Ultima

ULTIMA Price

About Ultima (ULTIMA)

Ultima is the infrastructure token of the Ultima ecosystem, a scalable Layer 1 blockchain designed for global daily transactions and decentralized finance applications.

• Operates on the Smart Blockchain using a Delegated Proof of Stake consensus mechanism for high efficiency.
• Features a unique splitting technology that allows users to receive rewards from decentralized liquidity pools.
• Powers a diverse ecosystem including crypto debit cards, a marketplace, and automated trading platforms.

What Is Ultima

Ultima serves as the central infrastructure asset for a global ecosystem aiming to provide instant cross-border payments and a suite of blockchain-based products. The token is integrated into multiple platforms, including the Ultima Store marketplace, crowdfunding sites, and travel clubs, facilitating value transfer across the network.

Users can engage with the token primarily through a process known as splitting, where assets are frozen in liquidity pools to earn rewards. This mechanism is designed to incentivize participation and provide liquidity to the ecosystem. As the network grows, the token's utility scales by acting as the mandatory medium for all ecosystem transactions and services.

What Makes Ultima Unique

• Splitting Technology: A decentralized reward distribution system based on liquidity pools managed entirely by smart contracts, removing the need for central intermediaries.
• Physical Hardware Integration: The ecosystem includes the SMART Defender, a physical NFC card that stores fragments of private keys to provide a hardware-level layer of security for digital assets.
• Comprehensive Real-World Bridge: The Ultima Card is a debit solution accepted in over 100 countries, offering high deposit and withdrawal limits to bridge digital assets with fiat currency.
• Deflationary Strategy: The project implements a strict total supply of 100,000 tokens and regular halving events every 10,000,000 blocks to manage long-term token value.

What Can You Use Ultima for?

• Staking and Rewards: Participating in DeFi-U splitting to earn daily rewards from decentralized liquidity pools.
• Payments: Purchasing vouchers and goods on the Ultima Store and Umarkt marketplaces.
• Financial Services: Topping up the Ultima Card for global cash withdrawals at ATMs and point-of-sale purchases.
• Ecosystem Access: Paying for services on specialized platforms like the Ultima Travel Club and crowdfunding portals.

How Does Ultima Work?

Ultima is built on the Smart Blockchain, which utilizes a Delegated Proof of Stake consensus mechanism to achieve high throughput, processing up to 2,000 transactions per second with 3-second block times. As the native Layer 1 asset, ULTIMA is used to pay transaction fees, often referred to as gas, for all operations on the network.

The core Decentralized Finance (DeFi) mechanism of the ecosystem is splitting. In this system, rewards are distributed from liquidity pools to users who freeze their assets in decentralized wallets. These rewards are calculated proportionally based on the number of split tokens held by the user and are subject to periodic halving events that reduce the distribution amount over time.

Team Info and Investors

The Ultima ecosystem was founded by Alex Reinhardt, an entrepreneur and venture capitalist with experience in launching multiple IT and FinTech projects. The project is managed by a team of professional developers specializing in payment systems and blockchain technology. While specific institutional investors are not highlighted in available sources, the project emphasizes its global community of over 3 million users as its primary backing and the driving force behind its ecosystem growth.

Where can you buy Ultima?

ULTIMA tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Ultima is MEXC, where the most active trading pair ULTIMA/USDT has a trading volume of $644,888.34 in the last 24 hours. Other popular options include Gate and KuCoin.

What is the daily trading volume of Ultima (ULTIMA)?

The trading volume of Ultima (ULTIMA) is $6,445,904.29 in the last 24 hours, representing a -21.80% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Ultima (ULTIMA)?

Ultima (ULTIMA) reached an all-time high of $22,850.62 and an all-time low of $1,558.20. It’s now trading -92.70% below that peak and 6.60% above its lowest price.

What is the market cap of Ultima (ULTIMA)?

Market capitalization of Ultima (ULTIMA) is $140,696,669 and is ranked #235 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ULTIMA tokens (85 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Ultima (ULTIMA)?

The fully diluted valuation (FDV) of Ultima (ULTIMA) is $166,096,082. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Thousand ULTIMA tokens are in circulation today. Depending on how the emission schedule of ULTIMA tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Ultima compare against its peers?

With a price decline of -9.10% in the last 7 days, Ultima (ULTIMA) is underperforming the global cryptocurrency market which is down -1.10%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -0.10%.