Story Price Prediction – Why Is IP Coin Pumping?

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At a time when Bitcoin and most altcoins are bleeding in red, Story Protocol (IP Coin)—a newly-launched Layer-1 blockchain platform—has kept its growth trajectory intact, soaring by nearly 180% on the weekly chart to hit $6.64.

The utility-driven token debuted on top-tier exchanges like OKX, Coinbase, and Bitget on February 13, 2025—the same day the mainnet version of its protocol was rolled out.

While it plummeted from its listing price of $2.89 to $1.37 shortly after going live due to heavy sell-offs, IP coin quickly bounced back and has remained in the green since that time.

Why is this IP coin pumping amid the scathing crypto market crash?

What Is Story Protocol?

Intellectual property (IP) is one of the potent instruments for driving innovation in the digital economy. However, its potential remains largely untapped due to lack of trust and legal complexities.

Story Protocol claims to be the solution to these issues by offering a decentralized AI platform that can help developers handle creative works in the digital age.

According to its website, the project leverages the concept of “Programmable IP” to improve the process of registering, licensing, and monetizing creations.

Story Protocol launched its mainnet on February 13, making it possible for users to register and protect their digital property. Its native token—IP coin—was also airdropped the same day to those who participated in its testnet tasks.

Basically, the token serves as a medium through which users can pay transaction fees and participate in the protocol’s governance activities.

Why Is $IP Coin Pumping?

$IP coin is one of the few altcoins that have continued to defy market odds, registering a double-digit pump on the daily chart.

The Story Protocol token’s market cap has also soared by nearly 30% in the past 24 hours to hit $1.6 billion, while its trading volume just surpassed $2.4 billion, up by approximately 186%. That impressive performance has helped the crypto secure a spot among the top AI coins around.

$IP’s breakout growth amid market-wide downtrend is underpinned by several factors. One is the recent partnership with StabilityAI, further boosting its credibility and adoption.

Another is the announcement that Story Protocol’s RWA platform Aria has acquired and tokenized part of the copyright of BTS and Steve Aoki’s collaborative single “The Truth Untold.”

That move not only brought one of the world’ most popular music creations to the blockchain’s RWA IP ownership space but also expanded Aria’s catalog to 90 songs.

Together, these two events have caused a significant rise in investor sentiment around Story Protocol. In fact, in the last 48 hours, most conversations about the blockchain-based platform on different social networking sites have been positive, further boosting the demand and price of $IP.

Can $IP Sustain Its Bullish Trajectory?

IP bulls continue to show resilience, exerting more pressure to push the token’s price above its February 20 peak of $7.11. At press time, IP trades above all the moving averages, showing intense buying pressure in the market.

Further, the 50-day MA ($5.42) is above the 200-day MA ($4.62), signalling short-term bullish momentum. As long as the price stays above the 50-day MA, the market remains in a strong position to push higher.

Further resistance may emerge at $7.05, the token’s intra-day high. If early profiteering commences, the Story protocol token price could test its immediate support at $5.42, aligning with the 50-day MA. Should the selling pressure persist, subsequent supports could be found at the $4.64 and $3.60 levels.

However, a zoomed-out look at the daily chart shows that IP is more likely to continue its bullish momentum. The cup and handle pattern supports the upward trend, with the next significant resistance levels at $6.86, $7.49, and $9.49, respectively.

If the price sustains this upward trajectory, a breakout above this resistance could signal further gains, potentially leading toward $10 in the medium term.

IP Coin Price Prediction

Short-Term

Currently, the IP coin’s RSI is above the mean level, reading 62.98. This simply means the token is not yet overbought, despite the heavy buying pressure. Hence, there is still room for further upside.

Moreover, the daily low is $6.32, while on the upside, the token has climbed to $7.05. This slight fallback has only been a consolidation on the pattern’s handle, which is usually a signal of an imminent breakout.

Market participants should closely monitor price action near the $7.05 zone. A decisive breakout could herald a continuation of IP’s uptrend, while a decline in momentum might signify a consolidation or potential reversal in the prevailing trend.

Long-Term

Story Protocol’s adoption rate, despite launching a couple of days ago, has been quite impressive. In fact, within the first 24 hours of its arrival on mainnet, it recorded more than 200k transactions, depicting real user interest.

In the event that this momentum is sustained and the platform continues its collaboration spree, it is possible for the IP price to experience a steady increase, potentially trading around $20 and $30 in the coming years.

Best Wallet – A Highly-Secure Web3 Wallet To Store IP & Other Long-Term Cryptos

Despite the short-term turmoil in the broader market, investor appetite for utility-driven altcoins like IP remains strong. However, the potential of these assets is better maximized by storing them in an easy-to-use Web3 wallet with industry-leading security tools.

That’s where Best Wallet springs to mind, as it has built a track record of success when it comes to safeguarding users and their assets. Funds held inside the wallet are insured through Fireblocks, which also ensures that users do not have to remember long and overbearing passphrases to access their accounts.

This is in addition to its self-custody posture, which further guarantees user privacy and security. Other security measures like multi-factor authentication and biometric verification have also been put in place to help users forestall unauthorized access to their funds.

Other than its standard security setup and associated features, Best Wallet also provides an intuitive facility that allows users to buy, sell and swap thousands of crypto coins across 60 chains. A third-party DEX has also been integrated to deliver efficient cross-chain swaps within its Web3 app.

While other features like iGaming facility and staking perks are also noteworthy, the “Upcoming Tokens” tool it has rolled out has gained the most attention. The launchpad provides a seamless pathway for investors to connect with high-potential opportunities at their zero stage.

Famous crypto experts like ClayBro believe Best Wallet’s multi-layered functionality makes it a strong contender in the growing non-custodial wallet market segment.

It has a native token—BEST—which has already raised more than $10.5 million in presale. Holders should expect multiple perks and benefits such as reduced transaction fees, higher staking yields, governance rights, and access to early-stage projects.

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