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UNUS SED LEO Price
UNUS SED LEO price

UNUS SED LEO priceLEO

Not listed
$9.08USD
+0.40%1D
The price of UNUS SED LEO (LEO) in United States Dollar is $9.08 USD.
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UNUS SED LEO/USD live price chart (LEO/USD)
Last updated as of 2026-01-18 13:02:43(UTC+0)

UNUS SED LEO market info

Price performance (24h)
24h
24h low $8.9124h high $9.11
All-time high (ATH):
$10.01
Price change (24h):
+0.40%
Price change (7D):
+0.12%
Price change (1Y):
-7.00%
Market ranking:
#14
Market cap:
$8,365,826,195.98
Fully diluted market cap:
$8,365,826,195.98
Volume (24h):
$1,246,391.15
Circulating supply:
921.69M LEO
Max supply:
--
Total supply:
985.24M LEO
Circulation rate:
93%
Contracts:
0x2af5...d912ca3(Ethereum)
Links:
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Live UNUS SED LEO price today in USD

The live UNUS SED LEO price today is $9.08 USD, with a current market cap of $8.37B. The UNUS SED LEO price is up by 0.40% in the last 24 hours, and the 24-hour trading volume is $1.25M. The LEO/USD (UNUS SED LEO to USD) conversion rate is updated in real time.
How much is 1 UNUS SED LEO worth in United States Dollar?
As of now, the UNUS SED LEO (LEO) price in United States Dollar is valued at $9.08 USD. You can buy 1LEO for $9.08 now, you can buy 1.1 LEO for $10 now. In the last 24 hours, the highest LEO to USD price is $9.11 USD, and the lowest LEO to USD price is $8.91 USD.
AI analysis
UNUS SED LEO price performance summary for today

UNUS SED LEO (LEO) Price Performance Analysis: January 17, 2026

UNUS SED LEO (LEO), the utility token underpinning the iFinex ecosystem, including the Bitfinex exchange, has demonstrated a mixed performance on January 17, 2026. After a period of slight volatility earlier in the week, LEO's price appears to be consolidating, reflecting a cautious market sentiment despite its unique deflationary tokenomics. For investors and observers, understanding the confluence of factors influencing LEO’s trajectory is crucial.

Today's Price Performance: A Snapshot of January 17, 2026

On January 17, 2026, UNUS SED LEO's price action indicated a period of relatively contained movement. Following reports from earlier in the week (January 14, 2026) that saw LEO fluctuate, both rising by 0.68% and falling by 7.69% within 24-hour periods, today's trading suggests a market wrestling with conflicting signals. The price lingered around the $8.80-$9.00 range, with a 24-hour trading volume that remained moderate, indicating a lack of strong directional conviction from traders. While some technical indicators from earlier in the week suggested potential short-term bullish momentum, overall sentiment has been largely bearish, contributing to the observed consolidation.

Factors Affecting UNUS SED LEO Price

The price performance of UNUS SED LEO is influenced by a distinct set of factors, primarily its innovative tokenomics and its intricate relationship with the iFinex ecosystem.

1. Deflationary Tokenomics and the Burn Mechanism

The cornerstone of LEO's value proposition is its deflationary model. iFinex, the parent company of Bitfinex, commits to using at least 27% of its consolidated gross revenues to buy back LEO tokens from the open market and permanently remove them from circulation. This aggressive buyback and burn mechanism is designed to continually reduce the token's total supply, thereby creating scarcity and theoretically driving up its value over time. Upcoming revenue reports from Bitfinex, such as the expected Q1 2026 report in February, will be closely watched as higher revenues directly translate to faster and larger token burns, which could significantly impact LEO's price.

2. iFinex Ecosystem Activity and Utility

LEO functions as a utility token within the iFinex ecosystem, primarily offering tiered discounts on trading fees and reduced withdrawal costs for users on the Bitfinex exchange. The more LEO tokens a user holds, the greater the discount, incentivizing active participation and holding. The health and profitability of Bitfinex and other iFinex products directly contribute to the revenues allocated for LEO burns, making the ecosystem's performance a critical determinant of LEO's long-term value.

3. Broader Cryptocurrency Market Trends

Despite its unique tokenomics, LEO is not entirely immune to the wider cryptocurrency market sentiment. Like other digital assets, LEO tends to follow general market tendencies, meaning a strong bull run in Bitcoin and Ethereum can positively influence LEO, while a broader market downturn can exert downward pressure. The mixed signals observed in the broader crypto market earlier this week likely contributed to LEO's relatively subdued performance today.

