Livepeer Price Prediction 2023-2032 Livepeer Price Prediction 2023 – up to $5.14 Livepeer Price Prediction 2026 – up to $17.79 Livepeer Price Prediction 2029 – up to $52.18 Livepeer Price Prediction 2032 – up to $165.66 Livepeer is a protocol based on the Ethereum network. Howeve...
Livepeer Price Prediction 2023-2032
- Livepeer Price Prediction 2023 – up to $5.14
- Livepeer Price Prediction 2026 – up to $17.79
- Livepeer Price Prediction 2029 – up to $52.18
- Livepeer Price Prediction 2032 – up to $165.66
Livepeer is a protocol based on the Ethereum network. However, this protocol allocates video transcoding work in its decentralized network. The protocol also focuses on providing cheap, safe, and reliable infrastructure to handle today’s high demand for video streaming for its coin holders and users. Let’s take a detailed look at Livepeer price prediction to be in that right moment when the price spikes again.
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How much is LPT worth?
Today’s Livepeer price is $6.83, with a 24-hour trading volume of $47.481 million. Livepeer is up 0.45% in the last 24 hours. The current Market Cap ranking is #162, with a live market cap of $203.877 million. It has a circulating supply of 26,617,753 LPT coins and a maximum supply of 26,617,753.
Livepeer price analysis
TL; DR Breakdown:
- LPT is down 14.98% over the last 12 months and up 3.83% over the last 30 days.
- The chart suggests it will continue trading sideways on the short term.
LPT is down about 14.98% over the last 12 months and up 17.35% over the last 30 days. It started registering gains in August, rising from a low of $3.83 to a high of $9.20.
The MACD indicator shows LPT’s positive momentum slowed in the last day as it corrected from the recent high. The RSI at 61.66 constricted above the neutral level. The indicators suggest it will move sideways.
Recent News: Livepeer Community Approves Community-Governed Treasury
In a significant milestone, the Livepeer community gave the green light to a significant governance proposal. The proposal introduces a community-governed on-chain treasury, designed to fund essential projects and initiatives within the Livepeer ecosystem. Over three weeks since its approval, the treasury has already amassed over 29,000 LPT (Livepeer Tokens) to support public goods initiatives.
Any Livepeer token holder with at least 100 LPT staked can submit a funding proposal to the Livepeer Treasury via the Livepeer Explorer Treasury Tab. This simple process initiates a vote in which Orchestrators and staked token holders can participate. For a proposal to pass, it must achieve a 33% quorum of all active stake and receive a “yes” vote from 50% of the voting stake.
While the process may seem straightforward, history has shown that accessing funding from community treasuries can be challenging. One of the primary hurdles is garnering enough attention and support for a proposal. To overcome this, the Livepeer community establishes vital social processes to assist credible proposals in gaining the necessary attention and backing.
Livepeer Price Prediction 2023-2032
Livepeer LPT Price Prediction by Cryptopolitan
| Year | Minimum Price $ | Average Price $ | Maximum Price $ |
| 2023 | $4.59 | $4.76 | $5.14 |
| 2024 | $7.06 | $7.25 | $7.96 |
| 2025 | $10.46 | $10.75 | $12.39 |
| 2026 | $14.59 | $15.02 | $17.79 |
| 2027 | $21.44 | $22.04 | $24.98 |
| 2028 | $30.31 | $31.41 | $37.19 |
| 2029 | $43.62 | $45.19 | $52.18 |
| 2030 | $65.80 | $67.60 | $78.87 |
| 2031 | $94.84 | $98.22 | $115.35 |
| 2032 | $138.79 | $142.72 | $165.66 |
Livepeer Price Prediction 2023
In our 2023 Livepeer LPT price prediction, we anticipate a minimum trading price of $4.59 and an average value of $4.76 for the token. With several scheduled upgrades, we expect Livepeer LPT to experience a surge in value and reach a maximum price of $5.14.
Livepeer Price Prediction 2024
According to our Livepeer coin price prediction 2024, we expect a minimum price of $7.06 and an average price of $7.25. However, If Livepeer LPT’s growth trajectory persists, we predict its value could reach as high as $7.96 at its peak.
