It just broke the top 50 cmc. You might not of heard of it but simply it aims to be a non inflation crypto with elastic supply. It targets a 2019 CPI so it's not really a stablecoin.
https://youtu.be/Mmr47bji50c
4:00-9:00 one of the devs explains the concept.
Ampleforth use case is very promising but comparing to what Bitcoin have achieved is night and day, ampleforth will still have to go through alot to have a place in crypto space like how ethereum did, the difference is big presently, anything can happen in future but don't expect Ethereum and Bitcoin to stay same way for ampleforth to be better https://youtu.be/Mmr47bji50c
4:00-9:00 one of the devs explains the concept.
Don't forget the 3rd crypto in terms of marketcap and is growing is Tether. Defi needs a primate not based on the USD but still is 'stable'. If something solves a problem it can quickly find its market. I'm no noob to crypto bought.my first bitcoin in 2011. I know the power of Bitcoin but also its flaws as a payment currency. Ampleforth solves so much it would be weird if it wasn't a major crypto very soon..