4. Regulatory Developments

Given iFinex's past regulatory challenges and its association with Tether (USDT), any significant regulatory news or scrutiny pertaining to either entity could introduce volatility to LEO's price. While no specific regulatory news appears to be impacting LEO today, it remains an underlying risk factor for investors.

5. Technical Analysis and Trading Volume

From a technical perspective, earlier this week, LEO was noted to be trading around its 200-day Simple Moving Average (SMA) of $9.23, a key support level. A bullish MACD crossover was also observed, suggesting potential short-term upward movement, though muted trading volume indicated limited conviction. Today's consolidation suggests that these technical signals are being weighed against broader market caution, and significant trading volume would be needed to confirm a strong breakout in either direction.

Investor Insights

For investors, LEO presents an interesting profile. Its deflationary mechanism offers a long-term value proposition, distinct from many other cryptocurrencies. However, its price can still experience short-term fluctuations driven by overall market sentiment and the profitability of the iFinex ecosystem. Investors should continue to monitor Bitfinex's revenue announcements and LEO burn reports, as these provide concrete data points on the token's shrinking supply. The current consolidation period might be seen as an opportunity for long-term holders to accumulate, provided they believe in the continued success and revenue generation of the iFinex ecosystem.

Conclusion

On January 17, 2026, UNUS SED LEO exhibited a period of price consolidation, influenced by its fundamental deflationary tokenomics and the prevailing cautious sentiment in the broader cryptocurrency market. While the unique burn mechanism provides a strong long-term driver for value appreciation, short-term performance will continue to be shaped by ecosystem activity, market-wide trends, and investor sentiment. As the market progresses, the transparency of iFinex's burn reports will remain a critical metric for LEO's price discovery.

The AI-summarized content may not be fully accurate. Please verify the information from multiple sources. The above does not constitute investment advice.
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AI analysis
Today's hot spots in the crypto market

The crypto market on January 16, 2026, presents a dynamic landscape, marked by significant regulatory hurdles, continued institutional interest in leading digital assets, and a nascent recovery in the NFT sector. While Bitcoin and Ethereum show signs of renewed momentum, the broader market navigates crucial legislative debates and diverse altcoin performances.

Bitcoin (BTC) Navigates Key Levels Amid Institutional Inflows

Bitcoin's price activity remains a central focus, trading around the $96,000 to $97,000 range. Despite some short-term volatility, the cryptocurrency has demonstrated a recovery from the lower levels seen in late 2025. Market analysts hold varied perspectives on whether this upward movement signifies a sustained trend reversal or merely a temporary relief rally. A substantial driver behind Bitcoin's resilience is the increasing institutional demand. Significant inflows into Bitcoin Exchange-Traded Funds (ETFs) and continued strategic purchases by corporate treasuries, such as MicroStrategy's recent acquisition of 13,267 BTC for $1.25 billion, underscore a growing institutional conviction in BTC as a treasury asset. Projections for 2026 suggest a notable supply-demand imbalance, with institutional demand potentially outstripping new Bitcoin supply by a factor of 4.7, painting a bullish long-term picture for the asset.

U.S. Regulatory Framework Faces Roadblocks

A major headline impacting market sentiment today is the postponement of the U.S. Senate Banking Committee's debate on the Digital Asset Market Clarity Act. This delay follows strong opposition from industry leaders, most notably Coinbase CEO Brian Armstrong, who publicly stated that the company would prefer no legislation over a flawed one. Armstrong highlighted concerns regarding provisions that could effectively ban tokenized equities, weaken the Commodity Futures Trading Commission's (CFTC) authority, impose restrictions on Decentralized Finance (DeFi), and eliminate rewards for stablecoin holdings. The ongoing disagreements among lawmakers and industry stakeholders, particularly concerning stablecoin regulations and the jurisdictional lines between the Securities and Exchange Commission (SEC) and the CFTC, indicate that a clear regulatory framework in the U.S. remains an elusive goal. In a positive development for privacy-focused cryptocurrencies, the Zcash Foundation announced that the SEC has concluded its inquiry into the company without recommending any enforcement action, a decision that led to a price increase for ZEC. Meanwhile, the CFTC itself is undergoing leadership transitions while grappling with the challenges of expanding its oversight to crypto assets and prediction markets.

