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cryptonews 2025-02-27 15:58:26

Story ($IP) Defies Market Crash – Can It Keep Surging After a 90% Jump?

The $IP token for the recently launched AI-integrated intellectual property management blockchain, Story, is still one of the most robust cryptocurrencies amidst today’s market-wide crash. The biggest cryptocurrency, the $1.7 billion cap Bitcoin ($BTC) , only dipped 2.2% overnight, although it’s now trading just north of $86,000, which is almost half its projected 2025 price target of $160,000 . As the $2.97 trillion cryptocurrency industry took a 4.2% hit in the last 24 hours, Story’s $IP token also dipped a comparable amount. Its price fell 5.9% overnight to trade at $6.22 as of this writing. Story Price Performance and Market Support Overnight performance, however, doesn’t tell the whole story here, pardon the pun. Despite being just two weeks old, Story’s $IP has already surged an astonishing 206% since its debut and nearly 90% since last Thursday. Story brings intellectual property on-chain, tokenizing it within an AI-powered ecosystem where it can be programmed with usage terms, royalty agreements, or any other smart contract-based arrangement. Since launching on February 13, Story has seen steady support, as evidenced by its diagonal green trendline. The token holds strong at $2 and $4 but faced tough resistance at $7, failing to sustain that level. Last night, it briefly hit an all-time high of $7.31 before pulling back 14.5%. Source: TradingView Story’s Relative Strength Index ($RSI) is 41 and falling, which indicates some ongoing profit-taking from last night. Should the wider market stabilize by tomorrow, Story may hold the fort on or around its current level, priming it for the next leg higher. Traders Hedge Their Plays on Story’s $IP with Best Wallet Presale With anticipation mounting for the new US administration to finally deliver long-awaited regulatory clarity, many believe 2025 could mark the start of a cleaner, more structured golden age of crypto. This optimism helps explain the overwhelming success of Story’s $IP token launch—one of many strong use cases proving that smart money is flowing into projects with real fundamentals. At the forefront of this shift is the ICO for Best Wallet’s native utility token, $BEST . ositioned as a next-generation cryptocurrency wallet, analysts suggest it could challenge industry giants like Trust Wallet and MetaMask. More than just a self-custody solution, Best Wallet offers a full suite of investor-friendly tools designed to help users stay ahead in an evolving market. $10M raised and Best Wallet keeps growing! Holding $BEST isn’t just about being part of the fastest-growing crypto wallet. It comes with real advantages that put you ahead of the game: Exclusive Airdrop Rewards Alpha on The Hottest New Tokens Total Control in One… pic.twitter.com/mRJp7jorsG — Best Wallet (@BestWalletHQ) February 17, 2025 Much of the hype is about the wallet’s “Upcoming Tokens” tool, which selects the most promising crypto projects, often while still in their ICO phases, allowing Best Wallet users to make moves before everyone else. Additionally, it highlights all the most rewarding staking opportunities to optimize the earning potential of your portfolio. The Best Wallet app is on Google Play and the Apple Store and currently supports over 1,000 cryptocurrencies, including Tether and TRON. It utilizes Fireblocks’ MPC-CMP encryption to keep user assets safe. $BEST is currently $0.0239, but this will rise by a fraction as the presale progresses through to the next round in a little over 24 hours. All this has helped the new Best Wallet presale to raise over $10.6 million to date. Follow Best Wallet on X and Telegram . The post Story ($IP) Defies Market Crash – Can It Keep Surging After a 90% Jump? appeared first on Cryptonews .

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