What to know:
Livepeer's native token, LPT, surged 150% to a four-month high of $14.20 following its listing on the Korean exchange Upbit.
The token's advance defied a broader crypto market downturn, with bitcoin falling 2% and the CoinDesk 20 Index dropping 3.5%.
Grayscale's inclusion of Livepeer in its new Artificial Intelligence Crypto Sector and a community survey by Livepeer Foundation may have contributed to the token's momentum, one crypto analyst noted.
The native token of Livepeer
LPT
$12.59
, a decentralized artificial intelligence video processing protocol, soared on Friday to its strongest price in four months on exchange listing and other catalyst.
The token advanced 150% over the past 24 hours, hitting a session high at $14.20, CoinDesk data shows. The surge defied a slump in the broader crypto market, with bitcoin
BTC
$105,585.20
sliding 2% below $106,000 and the CoinDesk 20 Index declining 3.5% during the same period. Most artificial intelligence-linked tokens were down$BTC #TradingTypes101 #MarketPullback #BinanceAlphaAlert #Bitcoin2025 #TrumpMediaBitcoinTreasury 5%-10%.
