The world of cryptocurrencies has arguably been undergoing a period of a relative lull lately.
Amidst these happenings, ULTIMA cryptocurrency appears to have gained momentum.
ULTIMA Surges
The bigwigs of the virtual currency world, including the likes of Bitcoin and Ethereum, are both shedding the mammoth weight, as larger volatility strikes the global market, which ironically, appears to have also affected the crypto market.
It is ironic, as the crypto world in its prime essence is an embodiment of a world with no regulatory strings attached. The strings that usually hold and manoeuvre the other national currencies, including the US dollar, which is the world's reserve currency.
Meme Coins Fall
When it comes to the most recent developments, while many meme-coins connected to individuals, Alice Weidel (German Far-right leader), Donald Trump's official $TRUMP, and his wife Melania Trump's $MELANIA have struggled, some have fared surprisingly well.
UlTIMA, another crypto coin in the market appears to be steadying its ship, further increasing its value, against the US dollar.
ULTIMA's Recent Surge
In fact, in the past day alone, The value of ULTIMA, according to CoinMarketCap, has surged by 1.49 per cent (the number may vary, as trade is currently ongoing).
Surge in the past day | CoinMarketCap
In the past 7 days of trade, or a week of trade, the value of the cryptocurrency has surged by 16.66 per cent.
Surge recorded in the past month of trade | CoinMarketCap
And, most importantly, the ULTIMA cryptocurrency has surged by over 125 per cent in the past month of trade.
This surge has taken the overall value of the cryptocurrency to USD 22,414.22, at the time of writing.
One ULTIMA here amounts to Rs 19,44,665, as per current exchange rates.
This comes at a time, when the value of Bitcoin, the biggest cryptocurrency has dwindled by USD 5,145.94 or 5.07 per cent, in the same time span of a month of trading. Similarly, the other, Ether, another bigwig of the crypto world, drop by USD 696.09 or 20.67 per cent in a month.
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