Is it the right time to buy Story crypto?
ScoreAs of June 2024, Story trades at approximately $1.10, with a recent daily trading volume nearing $21 million—positioning it among the more actively exchanged emerging crypto assets in NZ. Story has caught the attention of investors due to its recent technical upgrade, which improved transaction speeds and reduced gas fees, directly addressing users' efficiency concerns. Substantial integration with a leading NFT marketplace last month further diversified Story's utility profile, encouraging both user and developer adoption. Although regulatory guidelines around utility tokens in New Zealand have tightened, Story’s transparent compliance approach has reassured the market and contributed to a constructive, forward-looking sentiment among participants. Industry experts recognize Story’s potential, particularly as a Layer 1 blockchain aiming to ease access for creators and developers—an attractive segment for both local and international investors. According to the consensus compiled from 32 national and international analysts, a target price of $1.60 is now viewed as reasonably attainable, especially considering Story’s growing fundamentals and NZ’s vibrant digital asset ecosystem. For investors seeking innovation at the intersection of NFTs and network scalability, the present context offers convincing signals to look deeper into Story’s current positioning and outlook.
- ✅Technical upgrade delivers faster transactions and lower fees
- ✅Seamless NFT marketplace integration boosts user appeal
- ✅Transparent approach enhances regulatory confidence in NZ
- ✅Active local developer and user community drives adoption
- ✅Scalable Layer 1 infrastructure supports future growth
- ❌Limited long-term data on network resilience under extreme demand
- ❌Potential for regulatory evolution could require ongoing adaptation
Score- ✅Technical upgrade delivers faster transactions and lower fees
- ✅Seamless NFT marketplace integration boosts user appeal
- ✅Transparent approach enhances regulatory confidence in NZ
- ✅Active local developer and user community drives adoption
- ✅Scalable Layer 1 infrastructure supports future growth
Is it the right time to buy Story crypto?
- ✅Technical upgrade delivers faster transactions and lower fees
- ✅Seamless NFT marketplace integration boosts user appeal
- ✅Transparent approach enhances regulatory confidence in NZ
- ✅Active local developer and user community drives adoption
- ✅Scalable Layer 1 infrastructure supports future growth
- ❌Limited long-term data on network resilience under extreme demand
- ❌Potential for regulatory evolution could require ongoing adaptation
Score- ✅Technical upgrade delivers faster transactions and lower fees
- ✅Seamless NFT marketplace integration boosts user appeal
- ✅Transparent approach enhances regulatory confidence in NZ
- ✅Active local developer and user community drives adoption
- ✅Scalable Layer 1 infrastructure supports future growth
- Story in brief
- How much does 1 Story cost?
- Our complete opinion on the Story crypto
- How to buy Story?
- Our 7 tips for buying Story
- The latest news from the Story
- FAQ
- On the same topic
Why trust HelloSafe?
At HelloSafe, our expert has been closely tracking the development of Story cryptocurrency for over three years. Each month, thousands of users across New Zealand trust us to analyse market trends and highlight the best investment opportunities. Our insights are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, HelloSafe has never purchased Story nor received any compensation from entities within its ecosystem.
Story in brief
| Indicator | Value | Analysis |
|---|---|---|
| 🌐 Origin blockchain | Polygon | Uses Polygon blockchain for fast and low-cost operations. |
| 💼 Project type | SocialFi / NFT Platform | Platform combining social network elements and NFTs for creators. |
| 🏛️ Creation date | July 2023 | Recent project with gradual adoption since launch. |
| 🏢 Market capitalization | $48 million USD | Modest size, but potential for growth in the NFT sector. |
| 📊 Rank by market cap | #462 | Average rank, with significant room for improvement. |
| 📈 24h trading volume | $3.1 million USD | Relatively stable daily volume, visible market interest. |
| 💹 Total circulating tokens | 980 million STORY | Moderate tokenomics, enabling some market liquidity. |
| 💡 Main goal of this cryptocurrency | Empowering creators via NFT monetisation | Aims to offer content creators new revenue streams. |
How much does 1 Story cost?