Ethereum (ETH) Shows Strong Growth and Network Expansion

Ethereum is exhibiting a robust performance, with recent reports indicating a significant gain of 7.40% in the last 24 hours, pushing its price to trade around $3,300 to $3,365. The network recently achieved a historic milestone, onboarding 447,000 new holders within a single day, breaking a seven-year record for daily new addresses and reflecting expanding organic demand. This surge in adoption coincides with a bullish breakout for ETH, emerging from a two-month consolidation pattern. Institutional interest in Ethereum is also accelerating, evidenced by record inflows into spot Ethereum ETFs, with one instance recording $175 million in positive flows on January 14th. Furthermore, over 30% of Ethereum's circulating supply is now staked, contributing to a tightening of available supply. Analysts at Standard Chartered have raised their ETH forecast, predicting it could reach $7,500, citing growth in stablecoins and institutional accumulation as key drivers for Ethereum to potentially outperform Bitcoin in 2026.

Altcoins and DeFi See Mixed Activity

The altcoin market is currently a mixed bag. While some altcoins like Internet Computer (ICP) and PancakeSwap (CAKE) have seen notable surges due to tokenomics reforms and deflationary proposals, major token unlocks scheduled for today, January 16th, for projects like Arbitrum (ARB), Starknet (STRK), and Sei (SEI), are anticipated to introduce potential price volatility. The DeFi sector, while exhibiting a macro-level warmth, shows internal quietness. Despite significant protocol advancements for platforms like Uniswap, its token (UNI) experienced a considerable decline in 2025-2026, illustrating a disconnect between technological progress and market performance, which has subsequently impacted DeFi indices. Looking ahead, key DeFi trends for 2026 are expected to include the development of unified stablecoin liquidity layers and a greater emphasis on privacy-focused protocols.

NFT Market Shows Early Signs of Recovery

After a period of downturn, the Non-Fungible Token (NFT) market is beginning to show early signs of recovery in 2026. The overall market capitalization has seen an increase of over $220 million in the past week, with sales jumping over 30% in the first week of January, ending a three-month downtrend. While this recovery is largely driven by existing capital, some projects are experiencing price rebounds and warming trading volumes. However, the market also faced a setback with X (formerly Twitter) blocking InfoFi apps, which led to a nearly 20% drop in the KAITO token and a significant 50% collapse in the floor prices of Kaito Genesis NFTs. Future trends in the NFT space are predicted to include the rise of fractional NFTs, increased integration with DeFi platforms, and a greater focus on utility within gaming and virtual reality environments.

In conclusion, the crypto market on January 16, 2026, is characterized by a blend of cautious optimism and ongoing challenges. While Bitcoin and Ethereum demonstrate robust fundamentals and growing institutional adoption, the regulatory landscape in the U.S. remains a critical factor influencing market trajectory. The altcoin and NFT sectors show selective activity, with innovation and recovery battling against broader market sentiment and specific project-related events.

The AI-summarized content may not be fully accurate. Please verify the information from multiple sources. The above does not constitute investment advice.
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Do you think the price of UNUS SED LEO will rise or fall today?

Total votes:
Rise
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Voting data updates every 24 hours. It reflects community predictions on UNUS SED LEO's price trend and should not be considered investment advice.
The following information is included:UNUS SED LEO price prediction, UNUS SED LEO project introduction, development history, and more. Keep reading to gain a deeper understanding of UNUS SED LEO.

UNUS SED LEO price prediction

When is a good time to buy LEO? Should I buy or sell LEO now?

When deciding whether to buy or sell LEO, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget LEO technical analysis can provide you with a reference for trading.
According to the LEO 4h technical analysis, the trading signal is Strong buy.
According to the LEO 1d technical analysis, the trading signal is Buy.
According to the LEO 1w technical analysis, the trading signal is Neutral.

How are institutions and celebrities predicting Bitcoin prices in 2026?

The table below shows the price predictions for Bitcoin by relevant institutions and prominent figures at the end of 2025. All information was collected from publicly available online sources.

Optimistic views are primarily based on the Federal Reserve's interest rate cuts, increased institutional allocation, and structural buying driven by spot ETFs, with targets mostly concentrated between $150,000 and $250,000. Cautious and bearish views emphasize that slowing demand, macroeconomic tightening, or technical structural disruption could trigger a deep pullback, with scenarios potentially leading to declines to $70,000, $56,000, $25,000, or even $10,000.

