Please give the Ultima project group some time and hope the good news will come soon. If there is more communication in the community, it will become more wonderful.
People now dumping ULT because of lack of communication from the dev team. While this can be constructed as an abandoned project, but that's up for individual interpretation. MN is super cheap now, so you might want to consider getting whatever allows you to reach 1000 ULT.
Buy cheap, get losses. Yeap, it's very smart approach. You will be rich soon. I don't want to discuss about potential of Ultima project, but it doesn't make sense if only looking at price, with any project, not only for the specific case of Ultima
No pain no gain, dude. You never be rich if never try to take advantage of any opportunities. Personally I still believe in Ultima project and its potential in future.