Image: https://www.gate.com/trade/IP_USDT
In the 2025 crypto market, IP_USDT—the trading pair for Story Protocol’s native token IP and the stablecoin USDT—is gaining increasing attention from investors. Currently, IP is priced at $5.576, with a 24-hour high of $5.893 and a low of $5.510, signaling a period of market consolidation.
IP serves as the native token for Story Protocol. It is designed for intellectual property registration, authorization, royalty distribution, and network security. Trading against USDT allows investors to easily assess its market value and price volatility.
According to candlestick chart analysis, IP briefly spiked to $7.189 before correcting to its current range. Prices now remain steady between $5.5 and $5.9. Moderate trading volume indicates steady market activity, but volatility risks remain significant.
Story Protocol aims to create a decentralized marketplace for intellectual property. The IP token serves not only as a payment method but also as the backbone of the entire ecosystem:
Technical indicators show the 5-day moving average (MA5=5.593) is very close to the current price. This suggests price movement is confined between support and resistance levels. If the price breaks above $6, it may trigger a new rally; if it falls below $5.5, further downside could follow.
Opportunities:
Risks:
IP_USDT represents both a trading opportunity and the underlying value of the Story Protocol ecosystem. For investors, understanding how it is used is more important than tracking price changes alone.