FORTH is the cryptocurrency that serves as the governance token for Amplforth, a protocol that is non-delusive. This means the protocol automatically adjusts the amount of available AMPL, the native currency of Amplforth, with demand, so ownership share of the network is not effected. FORTH finds value in a few different areas. The current circulating supply of FORTH is remarkably low at only 6 million coins. The total supply is stated to be 15 million, putting the total supply of coins under even Bitcoin. This combined with a low market cap currently estimated at $275 million USD, the potential for big moves in FORTH is expected, just like the nearly 30% run up in the past 24 hours.
When considering long term value, a low supply makes FORTH a scarce coin. The extra value being a governance token give FORTH real world utility i.e. giving someone the ability to vote on changes to Amplforth. I think going forward this coin has tremendous potential and obvious value. Be sure to check out Amplforth and learn more about FORTH on their website before choosing to invest as this is not financial advice.
https://www.ampleforth.org/
