valuing Ampleforth Governance Token at $4.27134 by the end of 2025. PricePrediction.net agrees with a positive forecast and predicts, in turn, $10.12 for the same period. On the other hand, WalletInvestor’s team is more pessimistic — their Ampleforth Governance Token price prediction for December of this year is just $1.679.
Potential ROI: 90% Buy

Ampleforth Governance Token Price Prediction for 2030

Speaking of long-term Ampleforth Governance Token price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that Ampleforth Governance Token price will grow further and eventually reach $6.620577 by the end of the decade. PricePrediction.net’s price prediction for Ampleforth Governance Token echoes with the projection of an uptrend to $63.67. Despite this, WalletInvestor’s vision remains not so positive, promising a downfall to $2.16591.
Potential ROI: 756% Buy
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Summary

As it can be clear from the analysis cited above, Ampleforth Governance Token (FORTH) projections are rather contradictory. There is no universal consensus either about positive or negative future FORTH price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Ampleforth Governance Token projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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