AI Crypto Livepeer Explodes 150% on Upbit Listing

Livepeer (LPT) token made headlines on Friday after it rocketed 150% in just 24 hours. This explosive move came after a surprise listing on Upbit, South Korea’s largest crypto exchange. LPT hit a high of $14.15, its strongest price in four months. As of May 31, the price has cooled slightly to $10.37, but the excitement remains high.

Several key factors contributed to the rise, beginning with the Upbit listing. Livepeer gained trading pairs against both the Korean Won (KRW) and Tether (USDT). This instantly opened the doors to one of the most active retail crypto communities in the world.

Within hours, trading volume exploded by more than 10,900%, reaching $2.9 billion. That’s a huge leap for a token that was trading under $6 just a day prior.

Second, timing. The listing came as the overall crypto market faced intense selling pressure. Bitcoin dropped below $106,000. Most AI tokens fell between 5% and 10%. Yet LPT soared, defying the trend.

Livepeer Surge, Investor Buzz, and Community Moves

Livepeer is a decentralised protocol focused on AI-powered video streaming and processing. It enables users to contribute computing power for video encoding, making it a critical player in the Web3 video space.

It’s also riding the artificial intelligence wave. The project sits at the intersection of AI and crypto, two of the most hyped sectors of 2025.

Livepeer was recently included in Grayscale’s new “Artificial Intelligence Crypto Sector.” This list features 20 major tokens making moves in the AI x blockchain space. Being part of this group added further fuel to LPT’s bullish narrative.

The Livepeer Foundation has also become more active. It launched a community survey to help define the project’s next strategic phase. This helped create a sense of momentum at the grassroots level.

Analyst Joel Kruger pointed out that the combination of institutional attention and grassroots engagement was key. “When community and major platforms align, you often see this kind of vertical price movement,” he noted, and that’s exactly what happened.

The Market Context: Breaking Technical Barriers

What made Livepeer’s run more impressive was the surrounding environment. The rest of the market was bleeding red. Bitcoin dropped over 2%, Ethereum dipped as well, and most top altcoins posted losses.

Even AI tokens, a usually strong segment, were down. Tokens like Fetch.ai and SingularityNET fell as much as 8%. But not Livepeer, as it dramatically took the uptrend. LPT had not crossed the $10 mark since falling from $15 earlier in May, but the rally on Friday shattered that barrier and moved towards the crucial $14 zone.

This area was a resistance zone during the first quarter of 2024. The price had struggled to break through it. Now it was not only testing it but briefly flying past it. Still, technical analysts are cautious. The price touched a resistance between $11.56 and $12.78 and failed to hold it. That’s a possible signal of a short-term correction phase.

The RSI (Relative Strength Index) has broken its long-standing downtrend, and the weekly MACD (Moving Average Convergence Divergence) just flipped bullish after months of bearish pressure. This suggests there could be more upside in the long term, despite short-term volatility.

Some traders speculate the LPT surge also benefited from Nvidia’s earnings report. The chipmaker’s strong numbers triggered a brief AI rally in traditional markets. This bullish energy may have spilled over into AI crypto tokens, boosting LPT’s breakout.

What’s Next for LPT?

With the token now sitting at $10.37, traders are asking the big question: what’s next? If bulls can regain momentum and push above $15, LPT may be on track to retest $20. The next resistance sits at the $25 mark, a level last seen in mid-2023.

At this point, caution is advised, and taking profits is natural after a 150% gain. The broader crypto market remains shaky, and further selling could affect sentiment.

Analysts at CryptoQuant have also noted that altcoins are facing a tougher environment than Bitcoin. They warned that liquidations in altcoins are now outpacing BTC, suggesting traders are using more leverage on smaller-cap tokens like LPT.

This makes any rally vulnerable to sharp pullbacks. Key support levels for LPT are $9.50 and $5.30. A break below these could trigger a deeper correction.

Big Picture Outlook

Despite the risk, Livepeer’s rally offers a strong case for AI crypto tokens. In a sea of red, LPT proved that strong fundamentals, good timing, and exchange exposure can spark massive price action. It also proves that investors are still hungry for AI-related plays in the blockchain space.

With its growing ecosystem, increasing developer activity, and now support from a major exchange, Livepeer is back in the spotlight. Livepeer’s 150% pump is more than just a reaction to an exchange listing. It’s a sign that investors are waking up to the potential of AI-powered blockchain protocols.

Yes, a correction may be near. That’s normal after such an explosive move. But the foundation looks solid. The community is active. The fundamentals are strengthening. And the world is watching. Livepeer just reminded the crypto market what a true altcoin breakout looks like.