cryptonewsz.com
VeChain and Stellar, two of the most notable names in the crypto market, are now losing steam among investors.
While the coins started with strong price gains, 2023 saw the duo suffer from slow adoption. A major reason behind the sluggishness was the long crypto winter. However, the period also pushed investors to look for the next emerging altcoin in the market.
Enter UNUS SED LEO, the utility token at the core of the iFinex network. Launched back in May 2019, LEO thrives on propositions like a buyback program and limited supply.
Over the past few years, UNUS SED LEO has been integrated with several platforms. For example, platforms such as Ethfinex and Bitfinex are using the coin to power their ecosystems.
Given the LEO’s built-in burning mechanism in its tokenomics, the token boasts a reduced circulating supply. The artificial scarcity helps the coin experience gradual price hikes. What’s more, the crypto offers fee discounts based on the users’ LEO holdings.
Nevertheless, LEO remains committed to further developing the network, including features like margin trading, lending, and staking. As a result of iFinex’s extensive market experience, the UNUS SED LEO ecosystem is overflowing with leadership and a solid road map.
The coin has gained the confidence and trust of investors across the globe. Another major reason behind the coin’s growing user base is its market performance. UNUS SED LEO’s value has already increased by 8.76% in 2024.
The coin is currently trading at a steady $4 with a whopping daily trading volume of $1,580,959. Based on the market cap alone, LEO is ranked among the top 30 cryptocurrencies with $12,331,722,161.
According to the latest LEO coin price prediction, the coin is expected to breach the $9 mark in 2024. From there on, the coin is expected to hit the $11 mark in 2025, followed by the $45 mark by 2030.
Given the rapid expansion of both LEO and the cryptocurrency industry as a whole, LEO arises as a highly promising alternative coin for investors in cryptocurrencies.