Some of these institutions' and celebrities' past predictions were very close to Bitcoin's price performance, while others were quite far off. Therefore, please consider these predictions objectively in conjunction with more information.

In summary, Bitcoin's price performance in 2026 will primarily be driven by the implementation of the US National Bitcoin Strategic Reserve policy and the macro liquidity resulting from global monetary easing. Meanwhile, the market's cyclical recovery demand following the significant correction in 2025, the continued allocation of institutional funds, and global geopolitical and inflationary pressures will also be key variables influencing its price trend.

Institution / IndividualDescriptionBitcoin target price in 2026Outlook
Charles HoskinsonCardano founder$250,000Very optimistic
Robert KiyosakiRich Dad, Poor Dad author$250,000Very optimistic
Galaxy DigitalCrypto asset management company$250,000Very optimistic
Arthur HayesBitMEX co-founder$200,000+Very optimistic
Brad GarlinghouseRipple CEO$180,000Very optimistic
VanEckInvestment companies specializing in ETFs$180,000Very optimistic
JPMorganA leading global financial services group$170,000Very optimistic
Tom LeeFundstrat founder$150,000–$200,000Very optimistic
Standard Chartered BankBritish International Commercial Bank$150,000Optimistic
Bernstein ResearchWall Street investment banks$150,000Optimistic
BitwiseCrypto asset management company$150,000Optimistic
CitigroupGlobal financial services group$143,000Optimistic
GrayscaleThe world's largest crypto asset management companyBreaking all-time highOptimistic
Jurrien TimmerFidelity Director of Global Macro$75,000Pessimistic
CryptoQuantOn-chain data analytics platform$56,000~$70,000Pessimistic
Peter BrandtLegendary trader with over 40 years of experience$25,000Very Pessimistic
Mike McGloneSenior Commodity Strategist at Bloomberg Intelligence$10,000Very Pessimistic

What will the price of LEO be in 2027?

In 2027, based on a +5% annual growth rate forecast, the price of UNUS SED LEO(LEO) is expected to reach $9.74; based on the predicted price for this year, the cumulative return on investment of investing and holding UNUS SED LEO until the end of 2027 will reach +5%. For more details, check out the UNUS SED LEO price predictions for 2026, 2027, 2030-2050.

What will the price of LEO be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of UNUS SED LEO(LEO) is expected to reach $11.28; based on the predicted price for this year, the cumulative return on investment of investing and holding UNUS SED LEO until the end of 2030 will reach 21.55%. For more details, check out the UNUS SED LEO price predictions for 2026, 2027, 2030-2050.

About UNUS SED LEO (LEO)

What Is UNUS SED LEO?

UNUS SED LEO (LEO) is an ERC-20 token that was introduced in May 2019 by iFinex Inc., the parent company of cryptocurrency exchange Bitfinex and stablecoin issuer Tether. The name UNUS SED LEO itself holds historical and philosophical significance. It is from the Latin language, where "Unus" means "One" and "Leo" translates to "Lion." The phrase, "Unus Sed Leo," is attributed to the medieval theologian Peter Damian and is often interpreted as "The Lion is One." This phrase has been adopted as the official motto of Bitfinex, reflecting the token's connection to the exchange.

UNUS SED LEO was created to provide a utility token for the users of Bitfinex and its associated platforms. Bitfinex is one of the most famous cryptocurrency exchanges globally, and the introduction of UNUS SED LEO aimed to further enhance the user experience and create a thriving ecosystem within the platform.

Resources

Whitepaper: https://www.bitfinex.com/wp-2019-05.pdf

Official website: https://leo.bitfinex.com/

How does UNUS SED LEO work?

At its core, UNUS SED LEO operates as a utility token within the Bitfinex ecosystem:

- Reduced Trading Fees: One of the primary benefits of holding UNUS SED LEO tokens is the opportunity to enjoy reduced trading fees on the Bitfinex exchange. Traders who use LEO to pay for their trading fees can access discounted rates, incentivizing them to use and hold the token for their trading activities.

- Liquidity and Trading Pairs: UNUS SED LEO enhances liquidity on the Bitfinex platform. The token is often used as a base currency for various trading pairs, providing additional trading options and flexibility for users. This contributes to a more vibrant and dynamic trading environment within the exchange.

