Rapid technological advancements and the growing zeal for blockchain and its use cases, has made way to potential projects and cryptocurrencies. UNUS SED LEO is one of the potential projects in the industry. The protocol backs interoperability blockchain transmission, that empowers users to effortlessly swap funds over other platforms.
LEO has been standing tough against the tremors in the industry, with relatively fewer downswings. The industry’s mid-June tremors caused by Terra’s LUNA and UST flash crashes didn’t seem to affect Bitfinex’s native cryptocurrency.
Will LEO maintain its upward momentum or would it give in to overall market circumstances? This LEO price prediction covers a detailed price forecast to assist you in making an educated decision. Follow the article until the end to decrypt the virtual coin’s likely target prices for 2022 and beyond!
Overview
| Cryptocurrency | UNUS SED LEO |
| Token | LEO |
| Price | $5.38 |
| Market cap | $5,135,249,724 |
| Circulating Supply | 953,954,130.00 LEO |
| Trading Volume | $3,135,077 |
| All-Time high | $8.04 (08th February 2022) |
| All-Time low | $0.8036 (25th December 2019) |
*The statistics are from press time.
UNUS SED LEO Price Prediction
| Year | Potential Low | Average Price | Potential High |
| 2022 | $5.951 | $6.559 | $7.094 |
| 2023 | $6.821 | $8.9914 | $10.978 |
| 2024 | $9.6305 | $12.492 | $15.026 |
| 2025 | $13.035 | $17.379 | $22.294 |
UNUS SED LEO Price Prediction For 2022
The LEO coin has so far seen a tumultuous year. LEO had increased, hitting an all-time high of $8.04 on February 8th. This was when the overall cryptocurrency market had been steadily declining. It was on the 5th of March when the cost dropped and hit $5.34.
By the end of March, the coin was seen trading at about $5.08. In the second quarter of the year, LEO struggled, to sustain against the turbulence. The industry’s state of disarray had a significant impact on LEO’s price. The price zig-zagged around the $5 price mark for April and later in May it further plummeted to $4.9 by the 16th.
The price jumped to $5 again later in May. From there the coin bounced from $4 – $5 back and forth. Successively, the cryptocurrency is still down over 52% from the annual high and is presently changing hands at $5.38.
LEO Price Prediction For Q3
In June 2022, Bitfinex unveiled a merchant panel. An integrated tool designed to provide comprehensive information and capabilities for administering a trader’s digital gateway. This new feature strives to deliver better accessibility to the platform users which might shoot up its maximum price to reach $6.2515.
A possible market crash and unfavourable criticism might drive the price as low as $5.305 in the third quarter. However, an equilibrium in buying and selling pressures might land the average trading price at $5.764.
LEO Price Forecast For Q4
The LEO asset is a virtual currency developed to provide users with the powerpack of the simplicity of borrowing, lending, and trading. Without being worried about the hassle of paying exorbitant fees. This might turn around the market for the coin in the last quarter. That being said, its maximum price could land at $70.94.
On the other hand, the price may drop to $5.951 if the bears outnumber the bulls. Besides, constrained by a linear momentum, the average price might land at $6.559.
UNUS SED LEO Price Forecast For 2023
UNUS SED LEO is emerging as an ideal investment for the long term. The composition of addresses justifies the same. Successively, according to Into The Block, the percentage of hodlers has risen steadily since mid of 2020. The count of hodlers presently stands at 73.43%, in contrast to cruisers at 20.93%, and traders at 5.61%. Conversely, The team is expected to bring in some valuable upgrades which hold the potential to further drive the price to $10.978.
In contrast, if the bears take over the industry due to some prevalent factors like negative criticism the price might limit to $6.821. That being said, the expected average trading price is expected to be around $8.9914.
Price Prediction Of LEO For 2024
By being consistently dependable and easily accessible, LEO will keep on improving investors’ liquidity rates. This will eventually aid in constantly increasing demands from investors as the awareness of cryptocurrency builds up. Furthermore, it might lead LEO to cross its previous high to reach $15.026.
On the other hand, factors including rising inflation rates and regulatory restrictions might limit the cost to $9.6305. That said, the altcoin may reach an average of $12.492 if the buying and selling pressures are in equilibrium.
