Livepeer’s token experienced a remarkable surge in price after listing on major exchanges, Upbit and dYdX, leading to a 125% to 150% increase within 24 hours. This move highlights growing market interest for the blockchain project, potentially influencing further speculation and affecting token dynamics. The livepeer (LPT) token has seen significant price increases following its recent exchange listing on Upbit and dYdX. Grayscale’s addition of Livepeer to its AI portfolio further bolsters institutional investment interest in the project. Crypto market strategist Joel Kruger commented: “Grayscale’s new AI crypto sector basket and Livepeer’s inclusion are significant momentum factors, along with the Livepeer Foundation’s community engagement”. Despite this bullish trend, founding partners of Livepeer haven’t made public statements regarding the listing, and the outcome of a community survey from the Livepeer Foundation could play a crucial role in guiding its direction. This surge contrasts the broader crypto market downturn, where Bitcoin and Ethereum experienced declines. The livepeer (LPT) token’s movement showcases the volatile nature of exchange listings in the cryptocurrency space. Initial price surges often lead to corrections, suggesting LPT may face future volatility. The current situation highlights the complexities of crypto markets, emphasizing that listing changes can significantly impact market volatility. Investors remain cautious about potential price fluctuations following such dramatic surges.