$IP
The market is currently seeing some volatility, with the price consolidating after a recent dip. Here are the live stats
Metric Current Value
Current Price $1.12 – $1.18 USDT (varies by exchange)
24h High $1.28 USDT
24h Low $1.10 USDT
24h Change ≈ -5% to -7% (Down)
Market Cap ~$394 Million
Circulating Supply 350.5 Million
🧠 What is IP (Story Protocol)?
If you're wondering what you're actually trading, Story Protocol is a Layer-1 blockchain designed to make Intellectual Property (IP) "programmable."
Purpose: It allows creators to register work (music, AI data, art) on-chain so that licensing and royalty payments happen automatically through smart contracts.
Token Utility: $IP is used for gas fees, staking to secure the network, and governance voting.
📈 Technical Outlook
Short-term: Analysts on Binance and Trading view note that $IP recently swept liquidity at the $1.00 mark and is currently trying to hold support around $1.10.
Sentiment: The bias is cautiously bullish as long as it stays above $1.08. A breakout above $1.34 could signal a move toward previous highs.
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