LPT (Livepeer) briefly broke through $21, with a 24-hour increase of 31.54%
Bitget market data shows that LPT (Livepeer) briefly broke through $21, with a 24-hour increase of 31.54%, currently reported at $18.2. Public information reveals that with the release of OpenAI's first video generation model Sora, decentralized streaming platform Livepeer has successively launched social video production platforms such as Sanko TV, attracting significant attention due to AI. Information indicates that Livepeer is a blockchain using idle user GPUs for distributed video transcoding, effectively reducing traditional users' video transcoding costs and having a first-mover advantage; it announced business expansion into AI video track on the same day OpenAI announced Sora.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strategy purchased 10,624 bitcoins for $962.7 million last week.
Strategy increases its holdings by 10,624 bitcoins, bringing the total to 660,624 bitcoins.
Last week, digital asset investment products saw a net inflow of $716 million.
Analysis: Fusaka Upgrade Facilitates Cost Estimation for Ethereum L2 Projects