LPT Drops 17% After Upbit Listing Surge and Grayscale Inclusion Spurs Volatile Trading

Livepeer (LPT) is currently trading at $9.120, down 17.47% over the past 24 hours from a 24h open of $11.050, with substantial trading volume reflecting continued investor interest. The recent price volatility follows a sharp surge earlier in the week, driven by LPT’s listing on Upbit and its addition to Grayscale’s AI crypto sector holdings, which led to a rapid rally and significant trading activity across major exchanges. The latest downturn appears to be a result of profit-taking and market consolidation after the initial spike, as the broader crypto market remains cautious and technical indicators suggest short-term volatility following the overheated rally.