š Livepeer ($LPT ) Sees Massive Surge in Trading Volume Amid Upbit Listing and AI Sector Growth
Livepeer ($LPT) has experienced a significant increase in trading volume, reaching over $808 million in the past 24 hours. This surge follows its recent listing on South Koreaās largest cryptocurrency exchange, Upbit, which introduced trading pairs with both KRW and USDT.
The listing has propelled $LPTās price to approximately $10.42, marking a substantial gain from its previous levels.
Contributing to this momentum is the growing interest in AI-focused cryptocurrencies. Livepeerās inclusion in Grayscaleās new Artificial Intelligence Crypto Sector fund has attracted institutional attention, further boosting its market performance.
Analysts suggest that if bullish trends continue, $LPT could test higher resistance levels. However, they also caution about potential volatility due to profit-taking and broader market dynamics.
Investors are advised to monitor market movements closely and consider both the opportunities and risks associated with $LPTās recent activity.