Livepeer Price Prediction 2025
According to our Livepeer forecast for 2025, the minimum price of LPT will be $10.46, while the average price will be around $10.75. There is potential for significant growth in the value of Livepeer LPT during this period, with the token possibly reaching a maximum price of $12.39 by the end of 2025.
Livepeer Price Prediction 2026
According to price prediction for 2026, we expect the minimum price of the coin to be $14.59 and an average predicted value of $15.02. We expect LPT’s price to surge to a maximum of $17.79 by 2026.
Livepeer Price Prediction 2027
Our Livepeer LPT price prediction for 2027 is a minimum value of $21.44 with an average trading price of $22.04. Based on the Livepeer LPT price prediction for 2027, the price could reach a maximum of $24.98 during the year.
Livepeer Price Prediction 2028
Based on our Livepeer LPT price prediction for 2028, the LPT token is anticipated to experience a bullish trend with a predicted floor price of $30.31 and an average trading value of $31.41. The highest possible price for 2028 is estimated to reach $37.19 reflecting a significant increase in the token’s valuation.
Livepeer Price Prediction 2029
Our Livepeer LPT price prediction for 2029 suggests that the minimum price level could be $43.62. The LPT token will experience significant growth, with a maximum potential price value of $52.18 and an average projected value of $45.19.
Livepeer Price Prediction 2030
According to our Livepeer LPT price prediction for 2030, we anticipate that the cryptocurrency’s value may drop to a low of $65.80 by year-end. However, we expect the average trading price to be $67.60 and the maximum estimated price to reach as high as $78.87.
Livepeer Price Prediction 2031
Based on our Livepeer LPT price prediction for 2031, the minimum price of LPT will be approximately $94.84 while the average price will be around $98.22. The maximum estimated value for LPT in 2031 will reach $115.35.
Livepeer Price Prediction 2032
According to our Livepeer LPT price prediction for 2032, the LPT coin will rise steadily. However, the minimum price of the coin will be $138.79. The average trading price is estimated at $142.72, indicating steady growth. The maximum estimated price for 2032 is $165.66, showing a potential surge in price.
Livepeer Price Predictions by Walletinvestor
Wallet Investor uses technical analysis to provide the LPT price forecast for a wide selection of cryptocurrencies like Livepeer. The platform indicates Livepeer’s past performance index rating as C; it adds that LPT would make a bad one-year investment. The expected average price in 2024 will be $0.347. Livepeer’s return on investment (ROI) will be -94.922% in 2024. In 2025, the ROI will be -71.71%; in 2026, it will be -60.536%; in 2027, it will be -85.141%. According to the analysis, the Livepeer price is bearish over the entire period.
Livepeer Price Predictions by CryptoPredictions
The site scans a coin’s exchange prices and other historical market data and analyses it to provide Livepeer price forecast.
In 2024, LPT will trade at an average price of $6.887 in January and $7.304 in December. In 2025, LPT will trade at an average price of $7.385 in January and $8.705 in December.
Livepeer Price Predictions by Digitalcoinprice
Livepeer will be on a bullish trend from 2024 to 2032; the maximum value of LPT for the entire duration will be $132.66. In 2024, it will trade at a mean price of $17.02. It will reach a maximum price of $15.08 and a minimum of $6.16. In 2027, it will trade at a mean price of $30.40. It will reach a maximum price of $31.41 and a minimum of $26.41. In 2032 it will sell at a mean price of $131.29. It will reach a maximum price of $132.66 and a minimum of $128.59.
Livepeer Predictions By Industry Experts
Livepeer future price predictions by Binance, the world’s largest exchange by trading volume, indicate a bullish price projection; LPT will average at $7.230146 in 2024, $7.971236 in 2026, $9.689087 in 2030 and $15.78 in 2040. In 2050, LPT will be at $25.71.
Livepeer Overview
Livepeer is a scalable protocol suitable for startups and companies that want to include live or on-demand video in their services. This protocol can be referred to as Platform-as-a-service (PaaS). The Livepeer protocol transcodes videos, which helps reformat videos to suit different bandwidths and devices. Livepeer also offers a scalable infrastructure for developers looking to meet today’s video infrastructure and streaming.
