AI Crypto Token Livepeer Explodes 150% on Upbit Listing
The native token of Livepeer
, a decentralized artificial intelligence video processing protocol, soared on Friday to its strongest price in four months on exchange listing and other catalyst.
The token advanced 150% over the past 24 hours, hitting a session high at $14.20, CoinDesk data shows. The surge defied a slump in the broader crypto market, with bitcoin
sliding 2% below $106,000 and the CoinDesk 20 Index declining 3.5% during the same period. Most artificial intelligence-linked tokens were down 5%-10%.
The price action happened as popular Korean exchange Upbit introduced trading with the token against KRW and Tether’s USDT on its platform earlier on Friday.
Joel Kruger, market strategist at LMAX Group, highlighted that asset…
