IP token continues its decline as initial launch and listing hype slowly dies down.

Story (IP) continues to lose steam following its initial post-launch rally. On Thursday, June 19, the IP crypto price was down 8.74%, contributing to a 35.51% decline over the past 30 days. A combination of broader market sentiment and investor profit-taking is exerting significant bearish pressure on the token.

Crypto markets have been under pressure over the past month, especially since the onset of the Iran-Israel conflict. Still, despite broader headwinds, major crypto assets have shown relative resilience. Bitcoin (BTC) lost 1.2% over that period, while Ethereum (ETH) was up 0.49%. However, this was not so for smaller…