Home / Price Predictions / Unus Sed Leo Price Prediction 2024: Can Bitfinex LEO Crypto Maintain Levels?

Unus Sed Leo Price Prediction 2024: Can Bitfinex LEO Crypto Maintain Levels?

Last Updated March 4, 2024 10:03 AM
Peter Henn
Last Updated March 4, 2024 10:03 AM

Key Takeaways

  • Unus Sed Leo was designed to give people discounts in the Bitfinex exchange in the wake of the platform being hacked.
  • The LEO token outperformed the market in 2022 owing, at least in part, to a buy back program.
  • It recently reached its best price since September 2022.
  • One Unus Sed LEO price prediction said the token could reach $16.77 next year. 

At a time when the crypto market was living in fear of regulators after the US Securities and Exchange Commission sued the Binance and Coinbase exchanges, Federal Reserve chairman Jerome Powell saying that he considered stablecoins to be money will have come as a bit of relief. 

The news was especially good for one particular token. Crypto platform iFinex is the parent company of both the Bitfinex exchange and the Tether (USDT) stablecoin and, with USDT seemingly getting the approval of the authorities, things looked good for Unus Sed Leo, a token linked to Bitfinex.

In 2024, LEO rallied to its best price in nearly 18 months. On March 4, 2024, Unus Sed Leo was worth about $4.80.

Unus Sed Leo did not immediately respond to a request for comment.

But what is Unus Sed Leo (LEO)? How does Unus Sed Leo work? Let’s see what we can find out, and also examine some of the Unus Sed Leo price predictions that were being made as of March 4, 2024. 

Unus Sed Leo Price Prediction 

Let’s examine some of the Unus Sed Leo price predictions being made on March 4, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.

First, CoinCodex  had a short-term Unus Sed Leo price prediction that said LEO would rise and fall over the coming weeks. The site said that the coin would hit $5.08 by March 9 before dipping to $4.97 by April 3. The site’s technical analysis was, perhaps unsurprisingly, bullish, with 29 indicators sending encouraging signals and just four making bearish ones. 

2024 2025 2030
Prediction #1 $6.60 $9.59 $62.11
Prediction #2 $11.98 $16.77 $40.72
Prediction #3 $9.84 $11.42 $34.61

Unus Sed Leo Price Prediction for 2024

PricePrediction.net  said that LEO would trade at $4.53 this year.  Meanwhile Bitnation  said the token would reach $5.76 and DigitalCoinPrice  argued that it would reach $8.13.

Unus Sed Leo Price Prediction for 2025

Moving on, DigitalCoinPrice claimed that Unus could trade at at $11.42 in 2025, while Bitnation said it would get to $16.77. PricePrediction.net was a little more cautious in its Unus Sed Leo price forecast, saying it would be worth about $9.59 next year.

Unus Sed Leo Price Prediction for 2030

In terms of a more long-term Unus Sed Leo price prediction,  PricePrediction.net argued it could get to $62.11 in 2030. Meanwhile, DigitalCoinPrice argued it would be worth for $34.61 that year. Finally, Bitnation’s LEO price prediction saw it trade at $40.72 at the start of the next decade.  

Google Gemini AI Price Prediction for Unus Sed Leo (as of March 4)

Google’s Gemini AI platform gave the following price prediction for Unus Sed Leo on March 4. Please remember that the exact price prediction of an asset or cryptocurrency in the future is nearly impossible to achieve. Additionally, artificial intelligent price predictions are predicated on past performances and are in no way entirely accurate.

Short-term (1 month):

  • Prediction: Price could decrease by around 10% to reach $5.26 by April 1st, 2024.
  • Reasoning: The Fear and Greed Index currently sits at “Extreme Greed,” indicating potential overvaluation and a possible correction in the short term. Additionally, broader market fluctuations could further impact LEO’s price.

Medium-term (6 months):

  • Prediction: Price could rebound and reach $6.23 by August 29th, 2024.
  • Reasoning: If the broader market stabilizes and positive sentiment returns, LEO could benefit from its utility within the Bitfinex ecosystem and potential new exchange listings.

Long-term (2025):

  • Prediction: Predictions vary widely, ranging from $4.55 to $9.50.
  • Reasoning: Long-term predictions are highly speculative and depend heavily on factors like wider cryptocurrency adoption, Bitfinex’s performance, and potential regulatory changes.

It’s crucial to remember that these are just possible scenarios, and the actual price movement of LEO could differ significantly. Always conduct your own research and due diligence before making any investment decisions.

Recent Updates from Unus Sed Leo

In recent days, LEO has rallied, climbing by nearly 15% from $4.19 on February 26 to nearly $4.80 on March 4.

LEO Price History

Now, let’s examine some of the highlights and lowlights of the Unus Sed Leo price history . While we should never take past performance as an indicator of future results, knowing what the token has achieved can provide us with some very useful context if we want to make or interpret a Bitcoin price prediction.

When LEO first came onto the open market in May 2019, it was worth about $1.09. The crypto hovered around the dollar for the next 18 months or so, but things woke up in 2021. It was then that the crypto market went through a bull run and LEO reached a periodic high of $3.89 on 12 May. The token dropped over the summer, sinking to below $2.10 in late June, but there was a recovery at the end of the year and it closed 2021 at $3.76.

Initially, 2022 looked like it would be a very good year for Unus Sed Leo, as it skyrocketed at the start of the year when the US Department of Justice announced  it had recovered funds stolen in the 2016 hack, reaching an all-time high of $8.04. 

