On March 18, IP, the native token Story Protocol, emerged as the top-performing cryptocurrency of the day with a surge of 27.3% in the 24-hour trading volume. That exceptional rally caught the eye of the crypto community, which reignited discussions about its potential.
IP began trading on February 13 and experienced an explosive first 24 hours, with its value rising by 1,455%. The token sustained its upward momentum, recording an all-time high of $9 on February 20.
What Is the Story Protocol ($IP)?
Story is a Layer 1 (L1) blockchain built with the purpose of serving as the foundation for intellectual property (IP) on the Internet. Recognizing IP as a critical asset in the digital economy, Story enables creators and AI agents to control, trade, and monetize their intellectual property seamlessly. The native cryptocurrency of the Story ecosystem, $IP token, can be used:
- As the payment method for transactions on the Story ecosystem.
- For the registration and validation of Intellectual Property Assets (IPAs).
- For licensing IP assets and gaining commercial rights.
- To be a part of the governance decisions in the Story Ecosystem.
- For staking to provide network security and transaction validation.
- To enable revenue-sharing and royalty distribution for IP owners.
Story IP Gaining Momentum
$IP has regained its bullish momentum after its successful breakout from a symmetrical triangle pattern that restricted price movements for weeks. On March 11, the token’s price moved past the upper descending trendline of the triangle at the $5.21 range.
Succeeding the breakout, IP surpassed the $5.93 resistance level, which turned into support, resulting in a surge in trading volume. This move signaled renewed buying pressure, which potentially led to further gains.
At the moment, $IP is trading at $6.1 and is once again testing the triangle’s upper resistance. A successful breakout from this level, alongside a confirmed retest, coils send the price toward the $8.50 mark, offering a 27% upside potential from its current price.
Short-Term Price Prediction Of $IP
Month | Min. Price | Avg. Price | Max. Price | Potential ROI |
---|---|---|---|---|
Mar 2025 | $ 6.08 | $ 12.24 | $ 20.54 | 224.25% |
Apr 2025 | $ 18.70 | $ 24.06 | $ 28.54 | 350.65% |
May 2025 | $ 15.02 | $ 18.24 | $ 22.40 | 253.63% |
Jun 2025 | $ 20.56 | $ 21.80 | $ 24.31 | 283.74% |
Jul 2025 | $ 15.89 | $ 19.45 | $ 21.97 | 246.88% |
Aug 2025 | $ 13.28 | $ 15.35 | $ 17.07 | 169.43% |
Sep 2025 | $ 13.44 | $ 15.39 | $ 16.24 | 156.33% |
Oct 2025 | $ 10.32 | $ 11.66 | $ 13.05 | 106.04% |
Nov 2025 | $ 10.97 | $ 11.77 | $ 12.77 | 101.63% |
Dec 2025 | $ 11.24 | $ 11.36 | $ 11.47 | 81.13% |
As shown in the table above,$IP is forecasted to project a price growth in 2025, with its highest valuation expected to be $28.54, while the lowest price it is expected to change hands at is $6.08, and the annualized average price is calculated at $16.13. The current market sentiment for $IP appears to be ‘Bullish’, with demand for the token at a high, as projected by the Fear and Greed Index, which shows 46 (Fear). All this could result in a potential Return on Investment (ROI) of 353% compared to the current rates.
Final Remarks
IP’s breakout has sparked a bullish trend. As per the prediction table, the prices show promising growth, so much so that the token is expected to have a new all-time high price after the breakout. This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.