In the current investment market, the support and market performance of the Livepeer (LPT) fund have become the focus of investor attention. With the intervention of the Grayscale LPT fund, the market is filled with expectations for LPT's future prospects. This article will explore how the support from the Grayscale LPT fund affects the market and predict the price LPT may reach during this bull market.

Support from the Grayscale LPT Fund

Grayscale funds are known for their professional investment strategies and deep understanding of the market. Recently, Grayscale announced the establishment of a decentralized artificial intelligence new fund—Grayscale Decentralized AI Fund LLC, focusing on funding AI services, solving issues related to the use of centralized AI, and developing infrastructure related to AI. LPT, as a member of this fund, shares the support of the Grayscale fund alongside other projects such as TAO, FIL, NEAR, and RNDR.

Bull Market Predictions and LPT's Potential

According to market analysis, the price forecast for LPT shows strong growth momentum. It is expected that by the end of 2029, the price of LPT may reach US115.95, and by 2040, this figure could soar to US2,638.87. This prediction is based on technical analysis indicators, showing strong buy signals for LPT in the market.

Characteristics of the Bull Market and LPT's Performance

The current market is showing multiple signals of a bull market's early stages, such as the initiation of the brokerage sector and the rebound of the real estate sector. Inflows of northbound funds, ETF funds, and leveraged funds have also injected vitality into the market. In such a market environment, LPT, as one of the projects supported by the Grayscale fund, is expected to perform excellently in this bull market.

Conclusion: LPT Bull Market Target Price 400u

Combining the support from the Grayscale fund and market analysis, we have reason to believe that LPT will reach a target price of 400u in this bull market. This prediction is based not only on LPT's own technical advantages and market potential but also considers the endorsement of LPT by the Grayscale fund and the positive expectations of the market for LPT. Investors should closely monitor the dynamics of LPT and seize investment opportunities in this bull market.