Top places to buy FORTH, the first ever rebasing cryptocurrency

FORTH is based on a novel premise. The native coin of Ampleforth (AMPL) Governance Token is unique in that the number of AMPL you own can change each day. To learn more about this, look no farther than this short article, which will also tell you where the best places to buy FORTH are.

Top places to buy FORTH now

As FORTH is such a new asset, it’s yet to be listed on major exchanges. You can still purchase FORTH using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy FORTH right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‘connect’ your wallet to it.

4. You can now swap your ETH for FORTH

Now that you’re connected, you’ll be able to swap for 100s of coins including FORTH.

What is FORTH?

FORTH holders can vote on proposed changes to the Ampleforth protocol or delegate their votes to representatives who vote on their behalf. AMPL is a cryptocurrency like Bitcoin, but with a twist: supply changes daily.

The AMPL protocol automatically adjusts supply in response to demand. When price is high, wallet balances increase. When price is low, wallet balances decrease.

AMPL is non-dilutive. Supply adjustments are applied universally and proportionally across every wallet’s balance. This means your percent ownership of the network remains fixed.

According to AMPL, today’s cryptocurrencies are dangerously correlated. AMPL’s unique incentives allow it to decouple from Bitcoin’s price pattern. This reduces systematic risk by adding diversity to a homogeneous ecosystem.  

Should I buy FORTH today?

The token can be a profitable investment thanks to the unique premise it’s built on. However, do explore the market and read at least several price predictions before committing to an investment.

FORTH price prediction

According to Wallet Investor, those looking for virtual currencies with a good return could find FORTH a bad option their current investment may be devalued in the future.

Up to Brain does not agree. According to the experts, the price will go up to $31 by the end of 2023, up from $7.80 at the time of writing. The token is likely to reach $46 by the end of 2024.

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Written by Blockchain Beat

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