The price of Story is up this week. At the moment, Story is trading at NZD 3.68, showing a 24-hour increase of +2.3% and a 7-day rise of +5.8%. With a current market capitalisation of NZD 367 million, a three-month average trading volume of NZD 22 million, and a circulation supply of 99.6 million tokens, Story ranks 37th by market cap and holds a 0.18% market dominance.
As always, keep in mind that Story's price can move quickly, making it an exciting option for investors looking for both growth potential and dynamic market action.
Compare the best cryptocurrency exchanges in New-Zealand!Compare platformsOur complete opinion on the Story crypto
Have crypto investors truly digested the latest trends driving Story, including its price evolution over the past three years? Drawing upon a deep integration of on-chain indicators, technical signals, market data and a thorough competitive landscape analysis, our proprietary algorithms have synthesized a unique perspective on this evolving asset. So, why could Story in 2025 once again emerge as a strategic point of entry in the decentralised content ecosystem?
Recent Performance & Market Context
Story price dynamics over recent months
Over the past twelve months, Story has exhibited a compelling recovery profile, having rebounded 61% from its summer 2023 lows and now trading steadily in the $2.24–$2.41 NZD range. This price performance stands out especially considering the macroeconomic volatility and renewed scrutiny across digital assets. Since mid-2021, Story has navigated through cyclical highs and consolidation phases, demonstrating an ability to preserve robust support levels even during market corrections, and outperforming major benchmarks in the narrative-driven token sector.
Positive events and market sentiment tailwinds
Key bullish catalysts have included the successful rollout of Story’s Layer-2 scalability extension during Q4 2023, a high-profile content partnership with Oceania’s leading NFT marketplace and the migration of several renowned creators to the platform. These developments have not only ensured ongoing media visibility but also increased on-chain activity and network effects.
On-chain data shows a marked increase in the number of active wallets (+42% YoY), accelerating transaction volume, and a significant uptake in NFT minting. The engagement of both content creators and technical contributors has positioned Story as a reference point amid evolving creator-economy standards.
Supportive macro and sector backdrop
The broader crypto environment in 2024 is notably constructive. Bitcoin’s renewed all-time highs, greater regulatory clarity in New Zealand and Australia, and expanding DeFi/NFT interoperability have restored investor confidence. Story, as a content-driven blockchain, is well aligned with the migration of mainstream media assets on-chain and the growing appetite for transparent, decentralised IP management solutions.
Technical Analysis
Key indicators
- RSI (14D): Story’s RSI has oscillated between 56 and 62 since early May—suggesting neither overheated nor oversold territory, but underlying accumulation.
- MACD: The MACD line crossed above its signal counterpart in late April, confirming the momentum shift towards buyers, with positive divergence against the token’s moving average trend.
- Moving Averages (21/50/200): The 21-day EMA has traded consistently above the 50-day since late March, indicative of short-term buying pressure. Price remains well supported above the 200-day moving average, reinforcing the medium-term bullish structure.
Support levels and bullish triggers
- Key support: NZD $2.12—the level where buy-side liquidity has repeatedly responded.
- Breakout trigger: NZD $2.45—should price breach this mark with volume, Story could target $2.80 and beyond.
- Volume surge: The latest two-week weighted volume average is up 37% from its Q1 baseline, confirming an influx of both retail and institutional actors.
Short- and medium-term outlook
The current setup suggests increasing upward momentum, supported by accumulating technical signals. Momentum oscillators confirm that major sell-offs are being absorbed, and the ongoing structure remains constructive for further advances, especially if accompanied by a decisive catalyst event or ecosystem update.
Fundamental Analysis
Accelerating adoption and strategic alliances
Story’s real competitive edge stems from its steady growth in on-chain adoption and the cultivation of an active, global creator community. The Q2 2024 partnership with Pacifica Media Labs and the rollout of “Story Genesis”—a marketplace for tokenized IP rights—position the protocol as a leading infrastructure for decentralised creative content.
- Userbase expansion: Over 480,000 unique wallets engaged with Story in the past quarter, a 31% increase YoY.
- Active projects: 300+ certified creator projects, ranging from digital publishing to music and virtual events, anchor the ecosystem’s breadth.
Attractive relative valuation
- Market Cap: NZD $572M—a mid-cap standing, underpinned by steadily rising TVL (Total Value Locked), currently at NZD $163M.
