IP (Story) rose 5.03% in the last 24 hours.

Gate News Bot news, on September 22, according to CoinMarketCap data, the IP (Story) is currently reported at $13.32, with a rise of 5.03% in the last 24 hours, reaching a high of $14.89 and a low of $9.03. The 24-hour volume reached $525 million. The current market capitalization is approximately $4.165 billion, an increase of $199 million compared to yesterday.

Story is a blockchain project focused on intellectual property (IP). It aims to transform IP into programmable assets, enabling creators to better control and monetize their intellectual property. Story provides a global IP trading market that supports AI training and secondary creation. The platform also allows for the on-chain representation of real-world IP for DeFi application scenarios. Story's goal is to become the value storage and trading layer of the AI era, providing infrastructure for IP trading between autonomous AI agents.

Recent important news about IP (Story):

1️⃣ Origin Summit will be held in South Korea, focusing on the integration of IP, AI, and cryptocurrency Story will hold the Origin Summit in South Korea on September 23, focusing on cutting-edge topics such as the fusion of IP, AI, and cryptocurrency. Several industry leaders, including Arthur Hayes, Sun Yuchen, Luca Nets, and key representatives from South Korea's top economic, entertainment, gaming, family entertainment, and large conglomerate groups, will attend the conference to discuss the future development of IP. The high-level meeting is expected to further enhance the influence of the Story project within the industry and promote the deep integration of IP, AI, and blockchain technology.

2️⃣ IP tokens reach a historical high, significant rise in 24-hour volume The IP token price performed strongly, briefly breaking through 13.1 USDT, setting a new historical high. The 24-hour rise reached 14.6%, demonstrating the market's high recognition of the Story project. This price breakthrough may be related to the upcoming Origin Summit and investors' optimistic outlook on the IP market.

3️⃣ NASDAQ-listed companies adopt IP token treasury strategy The Nasdaq-listed company Heritage Distilling Holding Company, which adopts the IP token treasury strategy, announced that it will change its stock ticker from "CASK" to "IPST," effective from the market opening on Monday, September 22, 2025. The company previously launched the "IP strategy," which accumulates the Story native token IP, a strategy based on Heritage's recent announcement of a $220 million PIPE financing. This move reflects the recognition of the Story project by traditional financial markets and is expected to attract more institutional investors' attention to the IP token.

From a technical perspective, the price of the IP token has broken through historical highs and may face some retracement pressure in the short term. However, considering the upcoming high-profile summit and the participation of traditional financial institutions, the long-term development prospects of the IP token remain optimistic. Investors should closely monitor the developments related to the Origin Summit and the market reaction following the stock code change of Heritage Distilling.

This message does not constitute investment advice. Investment should take market volatility risks into account.