Story postpones $IP token unlock to August 2026

AIcoin2026/02/02 04:48

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Story announced that the first major unlock date for $IP tokens allocated to the team, investors, and early contributors will be postponed from February 2026 to August 2026, in order to slow down the pace of new token supply. This adjustment will be executed automatically via smart contracts and does not change the total token supply or individual allocations. The aim is to gradually introduce liquidity and better align with community demand. Currently, the $IP token is valued at approximately $500 million, but daily on-chain revenue is less than $100. Over the past month, the price has dropped by about 32%, intensifying market concerns over low-activity, high-valuation crypto projects and their token unlocking mechanisms.

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