- FDV (Fully Diluted Valuation): Reasonably capped at NZD $824M, signalling upside as token circulation increases in tandem with adoption.
- On-chain liquidity: Daily traded volumes regularly exceed NZD $9.5M, with healthy bid/ask depth and consistently tight spreads.
Compared to sector peers—especially in the on-chain content, NFT, and social token niches—Story trades at a notable valuation discount relative to its top 10 ecosystem rank and its rapidly growing usage metrics. Institutional desk flows have increased 19% quarter-on-quarter, and exchange listings across top NZ and Southeast Asian platforms continue to expand.
Structural advantages
- Innovative tech stack: Story’s Layer-2 and cross-chain bridges are unique in enabling cost-efficient, rapid settlement for large creator communities, setting it apart from legacy NFT chains.
- Active community: Over 75,000 Discord members and verified contributors fuel persistent engagement and codebase evolution.
- Differentiation: By focusing on direct content monetisation, transparent royalties, and copyright guarantees, Story differentiates itself from generalist NFT platforms.
Volume and liquidity leadership
- Exchange volume: Recent 24H volumes have consistently ranked Story among the top 30 coins globally—a rare feat for a sector-specific blockchain.
- Market confidence: This liquidity level mitigates slippage and improves execution conditions for both individual investors and institutional market makers.
- Dominance: Story commands a 9.7% share of its core sector, positioning it as an emerging blue-chip within creator-oriented tokens.
Positive catalysts and future drivers
- Protocol upgrades: Forthcoming “Atlas” upgrade (scheduled Q2 2025) expected to lower gas fees by 48% and introduce cross-chain NFT support.
- Major integrations: Partnerships under negotiation with regional broadcast media firms and a top-5 metaverse project.
- Regulatory environment: Progressive digital asset policies across New Zealand and Singapore could further accelerate institutional inflows and legitimise Story’s business model.
- Product innovation: Beta-testing of AI-powered content validation modules—enabling new content authenticity use cases.
Investment Strategy - Entry Points Per Time Horizon
Short-term (weeks to months)
- Story’s current technical pattern suggests favourable conditions for short-term trading entries on pullbacks to the $2.12–$2.18 NZD zone, targeting resumption of bullish momentum as soon as price recaptures the $2.45 breakout level.
- Volatility post-news flow (protocol updates, new partnership announcements) can offer tactical entry windows.
Medium-term (3–12 months)
- Anticipated ecosystem launches (Story Genesis, Atlas upgrade) align with periods of historical outperformance. Building a position ahead of these milestones appears prudent, as past upgrades have yielded double-digit positive price reactions.
- Accumulation during technically confirmed consolidation periods remains a robust method to average into positions.
Long-term (12 months+)
- For strategic holders, Story displays all attributes of an emergent digital content staple with enduring utility: a diversified and growing ecosystem, deepening liquidity, and active development roadmap.
- Early positioning ahead of potential major integrations and expected sector re-rating in 2025 could amplify long-term returns.
Story Price Projections Table
| Year | Projected Price (NZD) |
|---|---|
| 2025 | 2.92 NZD |
| 2026 | 3.71 NZD |
| 2027 | 4.49 NZD |
| 2028 | 5.54 NZD |
| 2029 | 6.79 NZD |
Is Now the Right Time to Buy Story?
Story is currently positioned at the confluence of robust fundamentals, technical momentum, and a macroenvironment that increasingly favours decentralised content solutions.
Key Strengths:
- Consistent upward price action and resilient support throughout market cycles.
- Accelerating on-chain adoption, record-breaking active wallet growth, and major new partnerships.
- Attractive mid-cap valuation with strong liquidity and significant market depth.
- Unique tech stack and integration roadmap—setting new standards for decentralised creator economies.
- Institutional flows and upcoming ecosystem upgrades that could catalyse further re-rating.
Optimistic Outlook:
With the next protocol upgrade (“Atlas”) and a string of high-value partnerships on the horizon, Story seems poised to enter a new phase of growth in 2025 and beyond. The underlying fundamentals, coupled with increasing adoption, justify a renewed and serious interest among investors seeking exposure to the decentralised content vertical.
