2024

The Graph

Livepeer

<p>The post <a href="https://coinpedia.org/price-analysis/here-is-why-the-lpt-price-is-surging-today-skyrocket-by-57/">Here Is Why the LPT Price Is Surging Today, &amp; Skyrocket By 57%</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Livepeer (LPT), a major player in decentralized video streaming, has surged by an impressive 57% in the last 24 hours, hitting $15. This surge is fueled by Livepeer’s groundbreaking collaboration with OpenAI on the <a href="https://coinpedia.org/news/crypto-success-a-trader-turns-198-into-152000-in-18-hours-with-sora-token/">Sora generative video AI model</a>, aiming to showcase advancements on the Livepeer network.</p> 
<p>As part of Livepeer’s broader initiative in AI video, the community actively works to create accessible entry points for developers, creators, and users in the generative video space.&nbsp;</p> 
<p>In 2023, Livepeer achieved notable milestones by <a href="https://medium.com/livepeer-blog/livepeer-x-filecoin-co-mining-pilot-6fc7e334ab40">partnering</a> with Filecoin to transform miners into video nodes and collaborating with The Graph as one of the first 10 mainnet migration partners, utilizing their indexing protocol.</p> 
<h2 class="wp-block-heading" id="h-why-lpt-price-is-surging-nbsp">Why LPT Price Is Surging&nbsp;</h2> 
<p>In a recent tweet, Crypto Panda expressed bullish sentiments about LPT over meme coins and other speculative altcoins.&nbsp;</p> 
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   <p lang="en" dir="ltr">The <a href="https://twitter.com/hashtag/OpenAI?src=hash&amp;ref_src=twsrc%5Etfw">#OpenAI</a> buzz with AI video models <a href="https://twitter.com/hashtag/SORA?src=hash&amp;ref_src=twsrc%5Etfw">#SORA</a> is heating up, spotlighting <a href="https://twitter.com/search?q=%24LPT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LPT</a>!<a href="https://twitter.com/hashtag/Livepeer?src=hash&amp;ref_src=twsrc%5Etfw">#Livepeer</a>, the decentralized video powerhouse on Ethereum, is revolutionizing streaming for devs with its live and on-demand solutions.<br><br>Here's why I'm bullish on <a href="https://twitter.com/hashtag/LPT?src=hash&amp;ref_src=twsrc%5Etfw">#LPT</a>:<br><br>1. Highlighted in <a href="https://twitter.com/hashtag/Messari?src=hash&amp;ref_src=twsrc%5Etfw">#Messari</a>'s… <a href="https://t.co/bh4xX7vrvp">pic.twitter.com/bh4xX7vrvp</a></p>— Crypto Panda 
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   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@cryptopanda68) <a href="https://twitter.com/cryptopanda68/status/1758427822635335691?ref_src=twsrc%5Etfw">February 16, 2024</a>
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<p>Their optimism stems from Livepeer’s recognition in Messari research for its groundbreaking “Depin” edge computing solution, positioning the project as a beneficiary of the buzz around AI/OpenAI video models and experiencing increased developer activity.</p> 
<p>Additionally, Crypto Panda pointed out the backing from Grayscale’s 5% stake, which could provide potential support. He also highlights the substantial funding of over $50 million from top VCs against a modest $316 million market cap.</p> 
<p>Meanwhile, Crypto Panda agrees, suggesting investors keep an eye on LPT as the crypto market resets for the upcoming bull cycle.</p> 
<p>Also Read: <a href="https://coinpedia.org/price-analysis/here-is-why-the-lpt-price-is-surging-today-skyrocket-by-57/">Here Is Why the LPT Price Is Surging Today, &amp; Skyrocket By 57%</a></p> 
<h2 class="wp-block-heading" id="h-lpt-price-analysis-nbsp">LPT Price Analysis&nbsp;</h2> 
<p>The crypto analyst <a href="https://twitter.com/TehLamboXcharts/status/1758422798827946345">Team LAMBO Charts highlights</a> a breakthrough as LPT breaks a significant trendline in place since September 2022. This move triggers a notable 57% surge in the last 24 hours.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24LPT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LPT</a> Major breakout is done off the trendline and downtrend is over!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>The profit potential is upto 100$ here. Smaller targets are 20$ and 50$ for short and mid term!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/LPT?src=hash&amp;ref_src=twsrc%5Etfw">#LPT</a> <a href="https://twitter.com/hashtag/LPTUSDT?src=hash&amp;ref_src=twsrc%5Etfw">#LPTUSDT</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Altseason?src=hash&amp;ref_src=twsrc%5Etfw">#Altseason</a> <a href="https://t.co/r2ohQ7amVr">pic.twitter.com/r2ohQ7amVr</a></p>— Team LAMBO Charts (@TehLamboXcharts) <a href="https://twitter.com/TehLamboXcharts/status/1758422798827946345?ref_src=twsrc%5Etfw">February 16, 2024</a>
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<p>Setting ambitious targets, Team LAMBO Charts forecast a long-term <a href="https://coinpedia.org/price-prediction/livepeer-lpt-price-prediction/">goal of $100</a>, indicating a potential 700% increase. Additionally, achievable shorter-term objectives of $20 and $50 are well within reach.</p> 
<h3 class="wp-block-heading" id="h-what-s-next-for-lpt">What’s Next for LPT?</h3> 
<p>With all this excitement, the future for Livepeer looks pretty good. More people are interested, and the price keeps going up. Livepeer is becoming more important in the world of videos on the internet.&nbsp;</p>

Here Is Why the LPT Price Is Surging Today, & Skyrocket By 57%

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