Story IP Token Surges 11.8% Amid Retail Trading Frenzy and Gaming Partnership
Story IP has rebounded sharply with an 11.8% overnight surge to $9.62, clawing back nearly a third of its losses since September's all-time high. Trading volume spiked 42% to $235.5 million as retail investors dominated activity—CryptoQuant data shows a 1.03 Long/Short ratio signaling cautious optimism.
The rally coincides with a strategic partnership between Story IP's Origin Summit and Verse8, integrating Moonbirds and Azuki IP into AI gaming ecosystems. While protocol revenue remains negligible at $679 daily, the $3.01 billion market cap project demonstrates how speculative fervor can override fundamentals in crypto markets.