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

Odaily Planet Daily reports that Uniswap liquidity pool data shows that the AC new 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 indicate that the AC new project Flying Tulip Token sale has concluded.

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