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According to Wikipedia [1], LEO is up to 2000km, though e.g. the ISS is at about 400km; geostationary orbit is 35,768 km. Minimum difference in orbital length is 2 pi times 33,768km.

So the obvious case for geostationary orbits is significantly better than for LEO.

Nevertheless, LEO isn't bad. A height of 400 km translates into a circle of about 42,655 km (orbital length of ISS according to NASA). That is enough to park several satellites in without them being parked bumper to bumper.

[1] https://en.m.wikipedia.org/wiki/List_of_orbits



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