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Size. Most visible Leonids are between 1 mm and 1 cm in diameter. For example, a Leonid meteor of magnitude +5, which is barely visible with the naked eye in a dark sky, is caused by a meteoroid of 0.5 mm in diameter and weights only 0.00006 gram.
Speed.That tiny particle can cause a light so bright that it can be seen over distances of hundreds of kilometers. The reason is the astronomical speed of the meteoroids. Just before they enter the Earth's atmosphere, Leonid meteoroids travel at 71 kilometers per second, or some 2,663 times as fast as a fast pitch in baseball, or, if you want, around the Earth in 3.8 minutes!
Colors of meteors. The color of many Leonids is caused by light emitted from metal atoms from the meteoroid (blue, green, and yellow) and light emitted by atoms and molecules of the air (red). The metal atoms emit light much like in our sodium discharge lamps: sodium (Na) atoms give an orange-yellow light, iron (Fe) atoms a yellow light, magnesium (Mg) a blue-green light, ionized calcium (Ca+) atoms may add a violet hue, while molecules of atmospheric nitrogen (N2) and oxygen atoms (O) give a red light. The meteor color depends on whether the metal atom emissions or the air plasma emissions dominate.
Originally posted by mikesingh
This object most likely was part of the annual Leonid showers that strike Earth.