Livepeer and SingularityNET Witness Rally of OpenAI’s Sora: AI Crypto Enter a New Era

Significant rallies in Livepeer (LPT) and SingularityNET (AGIX), two major companies fusing blockchain and AI technologies, are sparked by OpenAI’s text-to-video AI model, Sora. AI has the ability to completely change the digital economy, as demonstrated by Livepeer’s AI Video effort and rising trade volumes.

 

---

Trade on BTCC with 10 FREE USDT.

Sign up today to redeem your bonus.

---

 

 

An important development in the field of AI-driven cryptocurrencies has been triggered by a ground-breaking declaration made by OpenAI in the constantly changing field of artificial intelligence. Two of the top companies at the nexus of blockchain and AI technology, Livepeer (LPT) and SingularityNET (AGIX), have seen significant price increases following the release of Sora, OpenAI’s text-to-video AI model. The driving force behind this rally is Livepeer’s expansive AI Video programme, which seeks to democratise the ability to create videos by providing open access to their network at a low cost. This development highlights the transformational potential of AI in reshaping the digital economy, together with a notable increase in trading volumes for LPT and AGIX.

 

 

 

SingularityNET and Livepeer are Redefining AI and Video Streaming

 

 

 

The announcement that Livepeer, a protocol for decentralised live video streaming networks, will be collaborating with OpenAI on the Sora generative video AI model has generated a lot of buzz. The Livepeer network is set to benefit greatly from this collaboration, which will provide cutting-edge AI video technology and provide easy access for creators, consumers, and developers. This project is a demonstration of the larger goal of using AI to reimagine the production and distribution of information on a worldwide scale; it is not limited to improving video skills.

 

Similarly, with the release of Sora, there has been a surge in interest in SingularityNET, a blockchain-powered platform that aims to promote decentralised benign AGI. Unique among AI and blockchain platforms, the platform aims to build a cooperative ecosystem for the development, distribution, and monetization of AI services. Token price increases for LPT and AGIX show how the market feels about these projects and the potential they have to shape AI going forward.

 

 

Open a free BTCC account and receive 10 USDT welcome bonus

 

Download App for Android

Download App for iOS

Reaction of the Market: An Increase in Trading Volumes and Prices

 

There was a dramatic spike in LPT and AGIX trade volumes, according to Coinglass, after OpenAI announced Sora. AGIX’s price surged after breaking out of a cup-and-handle pattern, and Livepeer’s LPT token saw a stratospheric ascent of more than 60% in the previous day. A staggering 850.38% gain has occurred in the last day, as Livepeer’s current trading price on Quickswap is $0.000000005302. Not only does this spike show how confident the market is in Livepeer’s future, but it also shows how AI-focused cryptocurrencies are both volatile and potentially lucrative.

 

The positive review from InvestorsObserver further solidified the optimistic feeling surrounding Livepeer, sending the LPT token up 52.37% to $12.31. In spite of relatively modest trading volumes, Livepeer’s sentiment score has stayed optimistic for the past five days, suggesting solid market performance. This might lead to volatility, which is good news and bad news for traders and investors.

 

 

 

 

Consequences for AI in Blockchain in the Future

 

Livepeer and SingularityNET have reached a new milestone, and the price spike that followed OpenAI’s announcement is a hint of things to come for artificial intelligence on blockchain. Working together on the Sora model, Livepeer and OpenAI showcase the power of AI and blockchain technology, which has the potential to transform the way content is made, shared, and paid for. A future where technology drives innovation and change is possible, according to the narrative of AI and blockchain, which is likely to change as creators, users, and developers delve further into the opportunities presented by these innovations.

 

An indication of the growing interest and hope in the possibilities of blockchain with artificial intelligence is the dramatic increase in the trading volumes and prices of AGIX and LPT following OpenAI’s introduction of Sora. SingularityNET’s plan for decentralised artificial general intelligence (AGI) and Livepeer’s effort to integrate open-access video creation capabilities into its network demonstrate how AI is revolutionising the internet economy. These initiatives are always pushing the envelope of what is possible and highlight how AI will play a key role in determining how technology and society develop in the future.

 

 

 

Download App for Android

Download App for iOS

Where to Trade Crypto Futures?

 

 

 

 

 

 

How to Trade Tether (USDT) on BTCC

 

 

 

 

 

 

 

 

Download App for Android

Download App for iOS

BTCC Bonus