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Livepeer

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<p>Livepeer (LPT), the native token of the video streaming network, has seen a price surge over the past 24 hours. The token is currently trading at $24.53, up 17.01% in the last day. LPT’s price performance has been within a 24-hour low of $20.97 and a high of $26.16.</p>
<h2 class="wp-block-heading" id="introduction-of-ai-video-subnet-sparks-speculation">Introduction of AI Video Subnet Sparks Speculation</h2>
<p>The price pump can be attributed to the introduction of Livepeer’s new <a class="wpil_keyword_link" href="https://captainaltcoin.com/best-ai-crypto-projects/" title="AI" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">AI</a> Video Subnet, which has generated excitement about the future of video and artificial intelligence (AI) integration. This capability allows content creators to generate videos from simple prompts, opening up a world of possibilities for content creation.</p>
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   <p lang="en" dir="ltr">With the introduction of Livepeer’s new AI Video Subnet, many are wondering what the future of Video + AI looks like.<br><br>Let's dive in!<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/G7UG1Wa5ry" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/G7UG1Wa5ry</a></p>— Livepeer (@Livepeer) <a href="https://twitter.com/Livepeer/status/1800169750112481357?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 10, 2024</a>
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<p>With the introduction of the AI Video Subnet, Livepeer is on the brink of seeing a new wave of apps and integrations that allow creators to experiment with generative media. Models like Sora are inspiring app builders to include generative video capabilities in their offerings, further driving the adoption of Livepeer’s technology.</p>
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<h2 class="wp-block-heading" id="ai-enhanced-video-workflows">AI-Enhanced Video Workflows</h2>
<p>In addition to generative AI, Livepeer’s AI Video Subnet also has the potential to improve existing video workflows. Some of the enhancements include:</p>
<ul>
 <li>Upscaling: Transforming low-resolution videos into high-definition content</li>
 <li>Subtitles: Automatically generating subtitles from speech</li>
 <li>Interactivity: Recognizing objects in videos to make them interactive</li>
</ul>
<p>Livepeer’s upcoming roadmap phase will support custom pipelines for generative and workflow-enhancing AI, enabling developers to meet all their video AI needs.</p>
<h2 class="wp-block-heading" id="analysts-predict-further-upside-potential">Analysts Predict Further Upside Potential</h2>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="624" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-499-1024x624.png" alt="" class="wp-image-508363" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-499-1024x624.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-499-300x183.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-499-767x467.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-499-1536x935.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-499-2048x1247.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-499-246x150.png 246w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-499-100x61.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-499-575x350.png 575w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-499-788x479.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-499.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Analyst JAVON MARKS has <a href="https://x.com/JavonTM1/status/1800922799181332674" target="_blank" rel="noopener noreferrer nofollow">noted</a> that LPT is nearing new post-breakout highs and could be in the process of a run to the $64.706199 target. This would represent an additional 152% upside from current levels.</p>
<p>However, not all analysts are bullish on LPT’s short-term prospects. <a href="https://x.com/TraderFoxyYT/status/1800995042313601346" target="_blank" rel="noopener noreferrer nofollow">Traderfoxy</a> expects the failure of the recent breakout attempt and suggests that LPT might test the range lows around $20.659 in the near future.</p>
<p><em><strong>Read more:&nbsp;<a href="https://captainaltcoin.com/ripple-xrp-poised-for-potential-vertical-rally-as-retracement-nears-completion/" target="_blank" rel="noopener noreferrer nofollow">Ripple (XRP) Poised for Potential Vertical Rally as Retracement Nears Completion</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/why-is-livepeers-crypto-price-pumping-lpt-price-prediction/" rel="noopener noreferrer nofollow">Why Is Livepeer’s Crypto Price Pumping? LPT Price Prediction</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why Is Livepeer’s Crypto Price Pumping? LPT Price Prediction

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