IP (Story) rose 0.94% in 24 hours

Gate News Bot message, October 09, according to CoinMarketCap data, as of the time of this report, IP (Story) is currently priced at $9.14, up 0.94% in the last 24 hours, with a high of $10.51 and a low of $8.88, and a 24-hour volume of $79.5 million. The current market capitalization is approximately $2.868 billion, an increase of $26.7 million compared to yesterday.

Story is the world's first IP blockchain, transforming intelligence into programmable IP assets. It allows users to trade IP globally for AI training and remixing, utilizing real-world IP(RWIP) for DeFi use cases, as well as tokenizing, splitting, and monetizing IP on-chain. Story's goal is to transform IP into programmable value storage in an AI-driven world.

Important news about IP (Story) recently:

1️⃣ Story Network launches verification feature and supports direct staking Nasdaq-listed company IP Strategy has officially launched a verification feature on Story Network, supporting direct staking of IP tokens. This move provides a new revenue avenue for IP token holders, helping to enhance network security and token liquidity.

2️⃣ Large-scale staking activity launched The IP Strategy has staked 43.5 million unlocked IP tokens and received nearly 165,000 IP tokens as staking rewards, worth approximately 1.5 million USD. This indicates that the staking mechanism of Story Network has attracted significant capital participation, which is beneficial for stabilizing token prices and enhancing network value.

3️⃣ Market performance is stable Despite the overall volatility of the cryptocurrency market, IP (Story) has maintained a slight rise in the past 24 hours, showing relatively strong market performance. This may be related to its ongoing ecosystem development and staking activities, which have bolstered investor confidence.

From a technical perspective, the current price of IP (Story) is at the median level of the recent fluctuation range, indicating a certain level of price support. On the fundamental side, Story Network continues to advance the digitalization of its IP assets and the development of DeFi applications, laying the foundation for long-term rise.

This message is not intended as investment advice; investors should be aware of market volatility risks.