LPT Surges 130% After Major Exchange Listings, Then Drops 20% Amid Record $2.89B Volume

Livepeer (LPT) is currently trading at $8.816, down 20.72% over the last 24 hours, with 24-hour trading volumes reaching up to $2.89 billion and a market capitalization between $369 million and $386 million. The recent sharp price movements were driven by LPT’s listing on major exchanges, including Upbit, which triggered a surge of over 130% and record trading activity, followed by a rapid correction as the token encountered technical resistance and profit-taking. Additional catalysts included the introduction of new trading pairs (LPT/KRW, LPT/USDT), advancements in AI-driven video infrastructure, Grayscale adding LPT to its AI Crypto Sector, and notable whale accumulation, all contributing to heightened investor interest and market volatility.