UNUS SED LEO or LEO coins were created for transactions on the iFinex platform. This cryptocurrency was built with the idea of favoring quality over quantity and upholding the individuality of the traders.
LEO tokens were created by Bitfines in June 2017. It was initially issued as a private token and later it was made available to the public.
LEO token is famous for its transparent governance processes. This is made possible through the community participation of the token holders. The token holders can decide on the major policy innovations, vote for changes, and voice their opinions and interests on the platform.
What Is A LEO Token?
Leo token is the native token created to be used on iFinex platforms. The holders of this token can conduct transactions and make governance decisions on the iFinex platforms.
The other uses of LEO are;
- It can be used for trade fee discounts on Bitfinex.
- The holders of LEO tokens can participate in Initial Exchange Offerings (IEOs) of Bitfinex.
- The LEO token holders can have early access to other cryptocurrencies created on the iFinex platform.
- The LEO token holders are entitled to advanced security options powered by UNUS SED LEO.
- They can also trade for a lower transaction fee in other platforms affiliated with the IFinex platform.
Here are the key figures about the LEO token’s current market performance.
Current Market Price: $ 5.80
Market Capitalization: $5,378,456,628
Fully Diluted Valuation: $5,719,706,845
24 Hour Trading Volume: $1,458,683
Circulating Supply: 926,457,960
Total Supply: 985,239,504
UNUS SED LEO Price Prediction (2024-2030): What Are The Market Trends?
The current price of UNUS SED LEO is $ 5.80. The short-term price prediction for the period May-December 2024 is given below.
| Year | Yearly Low | Yearly Average | Yearly High |
| May 2024 | $4.42 | $4.75 | $5.08 |
| June 2024 | $7.64 | $8.21 | $8.79 |
| July 2024 | $8.09 | $8.70 | $9.31 |
| August 2024 | $8.54 | $9.18 | $9.82 |
| September 2024 | $8.99 | $9.66 | $10.34 |
| October 2024 | $9.44 | $10.15 | $10.86 |
| November 2024 | $9.89 | $10.63 | $11.37 |
| December 2024 | $10.33 | $11.11 | $11.89 |
The long-term price prediction for the years 2024-2030 is given below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $9.28 | $11.59 | $13.91 |
| 2025 | $18.54 | $23.18 | $27.82 |
| 2026 | $37.07 | $46.34 | $55.61 |
| 2027 | $74.11 | $92.64 | $111.16 |
| 2028 | $148.15 | $185.19 | $222.23 |
| 2029 | $296.18 | $370.22 | $444.27 |
| 2030 | $592.09 | $740.12 | $888.14 |
The general sentiments of the LEO coin, as per the technical analysis indicators, are neutral with 55% and 45% bearish predictions. 16 technical analysis indicators show bullish sentiments while 13 technical analysis indicators show bearish sentiments.
The 50-day SMA and the 200-day SMA of LEO coin are $ 5.89 and $ 4.61, respectively.
Also, Read: Top Tips To Find New Cryptocurrencies For Investment
Where And How To Buy LEO Token?
You can purchase LEO tokens on any exchanges such as Bitfinex, OKX, or DigiFinex.
Next, you will read about how to buy LEO tokens. Follow these simple steps to buy LEO tokens on an exchange where it is listed.
- Select a crypto exchange from where you intend to buy LEO Token.
- Create an account on the exchange by providing the required details.
- Purchase the token from the exchange. You can now use LEO tokens for trade.
- Make sure that you store the tokens on any hardware wallet or cold wallet to avoid any security issues.
The Bottom Line: Should You Buy LEO Tokens During 2024-2030?
The market sentiment is neutral for LEO tokens. When compared to other coins on the Ethereum blockchain, LEO is underperforming. The 500-day SMA and 200-day SMA also show neutral trends.
In spite of its neutral sentiments, you can consider buying LEO Tokens in the coming years. Please make sure that you are well informed about the market trends governing the price of LEO tokens. Cryptocurrencies are generally volatile in nature. The various external and internal factors can affect its price. So you should analyze the coin’s price history and on-chain developmental activities before investing.
