Story (IP) price dumps 25% as profit taking intensifies
The post Story (IP) price dumps 25% as profit taking intensifies appeared on BitcoinEthereumNews.com.
Story (IP) price fell sharply to hit lows of $7.13 on Friday, extending losses amid profit taking. IP drops as selling pressure wipes out millions in positions across the market. Analysts say Story’s strong traction as a real-world assets platform could help IP price bounce. Story (IP), the token of the Story Protocol, has experienced a sharp correction in the past 24 hours. Amid a more than 25% dip, the IP token has erased most of the gains seen as bulls pushed to a new all-time high early this week. The losses have come amid heightened selling pressure as profit taking across the market hits major coins. IP price nosedives amid profit taking Story is the intellectual property blockchain targeted for a AI-native infrastructure for the $80 trillion IP asset class. The protocol’s IP token, which powers the blockchain designed to tokenize and manage intellectual property assets ranging from AI models to creative works, plummeted 25% in the last 24 hours. Losses saw price plummet to lows of $7.13, extending the dramatic drop that has followed IP’s surge to the all-time high of $14.89. This means Story’s price has dropped more than 51% since its peak on Sept. 22. Enthusiasm over the Story Protocol’s innovative approach to programmable IP licensing and its integration with decentralized applications drove bulls to dominance. But with Bitcoin selling off and major altcoins following suit, IP has pared most of the upside. IP price chart by TradingView Per data from CoinMarket, trading volume has increased 41% to over $361 million in the past day to suggest a rush of sell orders. The nosedive has intensified the profit taking the IP-focused blockchain solutions platform could yet witness fresh downside pain. Currently, Story trades near $7.20, with bears shaving off about 30% of IP value in the…
Filed under: News - @ September 26, 2025 1:28 pm