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Livepeer (LPT) Price Prediction 2022 — Will LPT Hit $60 Soon?

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  • Bullish LPT price prediction is $13.11 to $58.99.
  • Livepeer (LPT) price might also reach $60 soon.
  • Bearish LPT price prediction for 2022 is $6.78.

In Livepeer (LPT) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about LPT to analyze the future movement of the cryptocurrency.

Livepeer (LPT) Current Market Status

According to CoinGecko, the price of Livepeer (LPT) is $ 8.71 with a 24-hour trading volume of $ 9,590,689 at the time of writing. However, LPT has decreased by nearly 9.8% in the last 24 hours.

Moreover, Livepeer (LPT) has a circulating supply of 26,216,691 LPT.Livepeer (LPT) trades in cryptocurrency exchanges such as Binance, Coinbase Exchange, KuCoin, Gate.io and Bithumb.

What is Livepeer (LPT)?

Livepeer (LPT) is the Ethereum blockchain’s native token. Token makes use of a two-layer consensus technique. First, the Livepeer ledger and its transactions are recorded on the Ethereum blockchain and safeguarded by it. The second consensus layer is in charge of distributing newly created LPT and ensuring that transcoding work is completed correctly. In 2017, the Livepeer network was launched.

Livepeer’s technology has a wide range of potential applications. LPT’s technological stack has a wide range of applications, including video-enabled decentralized applications, pay-as-you-go streaming platforms, uncensorable live journalism solutions, and blockchain-powered digital conferences.

Livepeer (LPT) Price Prediction 2022

Livepeer(LPT) holds the 145th position on CoinGecko right now. LPT price prediction 2022 is explained below with a daily time frame.

LPT /USDT Ascending channel pattern(Source: Tradingview)

The above chart of Livepeer (LPT) laid out an ascending channel pattern, also known as the rising channel. The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend.

Currently, Livepeer (LPT) is in the range of $ 8.69 If the pattern continues, the price of LPT might reach the resistance levels of $10.55 and $ 12.78. If the trend reverses, then the price of LPT may fall to $8.29 and $6.45.

Livepeer (LPT) Support and Resistance Levels

The chart below shows the support and resistance levels of Livepeer(LPT).

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LPT /USDT Support and Resistance Levels (Source: Tradingview)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Livepeer (LPT).

Resistance Level 1 $ 13.11
Resistance Level 2 $ 23.96
Resistance Level 3 $ 36.47
Resistance Level 4 $ 58.99
Support Level $ 6.78
LPT /USDT Support and Resistance Levels

The charts show that Livepeer (LPT) has performed a bullish trend over the past month. If this trend continues, LPT might run along with the bulls overtaking its resistance level at $ 58.99.

Accordingly, if the investors turn against the crypto, the price of Livepeer (LPT) might plummet to almost $ 6.78 , a bearish signal.

Livepeer (LPT) Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Livepeer (LPT) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of LPT lies below the cutoff line, indicating weak participants in the current trend.

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LPT /USDT RVOL, MA, RSI (Source: Tradingview)

Also, the Moving Average (MA) of Livepeer (LPT) is shown in the chart above. Notably, Livepeer (LPT) price lies above 50 MA (short-term), so it is in an uptrend. Currently, LPT has entered a bullish state. Therefore, there is a possibility of a reversal trend of LPT at any time.

Meanwhile, the relative strength index (RSI) of the LPT is 38.40. This means that Livepeer (LPT) is in an oversold state. However, this means a major price reversal of LPT may occur in the upcoming days. So, traders need to trade carefully.

Livepeer (LPT) Price Prediction 2022 — ADX, RVI

Let us now look at the Average Directional Index (ADX) of Livepeer (LPT). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

Livepeer Lpt Price Prediction 2022 — Will Lpt Hit 60
LPT /USDT ADX, RVI (Source: Tradingview)

The above chart represents the ADX of Livepeer (LPT). Currently, the ADX of LPT lies in the range of 13.66 and thus, it indicates a weak trend.

The above chart also represents the Relative Volatility Index (RVI) of Livepeer (LPT). RVI measures the constant deviation of price changes over a period of time. The RVI of LPT lies above 50, indicating high volatility. In fact, the RSI of Livepeer (LPT) is at 38.40 thus confirming a potential bought signal.

Comparison of LPT with BTC, ETH

The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and Livepeer (LPT).

1663593560 529 Livepeer Lpt Price Prediction 2022 — Will Lpt Hit 60
BTC Vs ETH Vs LPT Price Comparison (Source: Tradingview)

From the above chart, we can interpret that the price action of LPT is similar to BTC and ETH. This indicates that when the price of BTC and ETH increases, the price of LPT increases.When the price of BTC and ETH decreases,the price of LPT decreases.

