Introduction to Livepeer (LPT)
Livepeer is a decentralized video streaming network built on the Ethereum blockchain. It aims to revolutionize the digital video industry by providing a cost-effective and scalable infrastructure for developers and creators. The native token of the network, LPT, is used to secure the network and incentivize participants.
This article provides a detailed analysis of Livepeer's current market performance, historical data, and future price predictions. Whether you are an investor, developer, or simply curious about the project, this guide offers valuable insights.
Livepeer (LPT) Real-Time Price Data
As of the latest data, Livepeer (LPT) is trading at ¥43.38. The 24-hour trading volume stands at ¥11.7 million, indicating moderate market activity. The cryptocurrency has a market capitalization of ¥1.82 billion, accounting for approximately 0.0071% of the total crypto market. Over the past day, the price has decreased by 4.04%.
Key Price Metrics
- 24-Hour Trading Volume: ¥11.7M
- All-Time High Price: ¥713.01
- 24-Hour High Price: ¥45.84
- All-Time Low Price: ¥2.54
- 24-Hour Low Price: ¥43.3
Market Capitalization Details
- Market Cap: ¥1.82B
- Fully Diluted Market Cap: ¥1.82B
- Market Cap to Fully Diluted Ratio: 100%
- Overall Market Sentiment: Neutral
Token Supply Statistics
- Circulating Supply: 42.06M LPT
- Total Supply: 42.06M LPT
- Max Supply: 42.06M LPT
Livepeer (LPT) Historical Performance
Understanding past performance is crucial for contextualizing current prices. Livepeer's price has experienced significant volatility, which is common in the cryptocurrency market.
- Past 24 Hours: -4.04% change
- Past 7 Days: +7.82% change
- Past 30 Days: -21.26% change
- Past 1 Year: -60.56% change
| Time Frame | Change (¥) | Change (%) |
|---|---|---|
| 1 Hour | -¥0.1348 | -0.31% |
| 24 Hours | -¥1.82 | -4.04% |
| 7 Days | +¥3.14 | +7.82% |
| 30 Days | -¥11.71 | -21.26% |
| 1 Year | -¥66.6 | -60.56% |
Livepeer (LPT) Price Predictions
Price forecasts are based on technical analysis, market trends, and project developments. It's important to remember that these are speculative and the highly volatile nature of crypto means actual results can vary widely.
Analysts project that the average price for Livepeer (LPT) could be around ¥43.43 in 2025. The price is expected to fluctuate between a low of ¥31.26 and a high of ¥49.94 during that year. Long-term projections suggest a potential price of ¥183.68 by 2035, which would represent a significant return on investment from current levels.
| Year | Low (¥) | High (¥) | Average (¥) | Change |
|---|---|---|---|---|
| 2025 | 31.26 | 49.94 | 43.43 | -- |
| 2026 | 28.94 | 67.23 | 46.68 | +7.00% |
| 2027 | 39.30 | 75.75 | 56.95 | +31.00% |
| 2028 | 59.05 | 96.88 | 66.35 | +52.00% |
| 2029 | 63.66 | 91.41 | 81.61 | +88.00% |
| 2030 | 69.21 | 112.47 | 86.51 | +99.00% |
| 2031 | 58.70 | 134.31 | 99.49 | +129.00% |
| 2032 | 59.62 | 162.49 | 116.90 | +169.00% |
| 2033 | 101.98 | 185.80 | 139.70 | +222.00% |
| 2034 | 104.16 | 177.40 | 162.75 | +275.00% |
| 2035 | 108.84 | 183.68 | 170.07 | +292.00% |
Factors Influencing Livepeer's Value
Several key factors can impact the price of LPT. The adoption rate of the Livepeer protocol by video platforms and developers is a primary driver. Additionally, broader cryptocurrency market trends, technological upgrades to the network, and overall investor sentiment play significant roles. For those looking to dive deeper into market analysis, you can explore more strategies for evaluating digital assets.
Regulatory developments concerning decentralized protocols and the streaming industry can also cause price movements. It's essential to stay informed about these variables when considering an investment.
Frequently Asked Questions
What is Livepeer (LPT) used for?
Livepeer is a decentralized network for video streaming. LPT tokens are used to secure the network through a process called delegation, where token holders stake with node operators who transcoded video. This process helps ensure the network remains efficient and reliable.
How do I buy Livepeer tokens?
LPT tokens are available on major cryptocurrency exchanges. The process typically involves creating an account on an exchange, completing any necessary verification, depositing funds, and then executing a trade for LPT against another cryptocurrency like Bitcoin or Ethereum, or a stablecoin.
Is Livepeer a good long-term investment?
Like any cryptocurrency investment, Livepeer carries risk. Its long-term value depends on the widespread adoption of its decentralized video streaming protocol. While price predictions are optimistic, potential investors should conduct thorough research, assess the project's fundamentals, and understand the volatile nature of the market before investing.
What is the total supply of LPT tokens?
The total and maximum supply of LPT tokens is fixed at 42.06 million. All tokens are already in circulation, meaning there is no further inflation from new token issuance.
What was Livepeer's all-time high price?
Livepeer reached its all-time high price of ¥713.01 during the previous major bull market cycle. This highlights the asset's potential for significant price appreciation during periods of high market demand.
Where can I safely store my LPT tokens?
After purchasing, it is considered best practice to move your tokens off the exchange for custody. LPT is an ERC-20 token, so it can be stored in any secure Ethereum-compatible wallet, including hardware wallets for maximum security, or trusted software wallets. View real-time tools for managing a diverse crypto portfolio.