Livepeer Dips 2.3% as Traders Reassess After AI Subnet Gains and Grayscale Fund Inclusion

Livepeer (LPT) is currently trading at $8.185 on Binance, with a 24-hour price change of -2.30% and active trading volume, reflecting ongoing volatility. The recent price decline follows a period of sharp gains driven by the completion of Livepeer’s AI subnet optimization phase, anticipation of its mainnet launch in Q3 2024, and inclusion of LPT in Grayscale’s decentralized AI fund, which initially fueled a significant rally. The subsequent correction appears to be a market response to profit-taking after rapid price appreciation, with technical indicators showing mixed signals and traders reassessing positions amid broader crypto market fluctuations.