Ulticoin Investment: Worthwhile Or Risky Venture?

is ulti coin a good investment

Ulticoin (ULTI) is a new DeFi project that rewards users who hold the token through frictionless fee redistribution. It is a community-driven NFT marketplace for gaming artists, developers, freelancers, and professionals. The platform aims to empower artists and help game developers connect better. The ULTI token is primarily a BEP-20 token released on the Binance Smart Chain (BSC). It is also the first crypto coin that allows users to exchange in-game currency for fiat values or other in-game currencies. With a market cap of $2.266T, the current price of Ulticoin is $0.02105. In this paragraph, we will explore whether Ulticoin is a good investment option.

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ULTI Coin's unique value proposition

ULTI Coin is a unique DeFi project that provides automatic rewards to users holding the token through frictionless fee redistribution. It is the first crypto coin that allows users to exchange in-game currency for fiat values or other in-game currencies. This means that gamers can now exchange currency from one game to another.

ULTI Coin is built on the Binance Smart Chain and has a total supply of 250,000,000,000 tokens. It is a BEP-20 token. There is a 6% fee on all transactions for any "non-excluded" address that participates in a transfer. There is also an automatic 2% fee that is redistributed to existing token holders at the time of each transaction, a 2% burn fee, and a 2% fee that is added to the liquidity pool.

The ULTI Coin platform is designed to empower artists and help game developers connect better. It seeks to create a comprehensive platform that allows game developers and artists to trade NFT game assets and showcase their creations seamlessly. ULTI Coin also enables game developers to make passive earnings by creating more games for the metaverse. The platform features a Proof-of-Gaming (PoG) consensus mechanism to maximize the adoption of ULTI Coin. The more games played, the higher the probability of winning additional crypto tokens as rewards.

The ULTI Coin community is bullish about its prospects, and its unique value proposition makes it a potentially attractive investment opportunity.

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The Ultiverse and its vision

Ultiverse is an integrated Web3 platform that combines GameFi, NFTs, DeFi, Marketplace, and Liquid Staking. It aims to be the next-generation entrance connecting Web3 with players worldwide. Ultiverse is crafting an expansive gaming world deeply integrated with AI, which aims to redefine digital interaction.

The vision of Ultiverse is grand and precise. It empowers users to create and populate realms as immersive and engaging as those depicted in iconic movies like "Ready Player One," "Free Guy," and "Westworld." However, Ultiverse enriches these realms with the added dimension of blockchain technology. Through leveraging AI, on-chain games, NFT, DApps, and a comprehensive media matrix, Ultiverse is cultivating a digital society. In this society, users can play, create, and connect in a multitude of ways.

The Ultiverse community has received an extraordinary reception, amassing over 1.5 million users, including NFT holders, media audiences, and passionate gamers. Ultiverse introduced the first AI Gaming Protocol rooted in large language models, leveraging AI to enhance product design and expedite the creation of a self-sustaining gaming world on the blockchain. Through Web3, Ultiverse enables the seamless transformation of creative endeavours into tangible asset value.

With its unique approach, Ultiverse is not just building a game but an entire digital society. This society offers users the opportunity to play, create, and connect in ways that were previously unimaginable.

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How to buy ULTI tokens

ULTI Coin is a crypto coin designed for the gaming community. It allows gamers to exchange their in-game currency (gold, diamonds, tokens, etc.) for real money or other in-game currency. ULTI Coin can be exchanged for crypto coins such as ETH, BTC, and BCH or fiat values ($, €, £, ¥, etc.).

To buy ULTI tokens, you can use a variety of centralized crypto exchanges. Here is a step-by-step guide on how to purchase ULTI tokens:

Choose a Crypto Exchange:

Select a crypto exchange platform that lists ULTI tokens. Some popular options include Bitget, Gate.io, OKX, Bybit, BTCC, DOEX, and WEEX.

Create an Account:

Sign up and create an account on your chosen crypto exchange. You may need to provide personal information and set up security measures such as two-factor authentication to secure your account.

