rocket blasting off, only to hit turbulence just as it reaches the stars. That’s Livepeer’s $LPT token in May 2025, soaring 84% to $10.80 after its Upbit listing, per @Official_Upbit, before dipping to $10.20 under shorting pressure, per @followin_io. With $4.4B in trading volume, per coingabbar.com, and a 7000% volume spike, per @CrowdWisdom360, $LPT’s wild ride has crypto fans buzzing. For beginners and traders, this article unpacks why $LPT skyrocketed, what’s driving the pullback, and whether to hold or sell, all explained like we’re stargazing together. Let’s dive into this crypto comet’s journey!
What Fueled $LPT’s 84% Surge?
Livepeer’s $LPT jumped from $5.87 to $10.80 after Upbit’s May 30 listing, per themerkle.com, outpacing Bitcoin’s $82,000 stagnation, per CoinGecko. Here’s what launched this rocket, per coindesk.com.
1. Upbit Listing Hype
Upbit, Korea’s top exchange with $1.2B daily volume, per CoinMarketCap, listed $LPT, triggering a 150% surge to $14.20 before settling at $10.80, per coindesk.com. Listings often spark FOMO, with 15% Twitter buzz, per @NovaExpertPost, like a rocket igniting on the launchpad.
2. AI and Streaming Demand
Livepeer’s decentralized video streaming, used by 300+ dApps, per @NaveenCypto, aligns with AI video growth, per coindesk.com. Grayscale’s AI sector inclusion added 20% to $LPT’s price, per coindesk.com, like fuel for a high-orbit mission.
3. Community Momentum
Livepeer’s survey on streaming upgrades, per coindesk.com, and 10,000 active nodes, per @CrowdWisdom360, boosted sentiment. With $4.4B volume and $1.2B market cap, per coingabbar.com, $LPT rode a 60% bullish wave, per @followin_io, like a crowd cheering the launch.
Why Is $LPT Facing Shorting Pressure?
After peaking at $10.80, $LPT fell to $10.20, per @followin_io, with a -2% funding rate signaling heavy shorting, per @kshitizkapoor_. Here’s what’s causing turbulence, per tradingview.com.
1. Profit-Taking After Surge
Traders sold 4.69M LPT to exchanges, per coingabbar.com, locking in 84% gains. RSI at 72 (overbought), per CoinCodex, and $10 support test, per @NaveenCypto, show profit-taking, like astronauts ejecting after liftoff.
2. Shorting by Bears
Short positions rose 25%, with $500K in liquidations, per @NaveenCypto, as bears bet on a drop to $8, per @followin_io. A -2% funding rate, per @kshitizkapoor_, incentivizes shorts, like headwinds slowing the rocket.
3. Market-Wide Caution
Bitcoin’s 12% volatility, per CoinCodex, and 2.1% May dip, per litefinance.org, spill over, with $LPT’s 0.4 BTC correlation, per macroaxis.com. Tariff fears, per coindesk.com, curb altcoin rallies, like clouds dimming the stars.
Risks and Opportunities Ahead
$LPT’s 15% volatility risks a 10% drop to $9, per @followin_io. Scams hit 1% of altcoin trades, costing $4M in 2024, per @PeckShieldAlert. Regulatory bans in 30% of countries, per axi.com, loom. Yet, a $15 target by Q4, per @CrowdWisdom360, and 300+ dApps, per coindesk.com, offer upside, like a rocket aiming for the moon.
What Should You Do with $LPT in 2025?
Ready to ride $LPT’s $10.20 wave? Here’s a beginner’s plan, per CoinGecko and @aixbt_agent.
1. Analyze Technicals
Use TradingView for RSI (72) and MACD (bearish cross), per coingabbar.com. Watch $10 support and $12 resistance, per @NaveenCypto, to time trades, like checking the rocket’s trajectory.
2. Trade or Hold
Deposit $100 USDT on Upbit, trade $95 LPT at $10.20, with $0.50 fees, per CoinMarketCap. Sell 50% at $12 for $90 profit, per @CrowdWisdom360, or hold for $15, per coindesk.com, like fueling up for the next orbit.
3. Stay Updated
Follow @followin_io for price targets and @NaveenCypto for liquidations. Join Livepeer’s 20,000-member Telegram, per coindesk.com, and check $4.4B volume, per coingabbar.com, on CoinGecko, like tracking mission control.
Is $LPT’s Rocket Still Flying?
Livepeer’s $LPT rocketed 84% to $10.80 on Upbit’s May 30 listing, per themerkle.com, fueled by AI streaming and $4.4B volume, per coingabbar.com, but fell to $10.20 amid shorting, per @followin_io. Sell 50% at $12, per @CrowdWisdom360, or hold for $15, per coindesk.com, but watch 15% volatility and 1% scam risks, per @PeckShieldAlert. Trade $95 LPT on Upbit, track @NaveenCypto, and use TradingView. With 7000% volume growth, per @CrowdWisdom360, $LPT’s star is bright—navigate the turbulence!
