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LEO Token (LEO)
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LEO Token To USD
What is LEO Token?
UNUS SED LEO, referred to as LEO on exchanges, is a relatively new cryptocurrency token launched to expand the services and user abilities of iFinex, the parent company of the Bitfinix exchange. Bitfinex launched in 2012, making it one of the oldest active cryptocurrency exchanges. Bitfinex collected $1 billion during LEO’s initial exchange.
iFinex created 1 billion LEO tokens, consisting of 340 million EOS-based tokens and 660 million Ethereum-based tokens. When LEO launched, it was immediately ranked among the top fifteen coins and one of the largest by market cap.
In addition to offering trading discounts to LEO holders, the cryptocurrency can be easily converted between EOS and Ethereum protocols, with Bitfinex acting as a bridge. For example, a user can deposit one EOS-based LEO token and exchange it for one ERC-20 LEO token because the price of both tokens is always the same. Bitfinex bridges the chains by adjusting the issuances once the conversion process has been completed.
Among the benefits of holding LEO, users can participate indirectly in Ifinex profit-sharing during “buyback periods” since Ifinex occasionally brings tokens back and then burns them, lowering the overall supply. Users can also easily contribute to the development of projects based on blockchain interoperability and are offered the ability to access wide options when it comes to trade pairings without the need to buy or sell EOS or ETH on an exchange.
Bitfinex’s parent company, Ifinex, has exchanges that already include the EOS-based and ERC-20 LEO token, and it is intended to rapidly become a fundamental component of these exchanges as well. Outside of empowering the Bitfinex community, work continues to increase the overall utility of the currency, including increasing the benefits of token fees and increasing the price of the token consistently through a “profit burn mechanism.”
LEO Token Market Price Ticker Chart
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LEO Token Frequenty Asked Questions
Where does LEO Token (LEO) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, LEO Token currently ranks in position 45 out of the top 1000 cryptocurrencies. Another important factor in popularity is LEO Token‘s market capitalization – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. LEO Token has a market cap of $ 1,887,052,811, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 895,482,150,889, Litecoin at $ 11,548,462,541, Ethereum at $ 176,509,618,384, Tether at $ 34,673,859,046, and XRP at $ 21,442,670,501.
What is the price of LEO Token (LEO) today (updated in realtime)?
The current price of LEO Token is $ 1.97 in USD. (The price in Euros is 1,63 €; and the price in Bitcoin is Ƀ 0.00004100 BTC.)
How has LEO Token (LEO) performed recently?
LEO Token‘s price has increased in the last 24 hours by 7.08%. The change in price over the last seven days was 33.41%. The trading volume over the last 24 hours was $ 23,102,325. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds, and it is considered a good indicator of popular interest in the currency.
What is LEO Token‘s (LEO) market supply?
The total circulating (available) supply of LEO Token is 961,810,778 LEO. The total supply of LEO Token is 985,239,504 LEO.
What is the 24 hour volume for LEO Token (LEO)?
The 24 hour volume of LEO Token is $ 23,102,325.
What is LEO Token (LEO) official website?
LEO Token‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
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