LEO Price Prediction For 2025
The transparency initiative will be strengthened so that the crypto community can keep track of its development. And ensure that it is accomplishing its aims. This will eventually boost the trust in the community and will also bring up LEO’s user base. As a result of which, the altcoin might land at its highest price at $22.294.
Bullish patterns, however, might not always be disregarded, and by 2025, the minimum price might trade at $13.035. With the bullish and bearish targets in mind, the regular price might reach $17.379.
What Does The Market Say?
Wallet Investor
According to Wallet Investor’s UNUS SED LEO price prediction. The digital asset might soar to a pricier tag of $7.177 by the end of 2022. While reversal in trends is believed to limit the price to $6.339. The average price is anticipated to brush levels of $6.761. The analysts believe that LEO might propel as high as $19.290 by the annual closure of 2025.
Priceprediction.net
The prediction website expects LEO to close the current year with its potential high of $7.4. The firm has set the minimum and average targets for the year at $6.34 and $6.55. Successively, the analysts have pinned the maximum closing targets for 2023 and 2025 at $10.88 and $22.47.
Gov.Capital
As per Gov Capital’s LEO price prediction. The cost of the digital token might surge to a maximum of $7.892 by the year-end. The company foresees the crypto asset to propel to its maximum of $34.447 by the end of 2025.
Click here to read our price prediction for Gala!
What Is LEO?
LEO is the native cryptocurrency of iFinex – the parent group of the cryptocurrency exchange firm Bifinex. It is a utility coin designed to refund user assets. The cryptocurrency was launched in the May of 2019. When Bitfinex had held a private auction of all outstanding UNUS SED LEO coins worth $1 billion in the Tether stablecoin.
The asset was created using a buyback and burn mechanism. Unless there is no more circulating supply, iFinex will progressively purchase LEO back again from the industry. Owners of LEO tokens are eligible for exclusive perks on the Bitfinex exchange. Such as reducer taker and lender fees as well as discounts on fees for withdrawals in dollars and cryptocurrencies.
Fundamental Analysis
UNUS SED LEO being consistently trustworthy and easily accessible improves clients’ liquidity. The constant growth of the market from investors has been satisfied by LEO, the native token of UNUS SED LEO. It is aimed at empowering the customer, whether they are traders or investors, by utilizing their innate abilities.
On a cryptocurrency exchange like Coinbase or Coinmama, LEO tokens can be purchased with a credit card or debit card. Before one could even purchase, one must first create the LEO-Token wallet (an account) and get it authorized. Because UNUS SED LEO is fungible, its owners are free to manage their own money without the involvement of a third party or middleman.
Our LEO Price Prediction
A long list of updates and events waiting in the wings gives the Bitfinex platform an ace card. According to CoinPedia’s formulated UNUS SED LEO price prediction. By the end of 2022, LEO could hit a maximum of $7.07 if this upward trend holds.
However, factors like the stout dominance of bears and regulatory clashes could haunt the price down to $6. That said, considering the bullish and bearish targets the average price might find a place at $6.5.
Historical Market Sentiments
2019
- The LEO token went live in the month of May, the digital asset had manifested a rise from $1.09 on May 23rd to $1.97 by 12th June.
- Thereafter, the digital asset fell prey to the bears and managed to conclude the year at $0.81.
2020
- The price followed a linear trajectory at around $1, for the entire year with no major ups and downs.
2021
- The overall crypto market began to rise in 2021, and a number of coins, notably BTC and ETH, hit record highs.
- The price action of the LEO turned positive and shot up from $1.35 on January 1st to $3.89 by May 12th.
- On November 13th, LEO dropped to $2.79, and it ended the year at $3.76.
To read our price prediction of Oasis Network (ROSE) click here!
FAQs
A: The iFinex network is home to the utility coin UNUS SED LEO. This odd-name word is derived from a Latin quotation from a story by Aesop.
A: In the cryptocurrency industry, LEO is among the active virtual currencies. Its value could increase if lending and saving protocols gain greater traction.
A: The altcoin’s price might surge as high as $10.978 by the end of 2023.
A: According to our UNUS SED LEO price prediction, the digital asset might hit a maximum of $22.294 by the end of 2025.
A: Major cryptocurrency exchanges including the Bitfinex trading platform, Gate.io, OKEx, and others offer UNUS SED LEO.
Source: https://coinpedia.org/price-prediction/unus-sed-leo-price-prediction/