LPT Token Surges 16% Amid AI Narrative, Trading Volume Doubles as Market Sentiment Shifts

Livepeer (LPT) experienced significant volatility over the past 24 hours, with the price on Binance rising by 16.16% to $6.713 from a 24h open of $5.779. This sharp rebound follows a period of notable declines and is attributed to renewed market interest, increased trading activity, and broader sentiment shifts in the altcoin sector, particularly around AI and decentralized streaming narratives. The surge in trading volume—ranging from $40 million to over $90 million across platforms—reflects heightened demand and speculative momentum after recent sharp corrections. LPT’s circulating supply is fully distributed at approximately 41.87 million tokens, with a market capitalization between $245 million and $272 million and a global market rank between #160 and #244. Overall, LPT remains highly volatile, with price movements closely tied to market sentiment and sector-specific trends.