LPT
$4.67

Livepeer (LPT) Price

$4.67
1m
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15m
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Livepeer (LPT) Price Today

The live price of Livepeer is 4.67 USD. In the past 24 hours, the trading volume of Livepeer was 15,099,423.69 USD, down by -6.28%. The current price has decreased by -12.59% from its 7-day high of 99.03 USD, and increased by 0.35% from its 7-day low of 4.80 USD. With a circulating supply of 45,996,207.41 Livepeer, the market cap of Livepeer is currently 272,410,896.00 USD, down by 0% in the last 24 hours. Livepeer currently ranks #295 by market capitalization among cryptocurrencies.

Livepeer (LPT) Market Data

Market Cap
$224M
24h Volume
$15M
Circulating Supply
45.9M LPT
Maximum Supply
45.9M LPT
Fully Diluted Market Cap
$224M
Liquidity Indicator
6.74%
About
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FAQ

About Livepeer (LPT)

How can I buy Livepeer (LPT)?

Buying Livepeer (LPT) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase Livepeer (LPT) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy LPT Guide for more information.

LPT is the token of the Livepeer video network, whose price surged due to the release of OpenAI SORA.


Livepeer is a decentralized infrastructure provider for video. Traditional video services involve two crucial infrastructures: video transcoding and video delivery. Typically, both tasks are performed by centralized servers. Livepeer is a decentralized video network where anyone can contribute their idle computers. By providing the computational power of their GPUs or CPUs for video transcoding or video delivery, participants can earn rewards in the form of LPT tokens, a process known as LPT mining.


SORA can generate a large amount of video, but without transcoding and delivery, the video cannot be disseminated. As a result, video creators cannot gain influence or income from their videos.


AI needs decentralization via blockchain to effectively reduce costs, and the security of blockchain provides assurance for AI data. Therefore, AI is one of the key factors driving the development of blockchain in 2024.


Livepeer Investment Background


In July 2023, Livepeer completed a $20 million second round of additional investment, led by DCG. The first round of investment included venture capital funds such as Coinbase. The total financing reached $51 million.

Info Source

Official WebsiteWhitepaper

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
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