News 
February 13, 2025 
4 min. 
The cryptocurrency Story (IP) experienced a sharp decline of over 30% just minutes after being listed on Coinbase. Initially, the asset reached an all-time high of $2.89, but soon dropped to $1.91, according to data from CoinMarketCap.
Why Did Story (IP) Crash After Its Coinbase Debut?
Sharp price fluctuations following a Coinbase listing are not uncommon. A study by Blockworks found that in 2024, nearly 80% of cryptocurrencies listed on Coinbase and Binance experienced price increases of at least 10% after listing. However, these initial surges are often followed by significant corrections as early investors cash out their gains.
Several factors contributed to Story (IP)’s sudden decline:
- Profit-taking by early investors: Traders who accumulated Story (IP) before its listing may have sold their holdings immediately, triggering a sell-off.
- Speculative trading: High-profile exchange listings often attract short-term speculators, increasing volatility.
- Market sentiment and liquidity dynamics: While a Coinbase listing boosts visibility and liquidity, it can also expose tokens to price manipulation and unpredictable market movements.
What Is Story (IP)?
Story is a layer-1 blockchain designed to tokenize intellectual property (IP) in an AI-driven economy. Its native token, IP, is used for:
- Paying transaction fees
- Registering intellectual property assets
- Participating in governance decisions
The project aims to provide a decentralized solution for content creators, artists, and businesses to secure and monetize their intellectual property.
What’s Next for Story (IP)?
Although Story (IP) has struggled with volatility since its Coinbase listing on February 13, 2025, the long-term outlook depends on its ability to deliver on its technological promises and drive real-world adoption.
Short-term losses might shake investor confidence, but if Story’s technology gains traction, the token could recover and establish a more stable valuation. Moreover, this sharp price drop right after the listing could be an opportunity for investors who believe in the project.
