If that cost has no generic mana, the cost isn't reduced
The best Magic product is not always the most expensive one
You can obtain the Hippowdon (1-Star rarity) card by opening Mega Rising: Mega Gyarados from Mega Rising set
I would say it is below average for an ultimate but probably around average on ultimates actually in the cube.
Elemental Anime Hero An anime-style elemental creature portrait for a full-art card template, heroic action stance, swirling fire and electric energy trails, cinematic background depth, rich cel shading, intense contrast lighting, saturated orange blue and violet tones, edge-to-edge artwork with border-safe focal point, collectible trading card feel, portrait orientation, crisp high detail
Counterspell is an incredible potent card which functions as an all star premium answer on the stack and made blue as an early interaction color extremely viable