IP (Story) rose 11.48% in the last 24 hours

Gate News Bot news, July 14th, according to CoinMarketCap, as of the time of writing, IP (Story) is currently priced at $4.90, having risen by 11.48% in the last 24 hours, with a high of $4.92 and a low of $2.98, and a 24-hour volume of $53.6 million. The current market capitalization is approximately $1.439 billion, an increase of $148 million compared to yesterday.

Story is a blockchain platform focused on intellectual property ( IP ). It aims to transform intelligence into programmable IP assets, allowing users to trade IP for AI training and recreation in the global market. Story's goal is to become a world-class IP blockchain, providing the infrastructure for IP value storage and trading in the AI era.

Recent important news about IP (Story):

1️⃣ Large investors buy IP tokens in large amounts Recently, there has been a significant accumulation of IP tokens in the market. Two important large transactions occurred in a short period: one address purchased approximately 857,192 IP tokens worth about $3.8 million; another address accumulated 814,523 IP tokens worth $3.61 million just 15 minutes ago. This large-scale token accumulation may reflect institutional investors' optimism about the IP (Story) project's prospects, helping to boost market confidence.

2️⃣ IP price will pump significantly in the short term The price of the IP token has seen a significant rise within 24 hours, with an increase of over 30%, briefly breaking the $4 mark. This strong price performance may be related to the large purchases by major investors, while also reflecting the market's positive expectations for the IP (Story) project.

3️⃣ IP+Game sector prosperity improved In the media sector, IP derivatives and the gaming segment are showing a trend of increasing prosperity. Especially during the summer peak season for games, this trend is expected to continue. As a blockchain platform focused on intellectual property, IP (Story) may benefit from this industry trend, attracting more attention and investment.

From a technical perspective, IP (Story) has shown strong price performance recently, with a 24-hour rise of over 11% and a significant increase in volume to $53.6 million, indicating a positive market outlook on its development prospects. However, considering the substantial rise in the short term, investors should also be cautious of potential correction risks.

This message is not an investment advice. Investment should take into account the risks of market fluctuations.