Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more >
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more >
The market capitalization of the token in circulation, calculated by multiplying the circulating supply by its current price.
The trading volume of the token in the last 24 hours. The higher the trading volume, the more popular the token.
The total number of the token in circulation. If the circulating supply is less than the maximum supply, it indicates that the token is currently inflating or has not been fully unlocked. If the circulating supply matches the maximum supply, it indicates that the tokens have been fully unlocked.
The maximum number of the token that will be ever created. Tokens without a maximum supply limit mean their supply is unlimited.
The market capitalization of the token if the entire supply of tokens is in circulation. For some tokens, using FDV (Fully Diluted Valuation) can provide a more accurate estimation of their value, especially for meme tokens.
It's calculated by dividing 24h Volume by Market Cap. A higher value associates with greater popularity and increased susceptibility to rapid price fluctuations.
LPT is the token of the Livepeer video network, whose price surged due to the release of OpenAI SORA.
Livepeer is a decentralized infrastructure provider for video. Traditional video services involve two crucial infrastructures: video transcoding and video delivery. Typically, both tasks are performed by centralized servers. Livepeer is a decentralized video network where anyone can contribute their idle computers. By providing the computational power of their GPUs or CPUs for video transcoding or video delivery, participants can earn rewards in the form of LPT tokens, a process known as LPT mining.
SORA can generate a large amount of video, but without transcoding and delivery, the video cannot be disseminated. As a result, video creators cannot gain influence or income from their videos.
AI needs decentralization via blockchain to effectively reduce costs, and the security of blockchain provides assurance for AI data. Therefore, AI is one of the key factors driving the development of blockchain in 2024.
In July 2023, Livepeer completed a $20 million second round of additional investment, led by DCG. The first round of investment included venture capital funds such as Coinbase. The total financing reached $51 million.