2021-10-8 16:40 |
In this guide, we will voice our own and market’s opinion on LEO future while discussing UNUS SED LEO price forecast for 2022 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like UNUS SED LEO.
Now, let’s head into it. Before we delve deep into the UNUS SED LEO price prediction and answer questions if LEO is a good investment or not, why will LEO succeed or fail or why will UNUS SED LEO price rise or drop, let’s quickly throw a glance at what is LEO and its to date history.
UNUS SED LEO (LEO) is a token designed to extend the capabilities of all platform users and services to iFinex, the parent company of Bitfinex. Such a decision should help to cope with the crisis that arose after the accusations against the trading platform about the illegal use of Tether cryptocurrency cash.
The Bitfinex LEO token is used to reduce trading and lending fees throughout the expanding iFinex ecosystem, which now includes product offerings such as the “Hodl Hodl” decentralized exchange (DEX).
UNUS SED LEO tokens were released in May 2019, and there were 1 billion created, with 66% on the Ethereum blockchain and 34% on the EOS blockchain. Bitfinex uses 27% of the transaction fees it collects to purchase and burn the tokens, and eventually will burn all of them. That’s quite different from nearly every other cryptocurrency in that UNUS SED LEO was created with specific plans to eventually cease to exist.
UNUS SED LEO UtilityThe UNUS SED LEO token was created with three primary functions in mind:
replenishing the Bitfinex budget;expanding opportunities for service customers;iFinex ecosystem development. LEO Price Prediction For The Next 90 Days The whole crypto market is currently on the verge of a real bull run. There is no broader consensus as crypto analysts are divided as some of them are still calling this market a bull trap. Others, lead by famous on-chain experts like Will Clemente and Willy Woo, are calling this a preparation stage for a face-melting bull run. As always, bitcoin has the final say and altcoins will follow suit once the flag bearer decides the direction. Right now, Bitcoin is sucking the life out of altcoins but once it settles in the new price range, altcoins will start to pump - we have witnessed this scenario dozens of times in the distanced and more recent history. Our price prediction model is bullish for the next 90 days with a hint of a bear market at the turn of the year. We expect whales and other bigger players in the market to take their profits around that time which will cause a typical and sudden crypto crash. CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.Below is a tabular overview of how will LEO develop in the short-term (for the next 90 days), according to our prediction model:
Quick reminder for crypto newcomers
Essential tools you need to succeed in crypto are a good exchange, safe hardware wallet and a reliable crypto tax tool.
If you plan to be a day trader, then a good charting tool and efficient trading bot are also a must.
If you plan to …
Essential tools you need to succeed in crypto are a good exchange, safe hardware wallet and a reliable crypto tax tool.
If you plan to be a day trader, then a good charting tool and efficient trading bot are also a must.
If you plan to be a holder, then why not put that crypto to work by borrowing it out on crypto lending platforms.
Below are our recommendations:
Exchange: Binance for highest liquidity and coin choice. Gate.io & KuCoin for gem hunters. ByBit for leveraged trading (Margex for really crazy leverages).
Safe hardware wallet: Ledger Nano X, Trezor or CoolWallet Pro.
Tax Tool: Koinly, Cointracking or ZenLedger.
Charting tools & bots: Bitsgap, Coinrule or Cryptohopper.
Lending platforms: BlockFi (for US residents), YouHodler (for EU and rest of the world).
Our prediction model sees a temporary switch to a bear market at the beginning of 2022 before we move onto another leg up in Q3 & Q4 of 2022.
LEO Price Prediction 2025 – 2030 – 2040Our prediction model sees LEO floating around the current levels in 2025:
$ 4.19LEO price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.
Read also:
Maker Price Prediction Arweave Price PredictionAmp Price PredictionTHORChain Price PredictionCelo Price PredictionVoyager Token Price PredictionCompound Coin Price PredictionAudius Price PredictionTheta Price PredictionPancakeSwap Price PredictionThe post UNUS SED LEO Price Prediction 2022 – 2025 – 2030 | LEO Price Forecast appeared first on CaptainAltcoin.
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