Convert and Swap Ultima ULTIMA to Indian Rupee INR
ULTIMA/INR: 1 Ultima equals ₹353,855.06 INR
Ultima (ULTIMA) is not tradable on Coinbase.
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Last update: 8:05 AM, December 23, 2024
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Ultima is falling this week.
The current price of Ultima is ₹353,855.06 per ULTIMA. With a circulating supply of 32,030 ULTIMA, it means that Ultima has a total market cap of ₹11,342,744,266.32. The amount of Ultima traded has fallen by ₹33,055,565.93 in the last 24 hours, which is a 6.83% decrease. Additionally, in the last day, ₹483,848,324.87 worth of ULTIMA has been traded.
About Ultima
Ultima (ULTIMA) is a dynamic cryptocurrency ecosystem that revolves around the ULTIMA token. This ecosystem brings together a variety of innovative products, including advanced crypto wallets, a unique crypto debit card, a crowdfunding platform, and its own marketplace, among others. The mission of Ultima is to develop a seamless cryptocurrency product that aims to change the way people interact with cryptocurrency globally, enabling them to make instant cross-border payments in crypto. The ULTIMA token is designed to be user-friendly and suitable for everyday use as a means of payment, aiming to fill the gaps and shortcomings of other cryptocurrencies.
Ultima operates on a deflationary strategy, which includes a limited offer of tokens, a delegated liquidity pool, and halving rules. The total number of tokens on the market is 100,000. Ultima tokens from the liquidity pool are distributed daily to SPLIT token holders in proportion to the number of SPLIT tokens they hold. The blockchain implements halving rules, where every 10,000,000 blocks, the number of tokens distributed daily decreases by half. In the first year of operation, it is 50 coins, in the second year, it's 25, and by 2028, only 1 Ultima will enter the market per day. This strategy aims to maintain liquidity and stability of the exchange rate even during bear markets.
Ultima aims to become the most widely used cryptocurrency globally and an ecosystem accessible to everyone. It is designed to be suitable for use as an everyday means of payment. Ultima plans to become the central point for entering fiat currency, offering fast transaction periods and low volatility risks. It enables instant transactions from any part of the world without intermediaries, round-the-clock work in real-time mode, safety and security of the system, independence, absolute anonymity, and free conversion of Ultima into fiat funds and other coins. It also aims to solve issues such as unstable exchange rates and the complexity of most cryptocurrencies for users without a technical background.
The history of Ultima dates back to Switzerland in 2016, starting with a team of professional developers with extensive experience in working on crypto products and payment systems. The idea to create a blockchain that could solve the problems of existing cryptocurrencies came to the founders in 2016, and it was first implemented in 2017. In 2018, the updated blockchain was launched, which was based on deflationary coinbase transactions. Today, Ultima operates in over 120 countries around the world. The launch of Smart Blockchain was a new development stage for the team, incorporating the best features of modern blockchains.
How Ultima and Indian Rupee differ
Ultima (ULTIMA) and the Indian Rupee (INR) are two distinct forms of currency, each with its own unique characteristics. Ultima is a dynamic cryptocurrency ecosystem that revolves around the ULTIMA token, aiming to change the way people interact with cryptocurrency globally. It operates on a deflationary strategy, with a limited offer of tokens, a delegated liquidity pool, and halving rules. This strategy seeks to maintain liquidity and stability of the exchange rate. On the other hand, the Indian Rupee is a traditional fiat currency, regulated by the Reserve Bank of India, and its value is determined by market demand and supply. Unlike Ultima, the Indian Rupee does not operate on a blockchain and is not subject to halving rules. While Ultima aims to become a widely used cryptocurrency globally, offering fast transaction periods and low volatility risks, the Indian Rupee is primarily used within India and is subject to exchange rate fluctuations. Furthermore, Ultima transactions can be made from any part of the world without intermediaries, offering round-the-clock operation in real-time mode, safety, security, independence, absolute anonymity, and free conversion into fiat funds and other coins. In contrast, transactions with the Indian Rupee are typically facilitated by banks and other financial institutions, and do not offer the same level of anonymity or freedom of conversion.
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ULTIMA to Indian Rupee conversion tables
The exchange rate of Ultima is decreasing.
The current value of 1 ULTIMA is ₹353,855.06 INR. In other words, to buy 5 Ultima, it would cost you ₹1,769,275.32 INR. Inversely, ₹1.00 INR would allow you to trade for 0.00000283 ULTIMA while ₹50.00 INR would convert to 0.00014130 ULTIMA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.61%. Meanwhile, in the last 24 hours, the rate has changed by 2.63%, and that the the highest exchange rate of 1 ULTIMA to Indian Rupee was ₹364,653.37 INR and the lowest 24 hour value was 1 ULTIMA for ₹353,944.65 INR. This time last month, the value of 1 ULTIMA was ₹515,635.65 INR, which is a 30.71% increase from where it is now. Looking back a year, Ultima has changed by ₹521,238.01 INR. That means that in a single year, the value of Ultima has shrank by 32.25%.
ULTIMA to INR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
---|---|---|---|---|---|---|---|
₹363,241.59 INR | -2.63% | ₹391,742.60 INR | -9.61% | ₹515,635.65 INR | -30.71% | ₹521,238.01 INR | -32.25% |
ULTIMA to INR
Amount | Today at 8:05 am |
---|---|
0.5 ULTIMA | ₹176,927.53 |
1 ULTIMA | ₹353,855.06 |
5 ULTIMA | ₹1,769,275.32 |
10 ULTIMA | ₹3,538,550.65 |
50 ULTIMA | ₹17,692,753.23 |
100 ULTIMA | ₹35,385,506.47 |
500 ULTIMA | ₹176,927,532.35 |
1,000 ULTIMA |