Story protocol symbols decreased by 20 % and recovered the entire step within hours late Monday in an extraordinary trading session.
The IP decreased from approximately $ 4 to $ 3.27 in a period of four hours, as it jumped to more than 4 dollars in a few hours after it reached the lowest daily level. The majority of the trading volume during this event focused on the main exchanges of Binance and OKX, with more than $ 40 million in trading volumes before collapse and $ 138 million after recovery.
The broader encryption market was relatively stable at the time, as Bitcoin is trading of about $ 84,000 and there is no clearly comprehensive direction that affects Altcoins. Make this sudden stagnation and sudden recovery of IP as an isolated event.
Rumors you belong Large quantities of IP codesBesides other symbols like Move and Layer, they were sold at reduced prices through OTC deals. This led to speculation about internal activity or the sale coordinated between X.
As such, the IP futures futures showed only $ 1.4 million of cumulative losses amid price fluctuations, which is a very low number given the sizes of rapid move and trading sizes. This indicates that all trading activities were dominated by actual and purchase immediate sales.
This step led to early concerns about the sale of a talisman (OM), which decreased by 90 % within hours late Sunday in a controversial step whose specified case is still unclear until Tuesday.
The story protocol is a group of layer 1 that focuses on the distinctive symbol of intellectual property (IP), allowing creators to register, license and invest their business in the series.
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