- Livepeer worth rose 150% to hit $14.15 on Friday, Might 30, 2025.
- LPT defied downtrend for high cash akin to Bitcoin that dipped to $105k.
- Different tokens akin to 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 prior to now 24 hours.
Why did Livepeer’s worth skyrocket at the 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 alternate.
Listings on the Upbit alternate usually 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 accordance with knowledge from CoinMarketCap, the day by 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 phase had seen huge development because the third quarter of 2023.
20 tokens within the sector have seen their mixed market cap soar to $20 billion, up from a low of $4.5 billion in Q1, 2023.
Livepeer is among the tokens to see such development prior to now 12 months.
Bulls acquire, however what’s subsequent for LPT worth?
The surge noticed LPT rank among the many greatest 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 could possibly be the June 2024 provide wall round $25.
Nonetheless, merchants may 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 more likely to proceed outpacing Bitcoin.
“Altcoin liquidations have consistently surpassed Bitcoin’s, suggesting that excessive leverage in altcoins has been aggressively punished as prices continued to trend lower,” CryptoQuant posted on X.
If LPT worth flips decrease, key help ranges might be $9.5 after which $5.3.