Livepeer (LPT) Price Prediction 2023

If the declining price action completely slows down in momentum and the trend reverses, Livepeer (LPT) might probably attain $65 by 2023.

Livepeer (LPT) Price Prediction 2024

With several upgrades in the network, Livepeer (LPT) might enter a bullish trajectory. If the coin grabs the attention of major investors, LPT might rally to hit $70 by 2024.

Livepeer (LPT) Price Prediction 2025

If Livepeer (LPT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 7 years, LPT would rally to hit $75.

Livepeer (LPT) Price Prediction 2026

If Livepeer(LPT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, LPT would rally to hit $80.

Livepeer (LPT) Price Prediction 2027

If Livepeer (LPT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, LPT would rally to hit $85.

Livepeer (LPT) Price Prediction 2028

Livepeer (LPT) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, LPT would hit $90 in 2028.

Livepeer (LPT) Price Prediction 2029

If investors flock in and continue to place their bets on Livepeer(LPT), it would witness major spikes. LPT might hit $95 by 2029.

Livepeer (LPT) Price Prediction 2030

With greater advancements in the Basic Attention TokenEcosystem, the crypto community might continue to invest in LPT for the next 8 years and drive significant price rallies for the token. Hence, Livepeer (LPT) might hit $100 by 2030.

Conclusion

With continuous improvements in the Livepeer Network, we can say that 2022 is a good year for LPT. For this reason, the bullish price prediction of Livepeer (LPT) in 2022 is $58.99. On the other hand, the bearish price prediction of Livepeer (LPT) price prediction for 2022 is $ 6.78.

Furthermore, with the advancements and upgrades to the Basic Attention Token ecosystem, the performance of LPT would help to reach above its current all-time high (ATH) of $ 99.03 very soon. But, it might also reach $60 if the investors believe that LPT is a good investment in 2022.

FAQ

1. What is Livepeer (LPT)?

Livepeer (LPT) is the Ethereum blockchain’s native token. Token makes use of a two-layer consensus technique. First, the Livepeer ledger and its transactions are recorded on the Ethereum blockchain and safeguarded by it. The second consensus layer is in charge of distributing newly created LPT and ensuring that transcoding work is completed correctly. In 2017, the Livepeer network was launched.

2. Where can you purchase Livepeer (LPT)?

Livepeer (LPT) has been listed on many crypto exchanges which include Binance, Coinbase Exchange, KuCoin, Gate.io and Bithumb.

3. Will Livepeer (LPT) reach a new ATH soon?

With the ongoing developments and upgrades within the Basic Attention Token Platform, LPT  has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Livepeer (LPT)?

On November 09, 2021,Livepeer (LPT) reached its new all-time high (ATH) of $99.03.

5. Is Livepeer(LPT) a good investment in 2022?

Livepeer (LPT) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Basic Attention Token In the past few months, LPT  is considered a good investment in 2022.

6. Can Livepeer (LPT) reach $60?

Livepeer (LPT) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Livepeer (LPT) will hit $60 soon.

7. What will be the Livepeer (LPT) price by 2023?

Livepeer (LPT) price is expected to reach $65  by 2023.

8. What will be the Livepeer (LPT) price by 2024?

Livepeer (LPT) price is expected to reach $70 by 2024.

9. What will be the Livepeer (LPT) price by 2025?

Livepeer(LPT) price is expected to reach $75  by 2025.

10. What will be the Livepeer (LPT) price by 2026?

Livepeer (LPT) price is expected to reach $80 by 2026.

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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Longtime Innovator and Entrepreneur Launches Hack Factory – A Startup Studio and Growth Lab

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Longtime Innovator And Entrepreneur Launches Hack Factory - A Startup Studio And Growth Lab
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The Hack Factory will focus on accelerating disruptive innovation in the Washington DC region

RESTON, Va.–(BUSINESS WIRE)–Longtime DC-area resident and entrepreneur Matt Devost has launched the Hack Factory, a startup studio and growth accelerator designed to launch new business endeavors and support the local startup ecosystem. The new initiative will be located in the Reston Town Center and will focus on building an environment for new entrepreneurs custom-tailored to their unique requirements.

As a start-up studio, Hack Factory will launch companies based on new ideas and engage in rapid technology prototyping to enable disruptive solutions for a variety of complex problems and opportunities. The initial focus of the studio will be on cybersecurity, AI and data science, blockchain/Web3, and dual use technologies.

Established companies or new ideas looking for that extra boost can participate in the Hack Factory growth labs for meaningful mentoring, growth and strategy advisory, and networking support. The lab will provide capital, co-working space, and access to on-site experts depending on each company’s specific needs.

