Review on UNUS SED LEO by Mehdi hazni
LEO - Token of bitfinex exchange
Bitfinex is one of the most reputable and popular cryptocurrencies. The unus sed leo project with LEO currency is actually a token provided by this exchange, the purpose of which is to provide a budget deficit, and about $ 1 billion of this currency was sold in the ICO. But I think it is a violation to offer a token for a budget deficit, and if that supplier needs money, how does it want to support the token it has offered?
Price and chart analysis: In the daily chart and btc pair, the trend line and support seem to be broken, so in my opinion it is not suitable for buying at the moment. The current price is around 11,500 Satoshi, which, as I have shown in the chart, gives the probability that the decline will continue until about 7500 Satoshi and then we will see at least one pullback.
Pros
- Highly welcomed at ICO
Cons
- The trend line and support is broken and currently not suitable for purchase
- It has been said that it has been offered to cover the budget deficit, which is not good in my opinion
