IP Token Hits Record High Amid Strategic Expansion by Heritage Distilling

IP token price surged to an all-time high of $11.75 as Heritage Distilling bolstered its treasury holdings and initiated a strategic buyback program. Investor confidence soared following the company's $220 million PIPE financing and the accumulation of over 53 million tokens in its public treasury.

The Story Foundation's ongoing $82 million open-market buyback is anticipated to further stabilize and potentially elevate IP's price in the coming months. Technical analysis indicates strong support between $8.20 and $8.60, with the next resistance level eyed at $13.50–$14.00.

Market momentum remains bullish, with the token trading around $10.20 after a brief pullback from overbought conditions. The previous ATH of $9.10, set in late August, now serves as a critical reference point for traders.