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Story (IP) overtakes VIRTUAL in strong recovery from post-launch

Author: Content Editor
Story (IP) overtakes VIRTUAL in strong recovery from post-launch
The native cryptocurrency of Story Protocol, Story (IP), has experienced a significant recovery after its mainnet launch, surpassing VIRTUAL to become one of the top 10 AI coins. As of February 20, 2025, IP is trading at $3.17, reflecting a 27% gain in the past 24 hours and a 72.93% increase over the last week. Its market capitalization has reached $792.85 million, ranking it at position 87 among cryptocurrencies. The recent surge in price and trading volume signals renewed trader enthusiasm for the cryptocurrency, which faced a slump shortly after its launch. Technical indicators, such as the Average Directional Index (ADX), Chaikin Money Flow (CMF), and Moving Average Convergence Divergence (MACD), indicate a strong and bullish trend for IP. Market sentiment also reflects growing optimism around Story Protocol, as reflected in social media chatter. The fully diluted valuation of $3.17 billion suggests high market expectations for IP. While a push towards $3.50 is within reach, potential risks include overextension and weakening demand, which could lead to a pullback in price. Overall, Story's resurgence has positioned it as a prominent player in the AI coin space.

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