When a series of crashes shook the market, LEO was able to fight against the bears better than most, with it closing the year at $3.61. While this represented a loss of 4%, crypto as a whole was down by more than 60% over the course of 2022, making Unus Sed Leo a notable high performer in a very bad year for blockchain-based finance.

LEO in 2023 and 2024

Unus Sed Leo Price History
Unus Sed Leo has rallied recently | Credit: CoinMarketCap

LEO ended up underperforming in 2023. The token, albeit with plenty of peaks and troughs, went down in the first half of the year the year, reaching a low of $3.47 in the wake of 10 June’s announcement that Crypto.com was suspending its US institutional operations. 

After that, it made something of a comeback, closing the year at $3.97. This year-on-year rise of a little under 10% meant it underperformed against a crypto market that more than doubled in 2023. 

In late February and early March 2024, LEO rallied and, by March 4 2024, it was worth about $4.80. At that time, there were 927.2 million Unus Sed Leo in circulation out of a total supply of 985.2 million.

This gave the token a market cap of around $4.4 billion, making it the 28th largest crypto by that metric. 

Unus Sed Leo Price Analysis

Unus Sed Leo price analysis
Unus Sed Leo could reach $6.

LEO was in a bear cycle from February 2022 until December last year, when it established support at $3.50. A new uptrend started, with the price spiking to nearly $5 on March 1. 

The rise will likely continue, with our next target $5.50. If LEO can get there and consolidates, it could eventually break $6.

Is Unus Sed Leo a Good Investment?

It is hard to say. One thing that we do need to point out is that, in 2022, LEO outperformed the market whereas it underperformed last year. The token also does not have that much in terms of utility, although the buyback program that iFinex is carrying out has served, at least in theory, to keep the price high.

That said, it has rallied recently.

As always, you will need to do your own research before deciding whether or not to invest in Unus Sed Leo. 

Will Unus Sed Leo go up or down?

No one can really tell right now. Although most of the Unus Sed Leo price predictions are optimistic, at least in the long run, price predictions are very often wrong. You should also remember that prices can, and do, go down as well as up. 

Should I invest in Unus Sed Leo?

Before you decide whether or not to invest in Unus Sed Leo, you will need to do your own research, not only on LEO but on other coins and tokens. More importantly, you should make it absolutely essential that you never invest more money than you can afford to lose. 

From the Whitepaper

In its technical documentation, or whitepaper, iFinex says LEO is a key component of its platform, of which Bitfinex is a part. It says: “LEO will be the utility token at the heart of the iFinex ecosystem. Token holders will experience benefits across the entire portfolio and are expected to obtain benefits from future projects, products, and services.”

Who are the Founders of Unus Sed Leo?

Crypto entrepreneurs Raphael Nicolle and Giancarlo Devasini founded iFinex, the platform behind the LEO token, in 2012.

Who Owns the Most Unus Sed Leo?

As of March 4, 2024, a Bitfinex wallet held more than 98% of the supply of LEO

Richest LEO Wallet Addresses

On March 4, 2024, the five wallets with the most Unus Sed Leo were:

  • 0xc61b9bb3a7a0767e3179713f3a5c7a9aedce193c. This wallet, listed as Bitfinex: MultiSig 3, held 648,000,000 LEO, or 98.18% of the total supply.
  • 0x742d35cc6634c0532925a3b844bc454e4438f44e. This wallet, listed as Bitfinex 2, held 5,616,578 LEO, or 0.85% of the supply.
  • 0x97f991971a37d4ca58064e6a98fc563f03a71e5c. This wallet held 3,201,053 LEO, or 0.49% of the supply.
  • 0xf9b35626ae6a1940f4310145b28b2f72e4098057. This wallet held 1,564.962 LEO, or 0.24% of the supply.
  • 0x77134cbc06cb00b66f4c7e623d5fdbf6777635ec. This wallet, listed as Bitfinex Hot Wallet, held 311,281 LEO, or 0.05% of the supply.

Fact Box

Supply and distribution Figures
Total supply 985,239,504
Circulating supply (as of March 4, 2024) 927,213,476 (94.11% of supply)
Holder distribution Top 10 holders owned 99.88% of supply, as of March 4, 2024.

Unus Sed Leo (LEO) Explained

The LEO  token was founded in an attempt to solve one particular problem. In 2016, hackers stole Bitcoin (BTC) worth more than $67 million at the time from the Bitfinex exchange.

Unus Sed Leo was an attempt to make things up to people who had lost out in the hack. Holders of LEO are eligible for discounts on Bitfinex, including money off trading fees and withdrawals and deposits. 

How Unus Sed Leo Works

LEO is, ultimately, designed to be destroyed. The idea is that iFinex will, over time, spent 27% of its gross revenues on buying back the token at the prevailing market rate.

It’s worth noting that, because Unus Sed Leo is based on the Ethereum (ETH) and EOS blockchains, it is a token, not a coin. You might see references to such things as a Unus Sed Leo coin price prediction, but these are wrong. 

Unus Sed Leo Attention Tracker

Google Trends said there was insufficient data to show a 90-day search volume chart for Unus Sed Leo.


How Many Unus Sed Leo are There?

On March 4, 2024, there were 927.2 million Unus Sed Leo in circulation out of a total supply of 985.2 million.


Will Unus Sed Leo Reach $10?

It could do. Bitnation says it can get to double figures as soon as next year, while DigitalCoinPrice thinks it can get there the year after that. PricePrediction.net thinks LEO can break past $10 in 2026.

It is important to remember that Unus Sed Leo has never traded at $10.

What is Unus Sed Leo used for?

LEO is used to give people discounts on fees on the Bitfinex exchange.


Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.