Why does Livepeer's currency continue to rise despite the recession in the cryptocurrency market?
On May 30, 2025, Livepeer's currency surpassed 50,487,230,112, with an increase exceeding 110%, reaching record levels, at a time when the cryptocurrency market is experiencing a general recession. This exceptional performance is attributed to several key factors:
1. Listing of LPT in the Grayscale Decentralized AI Fund: This listing increased institutional investor confidence in the project, contributing to raising demand for the currency.
2. Launch of Livepeer AI: Livepeer announced the launch of the Livepeer AI service, which provides open-source tools for creating videos using artificial intelligence, attracting the interest of both developers and investors.
3. Strategic Partnerships: Livepeer collaborated with platforms such as VideoCoin to enhance its video processing capabilities, expanding its usage scope and increasing its market value.
4. Increase in Trading Volume: The currency experienced a 138% increase in trading volume within 24 hours, reflecting growing interest from investors.
These factors collectively demonstrate Livepeer's ability to grow and shine even in difficult market conditions, making it one of the promising cryptocurrencies in the coming period.
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