AMPL has been inflated for a few days, but no one cares about it. The former king is so downcast, is it an opportunity?
Editor's Note: This article comes fromChatting with Xiaozha (ID: xiaonazha88), reprinted by Odaily with authorization.
Editor's Note: This article comes from
Chatting with Xiaozha (ID: xiaonazha88)
Chatting with Xiaozha (ID: xiaonazha88)
, reprinted by Odaily with authorization.
The relatively large increase in DeFi, and the magic currency is AMPL, which is considered to be the strongest "split".
AMPL has experienced crazy inflation in July; ruthless deflation from August to October, how many people still pay attention to AMPL now? There should not be many people left.
There is a saying: I am fearful when others are greedy; I am greedy when others are fearful. Does this adapt to AMPL?
In the currency circle, many projects will never get up again after they fall, because they are here to cut leeks.
As for whether AMPL is suitable or not?secondary title
1. Few people pay attention to AMPL inflation for a few days
From August to October, the price of AMPL crossed 1 8 times, and the first 7 times were all in pian pao, and it fell to 1 dollar within a few days. So for the 8th time, it was already very difficult to stir up the splash.
In fact, the 7th and 8th times were separated by 3 days. If you fall down, you will come back up immediately. And the 8th time has continued to inflate for 3 days, as shown in the figure below the inflation process of AMPL.
Pian pao has been used too many times, and no one believes it anymore, so the question is, is it pian pao this time?
I can't answer this question. When I see so few people paying attention and no one believes it, I might not lie.
2. The market value of AMPL has dropped by more than 90%.
From the perspective of market value, AMPL has fallen 90% from its previous high.
Due to the particularity of AMPL, Iron Man calculated the market value, price, and quantity of AMPL, and drew the following figure.
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3. Large investors in AMPL attract funds
For AMPL, there are people who leave and people who enter. It is observed that a large account is continuously buying AMPL, the address of the account (0xbdb681c4958fc06b3d4c487e14110af2b83765ac).
This big investor has been collecting chips in the market every day since October 10, 2020. As of writing time, he has bought 830,000 AMPL from 0, ranking 24th among the currency holding addresses.
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4. What are the potential benefits of AMPL?
So what are the potential benefits of AMPL? The first 6 times when the price of AMPL exceeded 1 dollar, there were potential positive stimuli, such as adding to the coinbase watch list, DeFi mining, using ampl as a hoe, etc., all of which stimulated demand and pushed up the price of AMPL.
However, for the 7th and 8th times, there seemed to be no positive stimulation, and I slowly got up by myself.
There is also a potential unfavorable factor, an unresolved matter: there are still 9.89 million AMPL in the hacked address of KuCoin, which has not been resolved yet and has been frozen. KuCoin also did not allow withdrawals, resulting in the price of AMPL on KuCoin being about 10% lower than the price on Uniswap.
Of course, there are also good aspects. Ampl's E-AMM, that is, the smart pool, has been launched on the balancer, and can automatically adjust the market-making ratio according to the rebase. Assuming that it was 50:50 at the beginning, it may be automatically adjusted to 40:60 due to rebase, thereby reducing the arbitrage opportunities brought by rebase. Currently, market making on balancer can already mine bal.
The founder of AMPL initiated a proposal in aave to increase AMPL lending in aave. This proposal has been discussed a lot, but there is no conclusion yet.
Flexible lending is the next breakthrough for AMPL to expand market demand.
Few people care about AMPL anymore. Whether the former king can return, I personally think AMPL is worthy of attention. After all, AMPL pioneered the Rebase mechanism.
