- Livepeer worth rose 150% to hit $14.15 on Friday, Might 30, 2025.
- LPT defied downtrend for high cash reminiscent of Bitcoin that dipped to $105k.
- Different tokens reminiscent of Pocket Community, White Rock, and Numeraire additionally soared.
Livepeer is among the many few altcoins to tear on Friday because the market witnessed one other bout of sell-off trades that pushed Bitcoin to $105k.
The LPT token, native to the decentralized AI protocol Livepeer, spiked a formidable 150% to rank alongside the likes of Pocket Community, White Rock, and Numeraire as main performers up to now 24 hours.
Why did Livepeer’s worth skyrocket right this moment?
Livepeer’s token had not crossed above $10 since dipping from above $15 in mid-Might.
Nonetheless, buoyed by a collection of optimistic information, together with the surge in Nvidia inventory after optimistic earnings stories, it surged greater than 150% to hit $14.15.
The extent marked Livepeer’s highest worth since January.
A part of the rally ensued and gathered tempo because the LPT group exploded in optimism on an announcement from Upbit, South Korea’s largest crypto change.
Listings on the Upbit change typically catapult buying and selling volumes upon itemizing of buying and selling pairs. Livepeer skilled simply that.
Upbit added KRW and USDT pairs.
Livepeer(LPT) KRW, USDT Market Help
✅ Supported Market : KRW, USDT Market
📅 Buying and selling opens at: 2025-05-30 17:00 KST estimated🔗 Uncover extra:https://t.co/CwzjsvdXYO#Upbit #LPT@Livepeer pic.twitter.com/Z3tLYGEuWD
— Upbit Korea (@Official_Upbit) Might 30, 2025
In line with knowledge from CoinMarketCap, the each day quantity for Livepeer rose a staggering 10,900% to hit $2.9 billion.
On Might 27, 2025, crypto asset supervisor Grayscale launched the Synthetic Intelligence Crypto Sector, noting tokens within the section had seen large progress for the reason that third quarter of 2023.
20 tokens within the sector have seen their mixed market cap bounce to $20 billion, up from a low of $4.5 billion in Q1, 2023.
Livepeer is without doubt one of the tokens to see such progress up to now yr.
Bulls acquire, however what’s subsequent for LPT worth?
The surge noticed LPT rank among the many largest movers on the day. As famous, these numbers largely defied the pattern throughout the crypto market, with dealer James Wynn experiencing a liquidation of round $100 million, as BTC dropped greater than 2% to lows of $105k.
If bulls break above $15, bullish continuation might see the value goal of $20.
The following main resistance stage may very well be the June 2024 provide wall round $25.
Nonetheless, merchants would possibly wish to be cautious as potential revenue taking and broader market weak spot might shift sentiment first.
Crypto analysts at CryptoQuant have famous as a lot, saying continued liquidations within the altcoin market are prone to proceed outpacing Bitcoin.
“Altcoin liquidations have persistently surpassed Bitcoin’s, suggesting that extreme leverage in altcoins has been aggressively punished as costs continued to pattern decrease,” CryptoQuant posted on X.
If LPT worth flips decrease, key help ranges might be $9.5 after which $5.3.
