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LPT Price Rises as Grayscale Unveiled Creating LPT Trust

Published 03/25/2021, 09:55 AM
Updated 03/25/2021, 10:00 AM
LPT Price Rises as Grayscale Unveiled Creating LPT Trust
BATS
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  • Livepeer token (LPT) price increased from $6 to $32.35 recently.
  • This came after Grayscale unveiled that it will create a Trust to invest in LPT.
  • LPT price is $18.45 with a 24h trading volume of $14,367 at the time of writing.

According to a report, the Livepeer token (LPT) price increased greatly a couple of days ago. This came after Grayscale disclosed that it is yet to create a Trust to invest in LPT.

About the price surge, LPT has increased drastically from $6 to $32.35 ATH in March alone. Consequently, LPT market capitalization also pushed from $120 million to $630 million simultaneously when LPT’s price increased.

Apart from Grayscale’s LPT trust, the company said it will create an additional trust for many other digital assets. These digital assets include Basic Attention Token (BAT (LON:BATS)), Decentral...

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