The current real-time price of WIP is $1.91. In the past 24 hours, WIP has traded between $1.91 and $2.18, showing strong market activity. The all-time high of WIP is $14.73, and the all-time low is $0.6762.
From a short-term perspective, the price change of WIP over the past 1 hour is , over the past 24 hours is +0.04%, and over the past 7 days is -8.94%. These figures provide a quick overview of the latest price trends and market dynamics of WIP on LBank.-20.73%
The live price of WIP today is $1.91, with a current market cap of $1.447M. The 24-hour trading volume is 228K. The price of WIP to USD is updated in real time.
Before deciding whether to buy or sell WIP, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WIP technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WIP.
How much will WIP be worth tomorrow, next week, or next month in ? What about your WIP assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! WIP Price Prediction
To learn more about WIP, consider exploring other resources such as the whitepaper, official website, and other published information:
Wrapped IP (WIP) is the ERC-20 compatible version of the Story Network's native IP token. It is designed to enable the native token to function within Decentralized Finance (DeFi) applications that require the ERC-20 standard. By wrapping the native asset, users can interact with various decentralized applications, liquidity pools, and smart contracts within the Story ecosystem while maintaining a 1:1 value peg with the native IP token.
Story Protocol is a Layer 1 blockchain infrastructure that transforms intellectual property into "Programmable IP." This allows creators to turn assets like art, music, or code into programmable entities with automated licensing and royalty terms. WIP serves as the functional utility token for this ecosystem, allowing these programmable assets to be traded, staked, or utilized in financial protocols on an EVM-compatible network.
WIP is primarily used for decentralized finance activities on the Story Network. This includes providing liquidity on decentralized exchanges like Story Hunt and PiperX, participating in lending and borrowing protocols, and engaging in liquid staking. Through liquid staking platforms like Verio or Meta Pool, users can stake their tokens to support the network while receiving liquid assets to use elsewhere in the ecosystem.
Users can wrap or unwrap their tokens using the official Story Network bridge or specific interface functions within supported decentralized applications. Wrapping involves locking native IP tokens in a smart contract to receive an equivalent amount of WIP. Unwrapping is the reverse process, where WIP is burned to release the original native IP tokens. This mechanism ensures that the circulating supply of WIP is always backed by locked native tokens.
The Story Protocol was developed by a highly experienced team including SY Lee, the former founder of Radish Media, and Jason Zhao, previously a product manager at Google DeepMind. Their background in media and artificial intelligence supports the project's goal of capturing the massive intellectual property market by making IP assets programmable and easily monetizable through blockchain technology.
Yes, WIP is fully compatible with EVM-based wallets like MetaMask. Users can manage their WIP tokens by adding the Story Network RPC settings to their wallet. For trading, WIP is available on major platforms like LBank and various decentralized exchanges within the Story ecosystem. To ensure security, users should always verify the official contract address to avoid counterfeit tokens or confusion with unrelated projects.
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