PANews reported on August 31st that official Upbit trading data indicates that IP has leapt into second place in terms of trading volume on the platform, second only to XRP and surpassing BTC, ETH, and SOL. Simultaneously, ip.world, the Story ecosystem's first IP-driven token launch platform, has seen a surge in popularity, with meme coins across the ecosystem generally surging by over 20%, with LARRY reaching a market capitalization of $62 million and LOUIE reaching $8.7 million.
Previously, the Story Foundation announced that it had completed a repurchase of approximately US$3 million, driving the IP price to surge by more than 50% within 24 hours and now at US$7.95.