Story IP's token price surged 11.8% to $9.62 following a week of declines, fueled by increased retail buying and a strategic partnership with Verse8 announced at the Origin Summit. The collaboration aims to integrate Moonbirds and Azuki IP into AI-driven gaming, boosting interest despite limited immediate revenue impact.
The token's trading volume spiked to $235.5 million, with its market capitalization reaching $30.1 billion. Technically, Story IP has reclaimed its 30-day simple moving average at $9.62, but faces resistance at $10.20. A breakthrough above this level could signal further gains, while a decline below $9.37 might lead to a drop to $7.86.
Story IP Token Rebounds 11.8% Amid Retail Buying and New Partnership
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