$LPT Today at noon, a leading exchange suddenly launched a new trading pair for LPT. Within two minutes after the announcement, the LPT price soared by 30%, rising from around $5.5 to $6.8, then retracing to fluctuate around $6.3. This volatility reaffirms the significant impact of regional market liquidity changes on token prices.
On-chain data shows that this anomaly has traces of capital coordination:
• Large chip migration: On May 14, a single withdrawal record of 1.08 million LPT was observed, with a net outflow from exchanges reaching 500,000 LPT;
• Whale positioning: 3 new mysterious large holders among the top 20 addresses, collectively hoarding 950,000 LPT, which may indicate a medium to long-term bullish signal.
Technical implementation: The three-stage leap of the AI video strategy
Livepeer has upgraded from a decentralized video transcoding network to a core competitor in AI video infrastructure. Its core strategy is divided into three phases:
1. Sandbox validation (completed): A sub-network composed of 20+ AI nodes is operational, supporting developers in testing decentralized AI media tools;
2. Performance optimization (in progress): Expanding GPU compatibility (covering low VRAM devices), shortening container loading times, and enhancing edge scenario processing capabilities;
3. Mainnet expansion (Q3 2024): Supports customizable AI model workflows, establishes content provenance mechanisms, and reduces developer costs.
This architecture provides low-cost, censorship-resistant AI computing power through thousands of distributed GPUs, directly addressing the structural pain points of centralized cloud services. If the third phase is implemented as scheduled, node operators can earn both ETH and LPT through GPU resources.
Technical aspects and on-chain signals: Buyer-dominated rhythm
• Volume and price structure: The 4-hour chart shows price increases accompanied by significant volume (green bars), and a decrease in volume during price drops (red bars), indicating buyer control advantage;
• Key level distribution: First resistance zone at $14.5, second pressure zone at $17-19, and the current price stabilizes at $21 (Fibonacci 0.618 level) forming support;
• Indicator health: MACD shows a bullish crossover, RSI at 75 is not overbought, leaving room for upward movement.
Long-term value: All-circulation scarcity and institutional bets
The core advantage of LPT lies in the complete circulation of the token (total supply of 40.53 million), with no unlocking sell pressure risks. The current circulating market value is approximately $164 million. Value predictions show polarization:
• Conservative expectation: Reaching $7.9 by the end of 2025 (based on current development progress);
• Optimistic scenario: If AI video market share exceeds 15%, it may challenge the historical high of $54.83.
At the institutional level, LPT has been included in compliant decentralized AI thematic funds, alongside leading AI tokens, providing a channel for traditional capital allocation.
Risk warning: Rational thinking amid frenzy
Despite strong short-term momentum, investors need to be wary of three hidden concerns:
1. Regulatory variables: Global policies on the 'AI + crypto' crossover field remain ambiguous, potentially triggering fluctuations of over 30%;
2. Technical delays: A delay in the third phase of the mainnet would severely impact market confidence;
3. Volatility trap: Today's spike and drop confirm the 'good news realized leads to sell pressure' pattern, making blind chasing of price increases extremely risky.