- Token Burn Mechanism: Bitfinex commits to regularly using a portion of its revenue to buy back UNUS SED LEO tokens from the market. These repurchased tokens are then "burned," meaning they are permanently removed from circulation. The token burn mechanism reduces the overall supply of LEO tokens, creating a deflationary aspect that can positively impact its value over time.

- Transparency and Backing: UNUS SED LEO was introduced in the wake of concerns surrounding Tether's backing, and as a result, Bitfinex took measures to ensure transparency. The token is explicitly backed by the reserves of Bitfinex and Tether, providing investors with a level of reassurance about its value and stability.

- Community Engagement: The success of UNUS SED LEO relies heavily on its community engagement. Bitfinex actively encourages discussions, feedback, and suggestions from its users, ensuring that the token's utility aligns with the needs and preferences of the community. This approach has led to a dedicated and vibrant user base supporting the project.

- Diversified Use Cases: Beyond its utility on Bitfinex, there is potential for UNUS SED LEO to expand its use cases in the future. As the cryptocurrency space evolves, new opportunities may arise to integrate the token into other platforms, services, or DeFi (decentralized finance) projects, further enhancing its value and relevance.

What Determines UNUS SED LEO's Price

Understanding the factors that influence the UNUS SED LEO price today is crucial for both investors and traders in the cryptocurrency market. One of the primary determinants of the UNUS SED LEO token price is its utility within the iFinex ecosystem, which includes the Bitfinex trading platform. The token offers various benefits such as reduced trading fees, lending fee reductions, and discounts on withdrawals and deposits. These utilities create a demand for the token, affecting its current price.

Additionally, the UNUS SED LEO price is influenced by the buyback and burn mechanism implemented by iFinex. A portion of the company's net profit is used to buy back LEO tokens from the market and burn them, effectively reducing the supply and potentially increasing the token's value. This mechanism is transparent and verifiable in real-time, adding a layer of trust and predictability to the UNUS SED LEO price forecast.

Another significant factor that impacts the UNUS SED LEO coin price is its dual blockchain compatibility, existing on both Ethereum and EOS blockchains. This feature not only increases the token's flexibility but also attracts a broader range of investors, affecting its market cap and trading volume.

When conducting a UNUS SED LEO price analysis, it's essential to also consider the token's role in Bitfinex's financial strategies. For instance, the token was initially launched to bolster confidence in Bitfinex when the company faced legal and financial challenges. Therefore, the UNUS SED LEO price history can be sensitive to the company's financial health and market sentiment.

Market trends, trading volume, and external market conditions also play a role in determining the UNUS SED LEO crypto price. Given its utility and the financial mechanisms supporting it, many investors consider UNUS SED LEO as a potentially stable investment with a positive ROI (Return on Investment). However, like any other cryptocurrency, it's essential to keep an eye on the UNUS SED LEO to USD price and conduct a thorough price analysis before making investment decisions.

Conclusion

In conclusion, UNUS SED LEO is a utility token that serves as the backbone of Bitfinex's ecosystem, offering various benefits to its users, including reduced trading fees, enhanced liquidity, and transparency. As the platform continues to grow and innovate, the utility and demand for UNUS SED LEO may increase, cementing its position as a revolutionary crypto token within the cryptocurrency landscape.

It's important to note that like any other cryptocurrencies, UNUS SED LEO carries its own risks and it's always wise to do your own research and exercise caution while investing.

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AI analysis
UNUS SED LEO project analysis

UNUS SED LEO Project Analysis Report

UNUS SED LEO (LEO) is a utility token central to the iFinex ecosystem, the parent company of prominent cryptocurrency exchanges like Bitfinex and Ethfinex. Launched in May 2019, LEO's primary objective is to enhance and optimize operations within this extensive digital asset infrastructure, offering a suite of benefits to its holders. The token's name, meaning 'one but a lion' in Latin, reflects its aim to be a dominant force within its operational sphere.

At its core, LEO is designed to provide economic advantages and utility across the iFinex platforms. Holders of LEO tokens are eligible for various fee reductions, a significant incentive for active traders and users of Bitfinex. These discounts apply to trading fees, lending fees, and withdrawal/deposit fees, creating a direct financial benefit for integrating LEO into their trading strategies. The tiered discount system is structured to reward larger holdings of LEO, encouraging long-term engagement with the token and the iFinex ecosystem. This utility model is a key driver of demand and intrinsic value for the token.

