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UNUS SED LEO price

UNUS SED LEO priceLEO

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$9.35+0.10%1D
Price
UNUS SED LEO price chart (LEO/USD)
Last updated as of 2025-04-10 19:15:42(UTC+0)
Market cap:$8,640,419,343.24
Fully diluted market cap:$8,640,419,343.24
Volume (24h):$3,489,550.83
24h volume / market cap:0.04%
24h high:$9.49
24h low:$9.35
All-time high:$10
All-time low:$0.8031
Circulating supply:923,731,650 LEO
Total supply:
985,239,504LEO
Circulation rate:93.00%
Max supply:
--LEO
Price in BTC:0.0001176 BTC
Price in ETH:0.006157 ETH
Price at BTC market cap:
$1,708.55
Price at ETH market cap:
$198.47
Contracts:
0x2af5...d912ca3(Ethereum)
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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.

AI analysis report on UNUS SED LEO

Today's UNUS SED LEO price performance summaryView report

UNUS SED LEO price today in USD

The live UNUS SED LEO price today is $9.35 USD, with a current market cap of $8.64B. The UNUS SED LEO price is up by 0.10% in the last 24 hours, and the 24-hour trading volume is $3.49M. The LEO/USD (UNUS SED LEO to USD) conversion rate is updated in real time.

UNUS SED LEO price history (USD)

The price of UNUS SED LEO is +56.89% over the last year. The highest price of in USD in the last year was $10 and the lowest price of in USD in the last year was $5.34.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+0.10%$9.35$9.49
7d-0.36%$8.84$9.65
30d-5.39%$8.84$9.91
90d+1.13%$8.68$10
1y+56.89%$5.34$10
All-time+789.60%$0.8031(2019-12-25, 5 years ago )$10(2025-03-03, 39 days ago )
UNUS SED LEO price historical data (all time).

What is the highest price of UNUS SED LEO?

The all-time high (ATH) price of UNUS SED LEO in USD was $10, recorded on 2025-03-03. Compared to the UNUS SED LEO ATH, the current price of UNUS SED LEO is down by 6.49%.

What is the lowest price of UNUS SED LEO?

The all-time low (ATL) price of UNUS SED LEO in USD was $0.8031, recorded on 2019-12-25. Compared to the UNUS SED LEO ATL, the current price of UNUS SED LEO is up by 1064.77%.

UNUS SED LEO price prediction

What will the price of LEO be in 2026?

Based on LEO's historical price performance prediction model, the price of LEO is projected to reach $8.85 in 2026.

What will the price of LEO be in 2031?

In 2031, the LEO price is expected to change by +34.00%. By the end of 2031, the LEO price is projected to reach $24.63, with a cumulative ROI of +162.59%.

FAQ

What factors influence the price of UNUS SED LEO?

UNUS SED LEO's price is influenced by factors such as market demand, trading volume, the overall performance of Bitfinex, cryptocurrency market trends, regulatory news, and macroeconomic factors impacting the entire crypto space.

How does the token burn mechanism affect LEO's price?

The token burn mechanism reduces the supply of UNUS SED LEO over time, which can lead to price appreciation as the market supply decreases, assuming demand remains stable or increases.

Can trading volume on Bitget Exchange affect the price of LEO?

Yes, a higher trading volume on Bitget Exchange can indicate strong market interest and liquidity, which may contribute to price stability or price increases for LEO.

How does the performance of Bitfinex impact the price of UNUS SED LEO?

Since LEO is closely associated with Bitfinex, the exchange's performance, user base, and reputation can significantly impact LEO’s price. Any positive developments can boost confidence and price, while negative events can have the opposite effect.

What role does investor sentiment play in LEO's price movements?

Investor sentiment, shaped by news, social media discussions, and overall market climate, can drive buying or selling pressure, influencing LEO's short-term price movements significantly.

Is LEO considered a stable investment compared to other cryptocurrencies?

While LEO may be perceived as relatively stable due to its association with Bitfinex and the token burn mechanism, it is still subject to the high volatility common in the cryptocurrency market.

How do macroeconomic trends impact the price of LEO?

Macroeconomic trends, such as interest rates, inflation, and global financial stability, can influence investor appetite for risk-assets like cryptocurrencies, including LEO, thereby impacting its price.

What are the benefits of holding LEO tokens for Bitfinex users?

Holding LEO tokens can provide Bitfinex users with various benefits, such as reduced trading fees, enhanced rewards, and access to premium features on the Bitfinex platform.

How does regulatory news affect the price of UNUS SED LEO?

Regulatory news, particularly that which pertains to cryptocurrency exchanges or trading policies, can create uncertainty or assurance, impacting market confidence and the price of LEO.

What are analysts' predictions for LEO's price in the future?

Predictions vary widely, with some analysts optimistic about LEO's future price due to its utility and tokenomics, while others caution about the inherent risks and market volatility. For current price predictions, one should refer to detailed analysis reports and expert opinions.

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 is the current price of UNUS SED LEO?

The live price of UNUS SED LEO is $9.35 per (LEO/USD) with a current market cap of $8,640,419,343.24 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 $3.49M.

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

The all-time high of UNUS SED LEO is $10. 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 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.

UNUS SED LEO holdings by concentration

Whales
Investors
Retail

UNUS SED LEO addresses by time held

Holders
Cruisers
Traders
Live coinInfo.name (12) price chart
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UNUS SED LEO Social Data

In the last 24 hours, the social media sentiment score for UNUS SED LEO was 5, and the social media sentiment towards UNUS SED LEO price trend was Bullish. The overall UNUS SED LEO social media score was 7, which ranks 649 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with UNUS SED LEO being mentioned with a frequency ratio of 0%, ranking 835 among all cryptocurrencies.

In the last 24 hours, there were a total of 138 unique users discussing UNUS SED LEO, with a total of UNUS SED LEO mentions of 15. However, compared to the previous 24-hour period, the number of unique users decrease by 22%, and the total number of mentions has increase by 67%.

On Twitter, there were a total of 1 tweets mentioning UNUS SED LEO in the last 24 hours. Among them, 100% are bullish on UNUS SED LEO, 0% are bearish on UNUS SED LEO, and 0% are neutral on UNUS SED LEO.

On Reddit, there were 3 posts mentioning UNUS SED LEO in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .

All social overview

Average sentiment (24h)
5
Social media score (24h)
7(#649)
Social contributors (24h)
138
-22%
Social media mentions (24h)
15(#835)
+67%
Social media dominance (24h)
0%
X
X posts (24h)
1
0%
X sentiment (24h)
Bullish
100%
Neutral
0%
Bearish
0%
Reddit
Reddit score (24h)
3
Reddit posts (24h)
3
0%
Reddit comments (24h)
0
0%

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UNUS SED LEO ratings

Average ratings from the community
4.6
100 ratings
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