Unfortunately, this coin turned into a shitcoin by cryptopump group. They pumped the hype and dumped real hard. THey been sending emails they will run this to 0.01 . THey sent email saying they wil push it to .002 and put a huge buy wall. But at the time they promised that, there were a huge dump run this to 0.006. From there, it was a freefall. THe lesson to learn here, do not believe anything said by cryptopump group. I am sure the dev had something good out of this as well. THey just screw the small traders. These kind of people are the reason why BTC is keep crashing. They scam people and convert the BTC to fiat and run. Do not believe these shits. I lost some good money here as well, but learned the lesson. Hope you guys did the same.
Ya this seems to be an occurring event for almost all coins of any notice, and of course BTC takes its hits as well,, which has hindered the value from rising again. Not sure what the solution would be. I guess its just the nature of crypto's some will win and others will loose, sorta like playing poker lol
PS: I am not so sure the dev really came out of the pump with anything much, I hope he took a little for himself for all the man hours he has put into this project, but in reality I know he surely didn't want to be seen as flooding the sell order book with his coinage. Just the kind of dev he is, pretty straight up about that stuff. He only wants to see a steady floor for uLTC.
Keep up the good work and it will all pay off 
I hope that the Dev is hard at work and getting a good run on UBTC to get it started sometime soon because it's really sad to see this happening to such a great coin and great idea 