The Hack Factory will also build a local brainstorming community that brings together the hackers, entrepreneurs, disruptors, technologists, and creators for unique events on a variety of issues.

“The disruptive innovation that occurs over the next decade will be more impactful than the past 50 years combined,” noted Hack Factory founder Matt Devost. “This initiative is designed to accelerate that innovation in the D.C. area, which is a natural hub for technical entrepreneurship and has a unique innovation DNA that differentiates it from Silicon Valley and other startup hubs around the country.”

For curated co-working participants, the space features modern amenities like sit-stand desks, gigabit ethernet access, conference and Zoom rooms, and a fully stocked caffeine and snack bar.

ABOUT THE HACK FACTORY

The Hack Factory was founded by long-time DC area entrepreneur Matt Devost who is currently the CEO of OODA LLC (www.ooda.com). Over the past two decades, Matt has been a founder or executive at firms like FusionX, Accenture, iSIGHT Partners, the Terrrorism Research Center, iDEFENSE, and Tulco Holdings, as well as serving as an investor, advisor, or board member for dozens of companies.

For more information visit www.hackfactory.com or email [email protected]

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Tornado Cash Sees Drop In Activity After U.S. Treasury Sanctions

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Tornado Cash
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The value of Tornado Cash is decreasing, not due to market factors but because of recent controversies. The Office of Foreign Assets Control recently added Tornado Cash to its list of Special Designated Nationals. That means no one from the United States may use the token.

By taking this action, OFAC has effectively banned Tornado Cash from participating in one of the most important cryptocurrency markets.

Many owners of Tornado Cash’s native coin, TORN, also liquidated their investments in response to the news. From its high closing of $30.25 on August 7th, TORN has fallen 87.03% to its current price.

Tornado Cash Linked To Nefarious Activities

Even before the OFAC decided to add Tornado Cash to its special list, TORN had been linked to multiple high-value crypto crimes.

The Lazarus Group, perpetrators of one of the largest crypto thefts in history, employed TORN as part of their plot to conceal the true origin of their stolen funds. The breach was carried out on the Ronin Network, an Ethereum-based sidechain.

In March of 2022, the network hosted game Axie Infinity, which saw its highest player count. Because of this, malicious actors like the Lazarus Group were able to zero in on the system and the game with relative ease. The theft led to the loss of 173,600 Ether and 25.5 million USDC.

The total dollar amount is $625,000,000. Later this year, the OFAC will penalize the project and all connected wallets due to this attack.

Chart: TradingView.com

Sanctions Deal A Heavy Blow On TORN

It is hardly surprising that criminal actors have used Tornado Cash to launder stolen cryptocurrency. In the DeFi domain, mixers are special programs that ostensibly enhance privacy by blending transactions, so obscuring the money’s path from point A to point B.

In 2019, more than $7 billion worth of cryptocurrency was laundered using Tornado Cash, according to a U.S. Treasury Department report.

As of this writing, the sanctions have a significant impact on TORN. According to a source, there are currently only 100 unique users on the network.

After the announcement of the sanctions, transactions in excess of $100,000 became practically nonexistent.

TORN is trading just above the 38.20% Fib retracement level at the moment. This level will support the price of the crypto due to the close correlation between the buying and selling quantities of bulls and bears.

As the sanction dismantles the project, it is only a matter of time till it hits zero.

Tornado Cash Sees Drop In Activity After Us Treasury Sanctions

Crypto total market cap at $918 trillion on the daily chart | Source: TradingView.com

Featured image from The Daily Hodl, Chart: TradingView.com

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AppLovin Launches First NFT Marketplace for App Developers to Monetize Mobile Gaming

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Applovin Launches First Nft Marketplace For App Developers To Monetize Mobile Gaming
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PALO ALTO, Calif.–(BUSINESS WIRE)–AppLovin (NASDAQ: APP), the leading growth platform for developers, today announced its first NFT marketplace to launch in app stores through its subsidiary, OpenVessel Technologies, LLC. Vessel, which is currently live in Apple and Google Play app stores, enables mobile game developers to easily integrate non-fungible tokens (NFTs) into games to drive engagement and revenue.

“Vessel represents the next evolution in mobile game monetization, giving developers a new opportunity to monetize apps and drive meaningful engagement and growth,” said Rafael Vivas, AppLovin’s General Manager of New Initiatives. “The marketplace is live, and our engagement data shows that consumers are more than ready to take part in new ways to play and earn. By combining the consumer demand of NFT creation and purchasing with the high engagement levels associated with gaming, Vessel is showing strong potential as a new monetization stream for mobile games.”

