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Outlier04CRYPTO2026-05-01

Story Protocol (IP) Is −72.9% Below Its 90-Day High — Worst Mid-Cap Drawdown in Dataset, Vol Expanding 2.1x

Story Protocol (IP) closed at $0.488 on April 29 — 72.9% below its 90-day high of $1.800 (January 30) and at effectively the 90-day closing low. What makes this a fresh signal today is the volatility acceleration: 14-day annualised volatility has jumped to 121.6% from 58.5% in the prior 14-day window (2.08x), indicating the rate of decline is intensifying. IP is the worst-performing mid-cap asset in the 90-day dataset by drawdown-from-high, with the nearest comparable (SOLV at −53.1%) more than 20 percentage points behind.

Supporting queries

To surface this insight, Baselight ran 5 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

Apr 29 close = $0.488; 90d high = $1.800 (Jan 30); drawdown = −72.9%; 90d low close ≈ $0.485 (Apr 13); 14d vol = 121.6% annualised vs prior 58.5% (2.08x ratio); 7d return = −3.4%.

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