SingularityNET

Sora

Livepeer

Rise

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/livepeer-and-singularitynet-spark-excitement-with-significant-trading-volumes/" data-wpel-link="internal">Livepeer and SingularityNET Spark Excitement with Significant Trading Volumes</a> 
Decentralized network protocol Livepeer (LPT) and blockchain-powered artificial intelligence platform SingularityNET (AGIX) have sparked excitement in the crypto community with significant trading volumes and a serious rally throughout the day. What are the reasons behind this sudden surge? 
<h2 id="reasons-behind-livepeer-s-rise">Reasons Behind Livepeer’s Rise</h2> 
Today, Livepeer highlighted its efforts to bring affordable and open access to the community’s capabilities to the Livepeer network in the coming months as part of the Livepeer <a href="https://newslinker.co/category/ai/" data-wpel-link="exclude">AI</a> video initiative. Although OpenAI’s Sora represents a significant advancement in artificial intelligence, SingularityNET is actively working to create a decentralized network for Artificial General Intelligence (AGI). 
The introduction of OpenAI’s Sora has renewed interest in artificial intelligence and led to a rally in AI tokens, with LPT and AGIX currently on the rise. According to Coinglass liquidation data, Sam Altman’s Worldcoin (WLD) liquidated $3.30 million in the last 24 hours, while Livepeer (LPT) and SingularityNet (AGIX) liquidated $2.77 million and $800 thousand, respectively. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-315594 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/lpt.jpg" alt="" width="2048" height="1097"> 
<h2 id="increased-trading-volume-for-lpt">Increased Trading Volume for LPT</h2> 
LPT‘s price has retraced some of its gains after rising over 60% in the last 24 hours, currently trading at $12.23. The 24-hour low and high values are $7.98 and $13.62, respectively. Additionally, a more than 1250% increase in trading volume over the last 24 hours could indicate significant investor interest. The break of the descending channel in the cryptocurrency has led to a significant rise in the last 24 hours, providing traders with confidence for purchases. 
Moreover, experts suggest that the price of AGIX is also rising due to the breakout of a cup and handle formation. The altcoin’s price, after retracing most of its gains from the last 24-hour surge, is currently trading at $0.381. The 24-hour low and high values are $0.316 and $0.429, respectively. The trading volume has also increased by 350%. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/livepeer-and-singularitynet-spark-excitement-with-significant-trading-volumes/" data-wpel-link="internal">Livepeer and SingularityNET Spark Excitement with Significant Trading Volumes</a></h5>

Livepeer and SingularityNET Spark Excitement with Significant Trading Volumes

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