In the realm of cryptocurrency, momentum can build so quickly that it almost staggers one, and this week has proved no exception with the token $LPT (Livepeer). Following a recent announcement by Upbit Global, one of South Korea’s top cryptocurrency exchanges, $LPT had been on a moonshot trajectory toward hitting a new all-time high… only to then retrace almost completely in a matter of hours. The rapidity of both the rise and the retrace calls to mind the expression that what goes up must come down, but with trading action so lively, one has to wonder what forces are at
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