AI-CRYPTO EXPLOSION!
#Livepeer SHOOTS UP 150% after the nod from #Grayscale
Is the Future of Decentralized Video and AI already here?
The native token of Livepeer #LPT , a decentralized video processing protocol powered by artificial intelligence (AI), has experienced a meteoric rise of 150% in the last 24 hours, reaching its highest price in four months, an impressive session high of $14.20.
This surge challenged the bearish trend of the crypto market in general, where Bitcoin and most AI tokens experienced declines.
Institutional Recognition from Grayscale: Joel Kruger, a crypto market strategist, highlighted that Grayscale recently launched its "Artificial Intelligence Cryptocurrency Sector," including Livepeer among the 20 selected cryptocurrencies, which adds strong institutional backing.
Developments in the Livepeer Foundation: The advisory boards of the Livepeer Foundation, developer of the ecosystem, have also been activated and initiated a community survey on the strategic direction of the platform, indicating a phase of growth and evolution.