As of the provided data, 1 LEO Token (LEO) is approximately equivalent to 9.06 US Dollars (USD). LEO Token is a cryptocurrency designed to empower the iFinex ecosystem, the parent company of Bitfinex and Ethfinex.
Understanding the value of LEO in USD is crucial for traders, investors, and anyone looking to understand its market performance. The price of cryptocurrencies like LEO is constantly fluctuating based on market demand, supply, and other economic factors.
LEO to USD Conversion Rates
The following table provides a snapshot of various LEO to USD conversions based on the reference data:
LEO Token (LEO) | US Dollar (USD) |
---|---|
0.01 LEO | 0.090586 USD |
0.1 LEO | 0.905858 USD |
1 LEO | 9.06 USD |
2 LEO | 18.12 USD |
Note: These values are based on the provided reference and reflect a specific point in time. Cryptocurrency prices are highly volatile.
What Influences LEO Token's Value?
Several factors can impact the exchange rate of LEO Token to the US Dollar:
- Market Demand and Supply: High demand and limited supply can drive the price up, while low demand and high supply can cause it to fall.
- Utility within iFinex Ecosystem: LEO tokens offer benefits like trading fee discounts on Bitfinex, which creates intrinsic demand.
- Overall Cryptocurrency Market Trends: The broader performance of the crypto market, including Bitcoin's movements, often influences altcoins like LEO.
- Regulatory News: News related to cryptocurrency regulations in major markets can affect investor sentiment.
- Project Developments: Updates, partnerships, and new features introduced by the iFinex team can influence LEO's perceived value.
Staying Updated on LEO to USD Exchange Rates
For the most current and real-time conversion rates of LEO to USD, it is always recommended to refer to reliable cryptocurrency data platforms. These platforms provide live pricing, charts, and historical data, allowing users to track market movements accurately.
- You can monitor the live price of LEO Token against the US Dollar on platforms like CoinGecko.