One of the most distinctive features of the LEO token is its deflationary supply mechanism. iFinex committed to using a portion of its gross revenues to buy back LEO tokens from the market at spot price. This buyback program is designed to continue until all LEO tokens are redeemed, effectively reducing the circulating supply and, in theory, increasing the scarcity and value of the remaining tokens. This transparent and consistent buyback and burning process is a cornerstone of LEO's tokenomics, providing a clear path toward supply reduction. The redemption mechanism involves iFinex purchasing LEO from the open market, and also from Bitfinex affiliates, at a rate equivalent to at least 27% of iFinex’s consolidated gross revenues. This commitment underpins the token’s long-term value proposition.

The initial distribution of LEO tokens occurred through a private sale, raising capital for iFinex after a period of operational challenges. This funding model allowed the company to regain stability and further develop its platforms, indicating a strong foundational purpose for the token's existence. The strategic allocation and subsequent buyback mechanism are integral to its financial architecture.

From a market perspective, LEO operates within the competitive landscape of exchange tokens, vying for attention alongside tokens from other major trading platforms. Its unique selling proposition, however, lies in its direct link to Bitfinex, an exchange known for its professional trading tools, deep liquidity, and significant market share, particularly among institutional and high-volume traders. The inherent utility within such a well-established and sophisticated trading environment gives LEO a distinct advantage.

While LEO’s primary utility is within the iFinex ecosystem, its future trajectory is closely tied to the growth and expansion of Bitfinex and its associated platforms. Any innovations, new services, or increased trading volumes on these platforms directly translate into enhanced utility and potential demand for LEO. The ongoing commitment to the buyback and burn program also provides a continuous deflationary pressure, aiming to support the token's value over time. The project’s success is intrinsically linked to the financial health and strategic development of iFinex as a whole.

In summary, UNUS SED LEO represents a sophisticated utility token model designed to service and benefit its parent company’s robust cryptocurrency exchange ecosystem. Its strong deflationary mechanism, coupled with tangible utility in the form of fee discounts, positions it as an integral component of the iFinex operational strategy. The long-term success of LEO hinges on the continued performance and innovation of Bitfinex and the consistent execution of its token buyback program, aiming to deliver enduring value to its holders within the dynamic digital asset market.

The AI-summarized content may not be fully accurate. Please verify the information from multiple sources. The above does not constitute investment advice.
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LEO/USD price calculator

LEO
USD
1 LEO = 9.08 USD. The current price of converting 1 UNUS SED LEO (LEO) to USD is 9.08. This rate is for reference only.
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LEO resources

UNUS SED LEO rating
4.5
102 ratings

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Contracts:
0x2af5...d912ca3(Ethereum)
Links:

What can you do with cryptos like UNUS SED LEO (LEO)?

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What is UNUS SED LEO and how does UNUS SED LEO work?

UNUS SED LEO is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive UNUS SED LEO without the need for centralized authority like banks, financial institutions, or other intermediaries.
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FAQ

What does "UNUS SED LEO" mean?

"Unus Sed Leo" is a Latin phrase that translates to "One, But a Lion." It's derived from Aesop’s fables and was chosen to represent the strength and leadership the Bitfinex team hoped to convey, especially in the face of challenges they were dealing with.

Why was UNUS SED LEO (LEO) created?

The token was introduced after Bitfinex faced challenges accessing $850 million in funds held by a payment processor. Through a private sale of UNUS SED LEO in 2019, Bitfinex successfully raised $1 billion to address its liquidity concerns.

How does the token burn mechanism work for UNUS SED LEO (LEO)?

Bitfinex has implemented a mechanism whereby a portion of its monthly revenues is used to purchase LEO tokens from the open market and then "burn" or permanently remove them from circulation. This decreases the overall supply over time, potentially increasing the token's scarcity and value.

What benefits do UNUS SED LEO (LEO) token holders receive on the Bitfinex platform?

The primary benefit for LEO holders is a discount on trading fees on the Bitfinex platform. Additionally, Bitfinex has promised increased transparency regarding its operations and finances for LEO token holders.

Is there a maximum supply of UNUS SED LEO (LEO)?What factors can influence the value of UNUS SED LEO (LEO)?

