The command will toggle on or off unlimited ammo for any weapons that your character fires.
Find below information relating to the ToggleInfiniteAmmo command in Ark.
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Check it OutThis is the only way to use the ToggleInfiniteAmmo command. If you have not already ran this command, it will enable infinite ammo for any weapons you fire. If you have already ran this command (and enabled infinite ammo), running this command again will disable it.