{"id":15075,"date":"2025-02-26T11:32:07","date_gmt":"2025-02-26T11:32:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15075"},"modified":"2025-02-26T11:32:07","modified_gmt":"2025-02-26T11:32:07","slug":"story-protocols-ip-rockets-40-as-traders-bet-on-ip-tokenization","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15075","title":{"rendered":"Story Protocol\u2019s IP Rockets 40% as Traders Bet on IP Tokenization"},"content":{"rendered":"<div>\n<p>Crypto traders are likely still reeling from Tuesday\u2019s market carnage, but bullish bets on two altcoins are paying off handsomely.<\/p>\n<p>Intellectual property upstart Story\u2019s IP is up nearly 40%, beating a 5.20% rally in major tokens tracked by the <a href=\"https:\/\/todayincrypto.coindesk.com\/cd20\" target=\"_blank\">broad-based CoinDesk 20<\/a>, while on-chain exchange Hyperliquid\u2019s HYPE is up 15%.<\/p>\n<p>Monitoring outperforming tokens during a market rally or rebound indicates demand \u2014 making these ripe to put on one\u2019s radar as any future dips could turn profitable for traders.<\/p>\n<p>IP-tracked futures showed a 52% rise in open interest to $162 million on Wednesday, signaling trader enthusiasm. Story Protocol tokenizes creative assets \u2014 like art, music, or AI-generated content \u2014 into programmable, tradable entities that give their holders or owners the right to the underlying asset.<\/p>\n<p>Story ecosystem project Aria Protocol said on Wednesday it had acquired partial rights to &#8220;The Truth Untold&#8221; by Korean band BTS, a song with over 670 million streams.<\/p>\n<p>Elsewhere, strong fundamentals could be fuelling HYPE\u2019s demand. The mothership exchange saw over $190 billion in trading volumes in January and $167 billion in February, with all revenue generated for token buybacks from the open market.<\/p>\n<p>Data shows Hyperliquid made <a href=\"https:\/\/defillama.com\/chain\/Hyperliquid\" target=\"_blank\">$3.5 million<\/a> on Tuesday alone, with nearly $40 million generated so far this month. This creates steady buying pressure for HYPE regardless of the broader market\u2019s movements.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto traders are likely still reeling from Tuesday\u2019s market carnage, but bullish bets on two altcoins are paying off handsomely. Intellectual property upstart Story\u2019s IP is up nearly 40%, beating a 5.20% rally in major tokens tracked by the broad-based CoinDesk 20, while on-chain exchange Hyperliquid\u2019s HYPE is up 15%. Monitoring outperforming tokens during a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15075","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15075"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15075\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}