IPST: High-Risk, High-Reward Equity Proxy on Story Protocol’s $IP Token with Undervalued Validator-Driven Upside
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Darren Aftahi from Roth MKM has initiated a Buy rating on Heritage Distilling Holding Company (IPST), viewing it as a high-risk, high-reward equity proxy for Story Protocol’s $IP token. He believes the token's design links real-world IP usage to its value, with rising on-chain activity potentially boosting both token prices and IPST's economic value. Aftahi highlights IPST’s validator-driven business model, which generates recurring revenue, and notes that the company trades at a discount to its token holdings. His analysis supports a price target of $8.20 for IPST.
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