Story (IP) Token Plummets 21.5% Amidst Unprecedented Trading Surge

The Story (IP) token experienced a dramatic plunge of 21.5%, registering significant trading volume on Binance Futures and OKX Spot, sparking speculation about market manipulation. While the token’s price showed a swift rebound, it’s unclear whether this event was driven by sudden market shifts or coordinated selling activities. The rapid decline coincided with an increase in trading volume from $40 million to over $138 million on these exchanges. Analysts and community members alike remain cautious about potential market manipulation, as no official statements have been released. Experts believe high-risk leverage trading may have contributed to the sudden price drop, although no new project announcements or funding updates were cited as potential contributing factors.