Story Protocol (IP) Price Surges to $6 Following New Meme Launchpad Launch
Story Protocol (#IP) reached a price of $6 on July 28, resulting in a market cap of $1.7 billion, according to CoinGecko. The increase was driven by the launch of IP.World, a SocialFi platform for meme IP tokens, enabling creators to mint ownership assets tied to digital content.
- Version 1 focused on IP-backed meme coins; Version 2 adds full SocialFi features.
- The rollout introduces remix incentives, trading profiles, and on-chain token evolution.
- The product aims to return value to original creators through virality-scored content.
Price Forecast
- IP price has closed above the upper Bollinger Band ($5.98) for two consecutive sessions, indicating strong buying pressure.
- Current support is at the 20-day moving average ($4.70); resistance near $7.80.
- A breakout above $6.20 could lead to further gains.
- A close below $5.00 would negate current momentum, risking a drop to $3.40.
Impact on Solaxy Presale
- Story Protocol's launchpad may increase demand for Solaxy, which offers scalability and meme appeal.
- SOLX is currently trading under $0.02 and is available for claiming and staking.
Story Protocol Price Forecast | IPUSDT 24H Chart
Solaxy presale