๐ June 3, 2025
Livepeer (LPT) is setting the crypto world on fire! ๐ฅ With prices swinging and volume surging, this could be the altcoin to watch this summer. Letโs break it down:
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๐ Current Stats
๐ต Price: $8.37 (CoinMarketCap), $9.11 (Coinbase)
๐ 24h Volume: $486M+
๐ฐ Market Cap: $344M โ $371M
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๐ What Just Happened?
On May 30, LPT skyrocketed 150% to hit $14.20 after being:
โ Listed on Upbit ๐ฐ๐ท
โ Added to Grayscaleโs Decentralized AI Fund ๐ค
Itโs now stabilizing around $12, but analysts are eyeing breakout targets of $16 or even $25.50 if support holds above $7.40โ$8.
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๐ง Tech Indicators
50-day SMA: $5.14 (๐ medium-term uptrend)
200-day SMA: $8.59 (resistance zone)
RSI: 49.91 (neutral, ready to move!)
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๐ฌ Social Buzz
Crypto X (formerly Twitter) is full of LPT bulls ๐:
๐ Steady trading volume
๐ Binance whale activity ๐
โ ๏ธ But warnings to avoid over-leveraging still stand!
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๐ Network Growth
๐น +4% increase in video transcoding (Q3 2024)
๐ Launch of AI Subnet for next-gen video processing
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๐ Price Forecasts
๐ฎ 2025: $5.16 โ $27.50
๐ 2030: As high as $231.40, driven by decentralized video demand!
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๐ Final Word:
Livepeer is more than hype โ itโs building real-world utility. But DYOR (Do Your Own Research) โ this market moves fast and furious! โก
#MyCOSTrade #MarketPullback #MarketRebound
