The native token of live peer
A decentralized artificial intelligence video treatment protocol, on Friday rose to its strongest price of four months on the exchange list and other catalyst.
The token advanced 150% over the last 24 hours and hit a session high at $ 14.20, Coindesk data shows. The wave defied a slump on the wider crypto market with Bitcoin
Sliding 2% below $ 106,000 and Coindesk 20 index dropped 3.5% in the same period. Most artificial intelligence-bound tokens were down by 5%-10%.
Price action happened when the popular Korean Exchange Upbit introduced the trade in token against Krw and Tether’s USDT on its platform earlier on Friday.
Joel Kruger, a crypto market strategist, emphasized that Asset Manager Grayscale, previously introduced earlier this week his artificial intelligence crypto sector, where live peer was included among the 20 cryptocurrencies.
The Ecosystem Developer LivePeer Foundation’s advisory boards also kicked in gear and started a community study on the strategic direction of the platform, he pointed out.