Fund Your Account:

Deposit funds into your account. You can typically fund your account using a bank transfer, credit/debit card, or by depositing other cryptocurrencies.

Place a Buy Order:

Once your account is funded, you can place a buy order for ULTI tokens. Specify the amount of tokens you want to purchase or the amount of fiat/crypto currency you want to spend. Review the order details and complete the purchase.

Store Your ULTI Tokens:

After purchasing ULTI tokens, you can choose to store them in a crypto wallet or leave them on the exchange. If you plan to hold your tokens for the long term or use them frequently, it is generally recommended to use a secure crypto wallet.

Additional Considerations:

When buying ULTI tokens, it is important to do your own research and invest wisely. Cryptocurrencies are highly volatile, and the value of ULTI tokens can fluctuate. Always consider your investment goals and risk tolerance before purchasing any cryptocurrency.

By following these steps, you can purchase ULTI tokens and join the growing community of gamers and investors who believe in the potential of this innovative gaming crypto coin.

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ULTI's smart contract audit report

ULTI Coin is a new DeFi project that automatically rewards users who hold ULTI tokens through frictionless fee redistribution. ULTI Coin is deployed on the Binance Smart Chain Testnet. The total supply of ULTI tokens is 250,000,000,000.

The ULTI Coin smart contract code builds upon the fee-redistribution features pioneered by Reflect Finance. There is a 6% fee on all transactions for any "non-excluded" address that participates in a transfer. Of this 6% fee:

  • 2% is redistributed to existing token holders instantly and automatically at the time of each transaction
  • 2% is a burn fee that is applied automatically at the time of each transaction
  • 2% is automatically added to the liquidity pool

The owner of the contract can exclude and include accounts from transfer fees and reward distribution. There is no maximum to the number of tokens that can be sent on each transaction.

A smart contract audit is an expert analysis of every line of code in a smart contract that detects bugs and provides solutions. This process helps to ensure that a blockchain project is secure. ULTI Coin has undergone a smart contract audit by SourceHat, which found no external threats. The audit recommended that the team renounce ownership after a successful launch and that users ensure trust in the team prior to investing due to their notable control in the ecosystem.

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ULTI's price history and predictions

ULTI Coin is a new DeFi project that rewards users who hold the token by automatically redistributing fees. It is a BEP-20 token released on the Binance Smart Chain (BSC). The total supply of ULTI tokens is 250,000,000,000.

On June 9, 2021, ULTI Coin's burn function was activated, allowing holders to send tokens to a burn address. This is often used as a deflationary mechanism. As of June 3, 2024, ULTI is not listed on Binance for trade and service.

On June 4, 2024, the highest price of ULTI was recorded at BTC0.052289. On August 5, 2024, the lowest price of ULTI was recorded at BTC0.062815. As of August 27, 2024, the 24-hour trading volume of ULTI was $5,076,623.69, representing a 39.60% decrease from the previous day.

As of August 28, 2024, the live price of ULTI is $0.020051 USD, with a 24-hour trading volume of $5,817,948 USD. ULTI is ranked #579, with a live market cap of $39,700,790 USD. It has a circulating supply of 1,980,000,000 ULTI coins and a maximum supply of 10,000,000,000 ULTI coins.

The price of ULTI has been volatile, with a 9.50% price increase in the past 7 days as of August 27, 2024. The community is generally bullish about ULTI, and it can be traded on centralized crypto exchanges such as Bitget, Gate.io, and OKX.

Frequently asked questions

ULTI Coin is a new DeFi project that automatically provides rewards to users who hold the token via frictionless fee redistribution. It is the first crypto coin that will allow users to exchange in-game currency for fiat values or other in-game currencies.

The current price of ULTI Coin is $0.020051 USD. The 24-hour trading volume is $5,817,948 USD. The highest price paid for ULTI Coin was BTC0.052289 on 4 June 2024.

As with any token, it is recommended that you ensure trust in the team behind ULTI Coin before investing, as they have notable control in the ecosystem. The project is implemented with Solidity version ^0.8.0, so it is protected from overflows. No external threats have been identified.

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