The IP token has experienced a significant price surge, increasing over 500% from its all-time low of $1.00. This surge occurred alongside the launch of Story Protocol's layer-1 mainnet rollout and token airdrop. The platform revealed additional details about its technical roadmap, including plans to launch the public beta for its IP Portal and decentralized oracle network in Q2. Story Protocol initially circulated 25% of its total supply, allowing early users to claim 50 million tokens, now valued at approximately $336 million. Trading volumes for the IP token have also skyrocketed, reaching over $1.1 billion in the last 24 hours. Additionally, the token has seen a 60% increase in open interest, indicating growing bets on its future price. Other altcoins like Sonic, Sei, and Celestia have also experienced a volume and price increase. Story Protocol, backed by significant funding, aims to reinvent how intellectual property is managed, with a focus on AI's role in the future.



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