Ampleforth Governance Token vs Raydium — how do they compare? Ampleforth Governance Token trades at Rp4,338 (market cap Rp107,55M, Rp54,88M 24h volume), while Raydium trades at Rp11,395 (market cap Rp3,06T, Rp117,56M 24h volume). The key difference: Raydium is far larger — about 28451.9× Ampleforth Governance Token's market cap, and Raydium's supply is capped (269,5M / 555M RAY (49%)) while Ampleforth Governance Token's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Ampleforth Governance Token for 18 Days and Raydium for 25 Days on average.
| FORTH | RAY | |
|---|---|---|
Market Cap | Rp107,55M | Rp3,06T |
Volume (24h) | Rp54,88M | Rp117,56M |
Circulating Supply | 14,3M FORTH | 269,5M / 555M RAY (49%) |
Typical Hold Time | 18 Days | 25 Days |
What Pluang investors did over the last 30 days
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FORTH is the governance token of Ampleforth (AMPL), the first rebasing cryptocurrency that maintains a non-dilutive supply like Bitcoin. However, unlike Bitcoin, AMPL can be used for contracts with predictable value. While AMPL serves as an independent unit of account, FORTH governs its development and evolution.
Read more on FORTH →Raydium (RAY) is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks.
Read more on RAY →