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

UNI-1,69%

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.

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