LivePeer Price rose 150% to $14.15 on Friday, May 30, 2025. LPT ignored the downward trends of top coins, such as Bitcoin, which was soaked in $105,000. Other tokens such as Pocket Network, White Rock and Numeraire also skyrocketed.
LivePeer is one of the few Altcoins to rip on Fridays. This is because the market witnessed another match in a sale deal that pushed Bitcoin to $105,000.
The LPT tokens, unique to the distributed AI protocol LivePeer, have spiked an impressive 150% in the last 24 hours to rank alongside Pocket Network, Whitelock, Numeraire and more.
Why did LivePeer prices skyrocket today?
LivePeer tokens have not exceeded $10 since they soaked from over $15 in mid-May.
However, it surged more than 150% to $14.15, backed by a string of positive news, including a surge in Nvidia stock after a positive earnings report.
Level marked the highest price for LivePeer since January.
Some of the rally drew pace as the LPT community exploded optimistically with an announcement from Upbit, South Korea’s largest crypto exchange.
Upbit Exchange lists often catapult the trading volume when listing trading pairs. LivePeer has experienced exactly that.
Upbit has added KRW and USDT pairs.
LivePeer (LPT) KRW, USDT market support
Corputed Support Market: KRW, USDT Market
trading trading begins: 2025-05-30 17:00 KST estimatehttps://t.co/cwzjsvdxyo#upbit#lpt@livepeer pic.twitter.com/z3tlygeuwd
– Upbit Korea (@official_upbit) May 30, 2025
LivePeer’s daily volume rose by an astounding 10,900% to $2.9 billion, according to CoinMarketCap data.
On May 27, 2025, Crypto Asset Manager Grayscale introduced the Artificial Intelligent Cryptography sector, noting that segment tokens have been growing significantly since the third quarter of 2023.
The sector’s 20 tokens rose to $20 billion in total market capitalization from a lowest of $4.5 billion in the first quarter of 2023.
LivePeer is one of the tokens to see such growth over the past year.
The Bulls will win, but what will be next for the LPT price?
The surge ranked the LPT as one of the biggest movers of the day. As mentioned earlier, these numbers have largely opposed trends across the crypto market, with trader James Wynn experiencing a liquidation of around $100 million.
Once the Bulls exceed $15, bullish continuation can see a price target of $20.
The next major resistance level could be a supply wall of around $25 in June 2024.
However, traders may want to be cautious as they will earn potential profits and the weaknesses in the broader market can change their emotions first.
Crypto analysts at Cryptoquant say that the ongoing liquidation in the Altcoin market is likely to continue to overtake Bitcoin.
“Altcoin’s liquidation has consistently outperformed Bitcoin, suggesting that excessive leverage from Altcoins is being actively punished as prices continue to decline,” Cryptoquant posted on X.
If the price of the LPT is low, the main support level will be $9.5 and then $5.3.
