The case for why $AMPL will NOT implode: currently there's over $25 million in the uniswap liquidity pool, close to 10% of the marketcap. This means currently to move the price down 2%, there needs to be $275,000 worth of selling (dyor, check coin gecko). Liquidity providers are

making making pool fees on nearly $20 million in volume today. On top of that, liquidity providers that are also staked in the geyser are netting over 300% APY...if an LP leaves, this percentage goes up. Rational market theory tells us people will come in to capitalize on this.

That will drive the price UP and keep it up (likely well over $1 for now) as it's therefore harder to push down. Some people (with lower risk tolerance) like providing liquidity, as it provides a hedge against the price of $AMPL going down, which it eventually will. #DeFi baby!

I'd be curious to hear a counter argument that isn't "everyone will rush to sell when price goes down", because that's a silly hypothetical and doesn't account for liquidity providers making gains all the way down, likely increasing the pool size. @0xEther, thoughts?