LPT
Today we see that Livepeer is one of the cryptocurrencies with the largest gains, up 7.82% in the past 24 hours. It is a decentralized live video streaming platform that uses blockchain technology to change the traditional broadcasting industry. Livepeer provides an alternative to the traditional broadcasting system in a more efficient way.
What’s special about this platform is that it allows users and developers to manage and enhance the quality of content production, which promotes innovation. As a result, Livepeer’s popularity is rising rapidly. It offers a variety of usage opportunities, from on-demand pay-per-view content consumption to uncensored live news, and is steadily becoming a leader in the live video streaming industry.
In terms of security, Livepeer is based on the Ethereum blockchain and uses an environmentally friendly Delegated Proof of Stake (DPoS) mechanism, which is more energy-efficient and scalable than Bitcoin’s proof-of-work model. This also makes it more attractive to investors.
Currently, Livepeer's stock price has soared to $13.13, with good liquidity and a volume-to-market cap ratio of 0.2559. Its price has risen by 134% over the past year, which is quite eye-catching among the top 100 crypto assets.
Run
Next up is Holo, a peer-to-peer platform that has gained 5.05% in the past 24 hours. Holo provides support for decentralized applications (DApps), and unlike traditional blockchains, Holochain focuses more on efficiency, making it easier for users to use DApps. Holo acts as a bridge between Holochain and the internet, making it easier for users to interact with DApps.
The charm of Holo lies in its host system, which provides processing power to DApps and rewards them through HoloFuel. This design is like Uber and Airbnb, which are disrupting the industry. As the Holo network develops, the demand for its tokens will continue to grow.
From the perspective of security, Holo does not rely on global consensus, but adopts a local verification system, allowing each DApp to set its own rules, thereby minimizing risks. In terms of the market, Holo's liquidity is stable, and the transaction price is 14.23% higher than the 200-day simple moving average. The price has risen by 35% in the past year.
SFP
Finally, SafePal is also on our list of gainers, up 2.42% in the past 24 hours. It is a hardware wallet designed to manage and protect digital assets and is the first hardware wallet invested and supported by Binance.
SafePal supports multiple cryptocurrencies, allowing users to store and manage assets securely. Currently, SafePal is priced at $0.75269, with medium liquidity and active trading activity. Despite only rising 21% in the past year, its trading price is still 29.08% above its 200-day simple moving average, showing some growth potential.