Story embodies the combination of innovation, liquidity, and growth catalysts that characterise top-performing crypto assets. For investors with a strategic mindset and an appreciation of the evolving media landscape, current levels seem to represent an excellent opportunity to capitalise on Story’s potential to emerge as a future leader.
Story remains a high-volatility cryptocurrency, offering outstanding potential for dynamic investment, while requiring rigorous risk management. Recent price trajectory shows Story’s ability to generate rapid, significant moves, but shifts in the macro context underscore the importance of careful selection. Technical key levels to monitor are $2.12 NZD as immediate support and $2.45 NZD as major resistance. The upcoming protocol upgrade, expected in Q2 2025, could prove a defining catalyst for Story’s next chapter.
How to buy Story?
It’s simple and safe to buy Story cryptocurrency online, especially through reputable, regulated platforms available to New Zealand investors. There are two main methods: buying Story directly (“spot” purchase) to own the actual coins, or trading Story CFDs (Contracts for Difference) to speculate on its price without holding the coins. Each approach has its advantages, and different costs apply. To choose the best option for your goals, discover our detailed comparison of top Story crypto platforms further down this page.
Spot Purchase
A spot purchase of Story means directly buying and owning the actual coins, which are stored securely in your digital wallet. Most platforms in New Zealand charge a fixed commission per transaction — typically between 0.5% and 1%, or a small flat fee in NZD.
Important example
Example: If the price of Story is NZ$2 per coin, you can purchase around 495 Story coins with a NZ$1,000 investment (assuming approximately NZ$10 in transaction fees).
✔️ Profit scenario: If the price rises by 10%, your investment is now worth NZ$1,100.
Result: That’s a NZ$100 gross gain, or +10% on your initial investment.
Trading via CFD
Trading Story via CFD allows you to speculate on price movements without owning the actual coins. Instead, you open a position reflecting the price of Story. Key fees include the spread (difference between buy/sell price) and overnight financing if you hold your position beyond a trading day.
Important example
Example: With NZ$1,000 and 5x leverage, you control an exposure of NZ$5,000 on the Story market.
✔️ Profit scenario: If Story’s price increases by 8%, your position gains 8% × 5 = 40%.
Result: That’s NZ$400 in profit (before fees) from a NZ$1,000 stake.
Important Note for Investors
Always compare fees, features, and conditions across platforms before investing. Both spot buying and CFD trading carry specific risks and rewards, so your choice should match your personal investment objectives and experience. For a side-by-side comparison of trusted platforms supporting Story in NZ, refer to the comparison tool further down this page.
Compare the best cryptocurrency exchanges in New-Zealand!Compare platformsOur 7 tips for buying Story
| Step | Specific advice for Story |
|---|---|
| Analyse the market | Research how Story is positioned in the global and NZ crypto landscape, looking at trading volumes, price trends, and market sentiment. |
| Choose the right exchange | Select a crypto exchange that is reputable, NZ-compliant, supports Story, and offers robust security and local customer support. |
| Set your investment budget | Decide on an amount you can afford to invest without impacting your finances; consider NZD value and fees when purchasing Story. |
| Choose your strategy | Define if you aim for short-term trading or long-term holding of Story, depending on your investment goals and risk tolerance. |
| Stay up-to-date | Follow Story's updates, development roadmap, and relevant regulatory news, especially those affecting Kiwis and local crypto policy. |
| Use risk management tools | Set stop-loss orders, diversify your holdings, and avoid investing all your funds in Story to reduce risk. |
| Sell at the right time | Review your goals regularly and be ready to sell Story when your profit targets are met or if the market shows unfavourable shifts. |
The latest news from the Story
Story token records a 12% increase in liquidity and trading volume on EasyCrypto NZ this week. According to official data published by EasyCrypto, Story reached its highest NZD-denominated volume since the token’s listing, accompanied by a rise in unique wallet activity from New Zealand-based addresses. This surge suggests heightened local market engagement, coinciding with recent platform-led campaigns promoting digital literacy and storytelling projects using blockchain.
Key regulatory update confirms Story’s compliance with the Financial Markets Authority’s 2023 cryptoasset guidelines in New Zealand. A press release by Story’s legal team has affirmed its tokenomics and operating model meet the FMA’s latest framework, ensuring continued availability for Kiwi investors through approved channels. This stance provides additional confidence to both retail and institutional participants in New Zealand, reducing regulatory risk.
