ULTRA WEB3 GAME LAUNCHES
Ultra token is down, it is buy the rumor, sell the news kind of thing. The Ultra token itself at one point was at $2.39 in November 2021 and now it is just about $0.29. I think these fantastic games are missing a big huge market. You have to understand how many gamers are out there, there are around 78 billion people in the world, and 3 billion of those people are active video game players. The gamers by region, mostly they are in Asia, Europe, and Latin America. We have got a lot for them in Asia countries. A lot of them are between 18 and 34 years old and they are playing action shooter racing, and adventure and the biggest of it is casual game.
Millions of XRP were transferred and when this happens, a lot of people jumped to the conclusion that people are liquidating their positions. Even those that is the case, some people are making moves. They are moving assets, they are getting their position changed so they can make further positions in other accounts and exchanges. You know the necessary evil behind the exchanges is you have to transact with the rest of the world. If you want to stay in the digital world, you don't need to move to a change, you can stay on the Defi side. It is kind of alarming when you see the amount of XRP been transferred especially when we have an unknown wallet.