Livepeer Token Surges 150% Following Upbit Exchange Listing
The native token of Livepeer, LPT, experienced a significant price increase on Friday, reaching a four-month high. Key points include:
- LPT surged 150% in 24 hours, peaking at $14.20.
- This rise occurred despite a downturn in the broader crypto market, with Bitcoin falling 2% and the CoinDesk 20 Index down 3.5%.
- Most AI-related tokens declined by 5%-10% during this period.
- The price surge coincided with the introduction of trading for LPT on Upbit against KRW and USDT.
- Grayscale launched its Artificial Intelligence Crypto Sector earlier this week, including LPT among 20 cryptocurrencies.
- The Livepeer Foundation initiated a community survey regarding the platform's strategic direction.