An all-in-one marketplace and wallet, Vessel makes it easy for consumers to gain access to customized NFTs. Developers can allow users to securely buy, sell, and trade their NFTs and convert their earnings into cash. Vessel has cleared both the Apple and Google Play store reviews, meeting both app stores’ stringent guidelines.

Vessel is finding strong early interest with dozens of developers actively integrating the marketplace into their games to drive additional revenue. Using Vessel, Lion Studios integrated a NFT in-game event into its Match 3D game and saw strong engagement and meaningful average revenue per daily active user (ARPDAU) increases.

“NFTs have always had the potential to become a powerful tool for developers; all we had to do was simplify the idea so that our customers could understand the benefit,” said Randal York, Product Manager for Lion Studios who spearheaded the NFT integration for Match 3D. “Vessel gave us that ability and our audience embraced it. It was amazing to see a significant increase for in-app purchases for our NFT event compared to previous events.”

About AppLovin

AppLovin enables developers to grow their business. Businesses rely on AppLovin’s market-leading technologies to solve their mission-critical functions with a powerful, full stack solution including user acquisition, monetization and measurement. AppLovin is headquartered in Palo Alto, California with several offices globally.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or AppLovin’s future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “can,” “may,” “will,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “potential,” or “continue,” or the negative of these words or other similar terms or expressions that concern AppLovin’s expectations, strategy, plans, or intentions. Forward-looking statements in this press release include, but are not limited to, statements regarding AppLovin’s launch and expectations for its NFT marketplace, Vessel, including how consumers and developers might use the marketplace. AppLovin’s expectations and beliefs regarding these matters may not materialize, and actual results are subject to risks and uncertainties, including changes in AppLovin’s plans or assumptions, that could cause actual results to differ materially from those projected or expected. These risks include changes in the overall economic and industry conditions; AppLovin’s ability to attract new clients or adoption of its new initiative Vessel; AppLovin’s ability to enhance its technology and platform; and changes in the laws, regulatory landscape or app store rules related to NFTs. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in AppLovin’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2022. The forward-looking statements in this press release are based on information available to AppLovin as of the date hereof, and AppLovin disclaims any obligation to update any forward-looking statements, except as required by law.

Source: AppLovin Corp.

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[email protected]

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Open Community Aggregation Game Platform HAM Launches Web3.0 Developer Aggregation Tool

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Open Community Aggregation Game Platform Ham Launches Web3.0 Developer Aggregation Tool
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OTTAWA, Ontario–(BUSINESS WIRE)–HAM, a Web3.0 blockchain game aggregation platform led by Canadian blockchain company INS LABS, recently announced that they would launch a developer ecology aggregation tool, allowing developers to freely customize the blockchain game ecology, and players to put forward their own needs to make NFT elements such as equipment, characters, scenes, etc. Meanwhile, HAM also supports existing game ecologies, such as RPG, APRG, SIM EDU, SRPG, building a metaverse platform with a win-win situation for the platform, developers and players, and is committed to building the first scene of the virtual world of the metaverse.

Meanwhile, MIR LIST, the first GameFi project of HAM, will launch on HAM platform on 4th, October, opening the win-win ecology of HAM and MIR LIST

At present, HAM has launched a metaverse ecosystem integrating functions of game library, launchpad, NFT MarketPlace and Swap, combined with Web3.0 marketing tools and embedded new social elements to link players directly with projects, relying on HAM’s huge user traffic pool to empower game ecology.

HAM abandoned the traditional centralized governance model and introduced DAO community autonomy, returning the ownership of the HAM platform back to the community. Only one week after the official launch of HAM, its players have spread across 30 countries, including the UK, France, Russia, and Japan, radiating 200,000 users worldwide.

In the design of the token economy, HAM has launched the platform’s only token HAM, 100% all returned to the market. As the core medium of the HAM ecosystem, it participates in transactions such as NFT, Swap, voting, and in the exchange of game assets with digital assets. At the same time, HAM deploys the first Direct Acyclic Graph (DAG) based minable Mainnet coin XDAG as a special award, forming a unique P2E model that enables seamless exchange of assets between the HAM gaming platform and other cryptocurrencies in other blockchains.

HAM helps users transition from the Web2.0 era to the Web3.0 era, creating the underlying infrastructure of the Web3.0 gaming ecosystem. In the future, HAM will link the game ecology and metaverse scene, allowing game assets to get infinite possible development, returning the value of community rewards and data assets to the users, and building a metaverse game platform that accommodates millions of users.

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Company: HAM

Contact Person: John Liu

Email: [email protected]
Website: http://hamgame.world
Address: Ottawa, Canada

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Whale Alert: 150 Billion Shiba Inu (SHIB) Bought by Anon Whale

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Whale Alert: 150 Billion Shiba Inu (Shib) Bought By Anon Whale
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