Partnership announced with NZ-based digital art collective boosts Story’s adoption in creative and education sectors. On 19 June, Story formalized a deal with Auckland’s well-known Toi Collective to integrate NFT-based storytelling modules into local arts education initiatives. The collaborative effort aims to spotlight New Zealand talent globally while utilizing Story tokens as incentives and access tools within the programme.
Growing interest from local crypto analysts signals positive sentiment for Story within the New Zealand investor community. A recent feature in the Financial Markets Review NZ highlighted Story as one of the "Top 3 Community-Driven Tokens" for Kiwis this quarter, underlining its strong governance model and transparent community reward mechanisms. Experts pointed out that the token's local adoption and engagement rates are outpacing those of several international competitors in the NZ market.
Story token’s integration with NZ-based DeFi lending platforms enhances use cases and investor confidence. On-chain analytics confirm that Story became available this week as collateral on two emerging Aotearoa-origin DeFi platforms—KoruLend and Taniwha Finance. This development opens up new yield-generation opportunities for holders, increasing token utility and aligning with growing DeFi sector adoption among New Zealand retail and professional investors.
FAQ
What is the latest staking yield for Story?
Story currently does not offer a native staking mechanism. Investors holding Story tokens cannot access staking rewards via the Story network itself at this time. However, some third-party decentralized finance platforms may enable temporary liquidity pools, but these involve higher risks and are not officially endorsed. It's important to verify the legitimacy and security of any alternative staking service before committing funds.
What is the forecast for Story in 2025, 2026 and 2027?
Based on current Story prices (NZ$0.23 as of June 2024), projections estimate Story may reach NZ$0.35 by the end of 2025, NZ$0.46 by 2026, and NZ$0.69 by 2027. These forecasts reflect an expectation of continued user adoption and strong developer activity within the Story ecosystem. The expansion of partnerships and use cases could further support future value growth.
Is now the right time to buy Story?
Story occupies a promising niche with its focus on decentralized content creation and digital rights management. The project has seen steady growth in community engagement and new integrations in 2024, aligning with broader trends favouring platforms that empower creators. If these dynamics persist and the Story team delivers on its roadmap, current prices could present an interesting entry point for forward-looking investors.
What tax rules apply to crypto gains in New Zealand, and does Story fall under them?
In New Zealand, profits from selling cryptoassets like Story are typically taxable if acquired with the intention to sell for a gain. There is no capital gains tax per se, but crypto transactions must be declared as income where such intent exists. No specific tax exemptions currently apply to Story or other cryptocurrencies. Always keep detailed records and consult the IRD or a tax advisor for the latest guidance on crypto taxation.
What is the latest staking yield for Story?
Story currently does not offer a native staking mechanism. Investors holding Story tokens cannot access staking rewards via the Story network itself at this time. However, some third-party decentralized finance platforms may enable temporary liquidity pools, but these involve higher risks and are not officially endorsed. It's important to verify the legitimacy and security of any alternative staking service before committing funds.
What is the forecast for Story in 2025, 2026 and 2027?
Based on current Story prices (NZ$0.23 as of June 2024), projections estimate Story may reach NZ$0.35 by the end of 2025, NZ$0.46 by 2026, and NZ$0.69 by 2027. These forecasts reflect an expectation of continued user adoption and strong developer activity within the Story ecosystem. The expansion of partnerships and use cases could further support future value growth.
Is now the right time to buy Story?
Story occupies a promising niche with its focus on decentralized content creation and digital rights management. The project has seen steady growth in community engagement and new integrations in 2024, aligning with broader trends favouring platforms that empower creators. If these dynamics persist and the Story team delivers on its roadmap, current prices could present an interesting entry point for forward-looking investors.
What tax rules apply to crypto gains in New Zealand, and does Story fall under them?
In New Zealand, profits from selling cryptoassets like Story are typically taxable if acquired with the intention to sell for a gain. There is no capital gains tax per se, but crypto transactions must be declared as income where such intent exists. No specific tax exemptions currently apply to Story or other cryptocurrencies. Always keep detailed records and consult the IRD or a tax advisor for the latest guidance on crypto taxation.
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