The initial maximum supply of UNUS SED LEO was 1 billion tokens. This amount was minted for the private sale conducted by Bitfinex in 2019 to address its liquidity challenges. Over time, Bitfinex has been using a portion of its profits to buy back and "burn" or permanently remove UNUS SED LEO tokens from circulation, thereby reducing the total available supply. The token burn mechanism and the amount of tokens burned can typically be tracked and verified on the blockchain. As of September 2023, the total supply of LEO is 985,239,504.

What factors can influence the price of UNUS SED LEO (LEO)?

The price of UNUS SED LEO can be influenced by a variety of elements. Key among them are Bitfinex's operational stability, the clarity and impact of its token burn procedure, overall market sentiment, regulatory developments, and trends within the wider cryptocurrency sector.

What factors influence the price of UNUS SED LEO (LEO)?

The price of UNUS SED LEO (LEO) is influenced by several factors, including the overall market sentiment for cryptocurrencies, Bitfinex's financial performance, changes in LEO's utility or functionality, regulatory developments, and broader macroeconomic trends.

How is the performance of UNUS SED LEO (LEO) in the current market?

To get the latest performance metrics for UNUS SED LEO (LEO), you can check the real-time price and market data on Bitget Exchange, which provides detailed price charts and historical data.

Is UNUS SED LEO (LEO) a good investment?

Whether LEO is a good investment depends on individual financial goals and risk tolerance. Investors should perform due diligence by evaluating the token's fundamentals, market trends, and consulting financial advisors before making investment decisions.

Where can I trade UNUS SED LEO (LEO)?

You can trade UNUS SED LEO (LEO) on Bitget Exchange, which supports a variety of trading pairs and offers various tools to help manage your trades effectively.

What was the all-time high price for UNUS SED LEO (LEO)?

The all-time high for UNUS SED LEO (LEO) can be checked on Bitget Exchange, where historical price data is available. As of my last update, it reached an all-time high of approximately $2.00 in February 2020, but this may have changed since.

What are the potential risks of investing in UNUS SED LEO (LEO)?

Investing in UNUS SED LEO (LEO) carries risks such as market volatility, regulatory changes affecting cryptocurrencies, potential technology issues, and the financial health of the issuer (iFinex). Diversification and research are key to managing these risks.

How does UNUS SED LEO (LEO) gain utility within the Bitfinex ecosystem?

LEO token offers various utility benefits within the Bitfinex ecosystem, such as trading fee discounts, access to premium features, and potentially playing a role in future projects or initiatives announced by iFinex.

What is the market outlook for UNUS SED LEO (LEO) for the next year?

The market outlook for UNUS SED LEO (LEO) depends on factors like cryptocurrency market trends, innovations or updates within the Bitfinex ecosystem, and global economic conditions. Analysts' reports and recent news can provide more insights.

Can I use UNUS SED LEO (LEO) for payment outside Bitfinex?

While LEO is primarily designed for use within the Bitfinex ecosystem, the token might be accepted by other platforms that support cryptocurrency payments. Its acceptance for outside payments varies and should be verified with the service provider.

How does tokenomics affect the value of UNUS SED LEO (LEO)?

LEO's tokenomics, which include factors like the total supply, token burn mechanisms, and demand within its ecosystem, directly influence its value by impacting scarcity, utility, and investor demand.

What is the current price of UNUS SED LEO?

The live price of UNUS SED LEO is $9.08 per (LEO/USD) with a current market cap of $8,365,826,195.98 USD. UNUS SED LEO's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. UNUS SED LEO's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of UNUS SED LEO?

Over the last 24 hours, the trading volume of UNUS SED LEO is $1.25M.

What is the all-time high of UNUS SED LEO?

The all-time high of UNUS SED LEO is $10.01. This all-time high is highest price for UNUS SED LEO since it was launched.

Can I buy UNUS SED LEO on Bitget?

Yes, UNUS SED LEO is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy unus-sed-leo guide.

Can I get a steady income from investing in UNUS SED LEO?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy UNUS SED LEO with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

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How to complete identity verification on Bitget and protect yourself from fraud
1. Log in to your Bitget account.
2. If you're new to Bitget, watch our tutorial on how to create an account.
3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
4. Choose your issuing country or region and ID type, and follow the instructions.
5. Select “Mobile Verification” or “PC” based on your preference.
6. Enter your details, submit a copy of your ID, and take a selfie.
7. Submit your application, and voila, you've completed identity verification!
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Cryptocurrency investments, including buying UNUS SED LEO online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy UNUS SED LEO, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your UNUS SED LEO purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.
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