LPT Surges on Upbit Listing, Defies Market Downturn With High Volatility and AI Token Buzz

Livepeer (LPT) is currently trading at $11.263 on Binance, with a 24-hour opening price of $11.604 and a 24-hour price change of -2.94%, amid exceptionally high trading volumes and volatility. The recent surge in LPT’s price and trading activity was primarily driven by its listing on the major South Korean exchange Upbit, which significantly increased market exposure and attracted substantial new trading interest, resulting in a sharp price rally and elevated liquidations, particularly among short positions. Despite the broader cryptocurrency market experiencing declines, LPT’s strong counter-trend movement was further supported by heightened attention to AI-related tokens, as highlighted by Grayscale’s sector report, but the latest data shows a short-term pullback following the initial surge.