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Ampleforth Falls 11.5% in Five Minutes to $1.062, Its 24-Hour Low

The token's 24-hour loss widened to 12.92% at the same observation time.

An unmarked metal token rests on a sharply inclined black plane / TokenPost.ai
An unmarked metal token rests on a sharply inclined black plane / TokenPost.ai

Ampleforth (AMPL) fell 11.5% in five minutes to $1.062 at 8:36 p.m. ET Thursday, Nov. 12 (01:36 UTC Friday), touching its 24-hour low as its daily loss reached 12.92%.

The token dropped from $1.20 to $1.062. The five-minute decline started at the same $1.20 level recorded in an earlier five-minute AMPL slide.

The 11.5% figure covers the five-minute move, while the 12.92% figure measures AMPL's change over 24 hours at the same observation time. The reported 24-hour range ran from $1.062 to $1.20.

AMPL's supply mechanism changes wallet balances in pursuit of a CPI-adjusted $1 price target.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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