While there may have been volatility in the market at the start of this week, the fact remains that some crypto prices remain in a higher-time-frame bull trend and continue to attract investor attention.
Story’s (IP) performance over the past month highlights this point, as the coin has rallied by a whopping 65% to its current price above $9. It also reached a new all-time high (ATH) of $11.81 just one week ago.
But as Story builds momentum, traders are searching for other altcoins that might follow suit and generate strong gains. One project garnering significant attention is SUBBD Token (SUBBD), with its ongoing presale recently surpassing the $1.1 million raised milestone.
SUBBD is building a creator-focused ecosystem that combines blockchain technology and AI integrations to empower influencers, and help them establish more meaningful connections with their audiences. Besides investor interest, SUBBD has also attracted the attention of top analysts, with some predicting up to 100x gains after SUBBD lists on exchanges.
Story Price Surges 65% Amid Bullish Treasury Investments
Currently trading above psychological support at $9, Story has been on fire this month with around a 65% surge. The move was triggered by Nasdaq-listed company Heritage Distilling (Nasdaq: $CASK) opening the first publicly listed treasury vehicle focused on IP tokens.
Heritage secured $220 million in private investment in public equity (PIPE) financing in August to support its IP acquisitions. Investors included a16z crypto, Arrington Capital, dao5, and Polychain Capital, among others.
Story surged over 30% in a single day after Heritage opened the treasury earlier in September. IP remains up 7% over the past week, but its price has dropped 4% today – and 20% from last week’s all-time high (ATH).
This raises the question: is Story’s bullish momentum exhausted, or could we see a revival and new gains in the weeks ahead?
Story Buybacks Could Spark Next Rally
Story plans to use proceeds from the treasury deal to buy back IP tokens from the open market, which could create demand pressure in the upcoming weeks.
It’s also worth highlighting that the project’s ecosystem is gaining real traction. It’s a Layer 1 blockchain focused on intellectual property that aims to give control and rewards to content creators during the AI era. It has already partnered with well-known names like Justin Bieber, BTS, Blackpink, Adidas, and Crocs – proving its ability to operate in the upper echelon of the entertainment and fashion industries.
Fundamentally, Story appears well-positioned for further growth, and the analyst MoneyStack also mentioned that the team might be preparing an airdrop, which could bolster its bullish momentum alongside the buybacks and partnerships.
However, one concern with Story is whether it can maintain momentum after such a strong rally. With a market cap of nearly $3 billion, traders might be cautious about profit-taking and could look for alternatives like SUBBD Token instead.
Why Analysts Back SUBBD Token For Bigger Gains
Like Story, SUBBD (SUBBD) is a new AI-focused platform that aims to empower digital creators – but it operates differently. The project is developing a subscription-based social media app that enables creators to earn recurring revenue from their content. What sets it apart from other similar apps is its integration of crypto and AI tools.
The project provides creators with AI-powered automation to streamline previously time-consuming account management tasks. It also offers AI avatars that enable users to create content with AI personalities, allowing them to profit from the subscription-based creator economy without appearing on camera.
The platform is powered by the SUBBD Token, which enables fast, secure, and private payments, as well as unlocking a range of benefits. These include access to exclusive content, staking rewards (currently at a 20% APY), early beta access to new features, and more.
It’s this use case, along with SUBBD’s built-in utilities, that’s fueling positive sentiment and leading analysts like Jacob Bury to back the project for huge gains of up to 100x.
SUBBD Token is strategically positioned at the intersection of crypto, content creation, and AI, creating some parallels with Story’s narrative. However, there is a huge discrepancy in their valuations – Story is worth around $3 billion, while SUBBD has raised $1.1 million.
With this in mind, it’s clear that SUBBD could have more upside potential and be the better option for investors looking to maximize their gains in the months ahead.
This article is not intended as financial advice. Educational purposes only.