Currently, video streaming is extremely expensive on the computing side, mainly because producers must transcode videos before being broadcast. However, the end costs have resulted in many video streaming companies selling users’ information and subjecting them to unwanted adverts to earn revenues.
Nonetheless, this is what Livepeer aims to stop by having a decentralized protocol that is incentivized.
It is essential to know that the native Livepeer cryptocurrency is the Livepeer Token (LPT), popularly referred to as Livepeer LPT.
LPT Price History
According to ICOdrops.com, The Livepeer (LPT) Initial Coin Offering (ICO) concluded on July 27, 2018. During this ICO, approximately 63% of the total supply of Livepeer tokens was made available for purchase by investors. This strategic allocation allowed the Livepeer project to secure funding and distribute tokens to early supporters, contributing to the development and growth of the Livepeer ecosystem.
Coinmarketcap lists LPT’s starting price at $5.045. In December 2018. In September 2019, it fell below its starting price and extended the losses until March 2021. It hit its all-time low price of $0.4206 in March 2020. The coin ran for the moon in 2021, eventually hitting its all-time high at $100.21 in November 2021. It later reversed from its highest price, and by the end of 2022, it had lost about 95% of its value from the ATH. In 2023, it kept its head below the $10 mark, recording its lowest price at $3.69
More on Livepeer
The Livepeer (LPT)
The Livepeer (LPT) is created to be an incentive mechanism. The Liverpeer protocol is cost-effective, reliable, and secure. LPT also acts as a mechanism that incentivizes orchestrators to work somewhat to ensure the protocol is secure.
Furthermore, new LPT tokens are minted in rounds and distributed to Orchestrators according to their stakes. Knowing that this allows those participating in Livepeer to have more ownership and stake LPT tokens in the network is essential. You also need to understand that the LPT inflation rate depends on the number of LPT coins staked out of the total supply in circulation. This keeps participants on the network at a desirable level.
Furthermore, Livepeer offers video broadcasters an opportunity to tap into its decentralized and cost-effective, reliable infrastructure. Video broadcasters aren’t the only ones that can benefit from Livepeer. However, Video streaming platforms also stand the chance of helping without selling users’ data and serving adverts.
In addition, Livepeer offers an essential decentralized solution for anyone to embed videos into decentralized applications.
The Founders of Livepeer
Livepeer is an open-source platform allowing developers to contribute freely to its underlying code. Livepeer Inc. is the legal company behind the Livepeer platform. However, Livepeer was founded by Doug Petkanics and Eric Tang.
Doug Petkanics studied computer science and graduated from the University of Pennsylvania in 2006. After graduating, he joined Accenture as an analyst; in 2010 he co-founded Hyperpublic. In 2016, he also co-founded Livepeer.
On the other hand, Eric Tang graduated from Carnegie Mellon University with electrical and computer engineering degrees. He joined Next Jump in 2010 as a software developer. In 2010, he collaborated with Petkanics and co-founded Hyperpublic. Since then, they have both worked together to create Livepeer.
How Livepeer works
In Livepeer, Broadcasters, often called nodes, send video streams to the network to transcode them. Then, the streams are received by Orchestrators, who contribute their computer GPU, CPU, and bandwidth to the network in exchange for ETH fees.
In the Livepeer network, Orchestrators help to coordinate and ensure that videos are correctly transcoded. Also, the Orchestrators help send videos to the transcoder hardware that reformats videos, known as GPU. In addition, tasks are distributed among Orchestrators according to the amount of LPT crypto they stake.
However, before we go into Livepeer price predictions and future Livepeer prices, let’s look at its current price in the crypto market.
Conclusion
Livepeer streaming service is rewriting the way streaming services are done. It rewrites the whole economics of streaming. Users are incentivized to access content, while the community plays the role of maintaining the network.
The coin may have done well in the past and has actual utility, which might contribute to its popular acceptance. However, it is always important to remember that the cryptocurrency market is quite volatile and that the value of all tokens and coins can fluctuate up and down. Investing is a very private matter. Do your own research and stay informed of any developments that could improve Livepeer’s chances as this is not investment advice.