Team and investor tokens now set to unlock in August 2026 as the IP-focused blockchain moves to slow new supply, tighten token economics and buy time to build network usage amid weak market sentiment.
Leverage has been flushed, and spot demand remains soft, keeping bitcoin range-bound while token unlocks and thin liquidity drive sharp, narrative-led moves in select altcoins.
The new Grayscale Story Trust offers investors exposure to $IP, the token powering programmable digital rights on blockchain.
The Blade and Foundation screenwriter is turning to blockchain and AI to build a community-driven sci-fi franchise, backed by Web3 startup Story Protocol.
The majority of the trading volume during this event was concentrated on major exchanges Binance and OKX Spot, with over $40 million in trading volumes before the plunge and $138 million after recovery.
Despite markets taking a brutal hit on Tuesday, two altcoins—Story’s IP and Hyperliquid’s HYPE—are stealing the spotlight.
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