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      Ultra – Recent developments fueling momentum - Stocks Telegraph

      By Muskan

      Published on

      November 24, 2021

      3:00 PM UTC

      Ultra – Recent developments fueling momentum - Stocks Telegraph

      Ultra has been one of the top gainers during the day as the cryptocurrency embarked on strong bullish pressures. The cryptocurrency broke all records and established a new all-time high at $2.42. At the time of writing, the price has fallen by 7% from the ATH – standing at $2.22; however, the bullish momentum has not ended yet. The daily performance of the cryptocurrency shows a growth of 17% while the price has increased by more than 80% during the past seven days. The daily trading volume has also surged by more than 50%. Ultra stands at a market rank of #143 with the capitalization increasing as the price propels upwards. 

      Recent developments 

      Ultra is regarded as the next generation of PC game distribution based on blockchain technology. The project is going full force with gaming developments. During the beginning of November, the platform partnered with Skybound Entertainment to launch popular games like The Walking Dead series, Rainbow Billy, and several other titles. Skybound Entertainment is the first official publishing partner and will bring some of the diehard fans of the above titles onto Ultra’s platform. 

      Skybound Entertainment was just the first of the many publishing partnerships. The network subsequently announced a partnership with Plug In Digital – the largest independent video game distributor and Microids Off. Another addition to the gaming universe of Ultra will include Syberia: The World Before. The game based on Agatha Christie’s famed novel, The ABC Murders, will also be now available on Ultra Games. 

      Ultra – Future outlook 

      Ultra has been amassing a lot of interest majorly because of the recent developments going on. The network has been adding game after game to its collection as well as publishing partnerships. Along with the developments and solid fundamentals, the recent price movements have also shifted the limelight towards cryptocurrency. If the development team continues working arduously on the network and adding on popular games as well as partners, the network can be expected to continue its phenomenal growth trajectory – which is why the future for Ultra is bright. 

      According to the estimates of Digital Coin Price, the cryptocurrency is expected to end the year with a price level of $3.47 while the five-year projection places the token at $7.62. Wallet Investor is also bullish on cryptocurrency – albeit not as much. Per their projections, the one-year price is estimated at $2.35 while the five-year projection is at $5.46. Suffice it to say, Ultra is a good investment in the long run. 

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