AC's new project, called "Flying Tulip," which claims to "never break below the offering price," has already fallen below the price.

UNI-1,24%
USDC0,02%

Odaily Planet Daily reports that Uniswap liquidity pool data shows that the new AC project, a derivative protocol featuring a “100% principal redemption mechanism to ensure never breaking the peg,” Flying Tulip Token (FT) is currently priced at $0.0989 USDC, below the $0.10 public offering price.

Earlier reports indicated that the Flying Tulip Token sale for the new AC project has concluded.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

U.S. premarket stocks for crypto-related names broadly fell, with MARA down 3.62%

April 13—Ahead of the U.S. market open, crypto-related stocks generally fell in pre-market trading. MARA, COIN, SBET, and ABTC fell by 3.62%, 2.63%, 2.45%, and 1.49%, respectively. msx.com is a decentralized RWA trading platform that has launched various U.S. stock and ETF tokens.

GateNews45m ago

TradFi Fall Alert: RIOT (Riot Platforms) Falls Over 4%

Gate News: According to the latest Gate TradFi data, RIOT (Riot Platforms) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

GateNews1h ago

TradFi Rise Alert: JD (JD.com) Rises Over 2%

Gate News: According to the latest Gate TradFi data, JD (JD.com) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

GateNews2h ago

Solana ecosystem meme coin neet market cap reaches $40 million, up 40% in 24 hours

Gate News message. On April 13, Solana ecosystem meme coin neet surged sharply today. Its market cap reached $40 million, and it is currently quoted at $0.039, with a 24-hour gain of 40%. Previously, after this token’s market cap fell below $7 million on February 12, it began to rebound, and in recent days it has continued to creep higher. Note that meme coins usually have no real use cases, and prices can swing significantly, so investors should carefully assess risks.

GateNews3h ago

RAVE breaks through $7.5, with an intraday gain of over 172%

Gate News message: April 13. RAVE breaks through $7.5, currently at $7.46, up more than 172% intraday.

GateNews3h ago

GIGGLE briefly breaks through $41, with an intraday gain of over 40%

Gate News message, April 13, market data shows that GIGGLE briefly rose and broke above the $41 threshold; it is currently trading at $40, with an intraday gain of over 40%.

GateNews3h ago
Comment
0/400
No comments