Based on current data and market sentiment, Story Protocol’s $IP token has seen a pre-market price hit of $7 per token, valuing it at a $7 billion fully diluted valuation (FDV), indicating strong investor confidence in its potential. The utility of Story Protocol lies in its ability to tokenize intellectual property (IP) on a blockchain, providing creators with tools to manage, license, and monetize their work transparently and efficiently. As the first Layer-1 blockchain focused on IP, its utility could drive significant growth, especially with AI integration for automated IP transactions, potentially affecting its price trajectory positively in the future.
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