Keywords and tags that could be used to describe Ultrain: performance, public, commercial, committed, construct, fundamentally, groundbreaking, industrial, innovations, responsible, scalability, sustainable.
First, it should be noted Ultrain is a small coin that doesn’t move much. In fact, on most days it doesn’t move at all — so this coin won’t be of interest to active traders. A bull trend appears to be in motion, at least over the past 20 days, though we’d like to see a bit more data before drawing a strong conclusion. Ultrain has a market capitalization of approximately 18.6 million US dollars. That’s small relative to the Ethereum tokens SixJupiter tracks. In terms of volatility, it’s relatively lower than usual volatility for its market capitalization, but probably still enough to give you some trading opportunities.
Ultrain currently has approximately 5988 wallets, with the average weekly growth rate in number of wallets being 0.89% for each week over the past 4 weeks. As for transactions, the weekly growth rate there has been about 2.06%. Notably, both the transaction growth rate and the wallet growth rate for Ultrain are above average. For those who believe tokens that get engagement are worth investing in, this could be an opportunity worth digging into.
The current available supply for Ultrain is 131.6 million, while the total supply is 1 billion. This means just 13.16% of Ultrain’s total supply, as currently defined, has been made public. Only about 18.96% of tokens with a similar market capitalization have a larger percentage of their total currency unavailable. Both Ultrain’s available supply and total supply have increased over steadily over the past four weeks, but growth in total supply has outpaced growth in available supply — and so the dilution risk has grown during this time.
Ultrain has 2700 followers on Twitter. About 0.69% of its followers are verified, and about 2.97% are estimated to be investors. This token’s Twitter follower count is roughly average for its market capitalization, but the percent of its followers that are verified and the percent that are estimated to be investors are both well above average. This suggests a following that might be more authentic and influential than one would expect.
Where to Buy
None of the exchanges we monitor offer this token for trading at this time. We’ll up date this post accordingly when we add exchanges that do.