The newly launched LEO token on Bitfinex is trying to make its presence felt, after rising by 30% in the past week. CoinGecko trading data showed the token going as high as $1.96, up from recent lows around $1.54.
LEO is one of the more closely watched tokens, as Bitfinex skeptics see it as a way to collateralize the exchange’s missing assets. Bitfinex reportedly lost access to $850 million of its funds, after Crypto Capital, its banking provider, faced an international investigation for unauthorized banking services.
The most recent price spike f...