The ULTI shared last week fell sharply on Sunday. Many people may feel puzzled. Da Na also dug deep and found out the root cause!
We all know that two days ago, the founder of Telegram was arrested and imprisoned, and the tokens of TON and its ecosystem fell sharply. The decline of not can be said to be obvious to all! In fact, the decline of ULTI is also related to the decline of TON ecosystem, because ulti and ton have cross-chain cooperation, and it also fell under its influence. However, ulti is now also cooperating with the sol ecosystem for cross-chain docking, and if the founder of the ton ecosystem is released in the future, it will be beneficial to assist!
Now the small-level trend has stabilized and stopped falling, but we must first look at the subsequent trends. If this rebound position can be confirmed, it may be a good rebound entry point!
