Biconomy Achieves Market Capitalization of $377.06 Million (BICO)

Biconomy (BICO) traded down 5.8% against the US dollar during the 24-hour period ending at 17:00 PM Eastern on April 24th. Biconomy has a market capitalization of $377.06 million and approximately $14.68 million worth of Biconomy was traded on exchanges in the last day. One Biconomy token can currently be purchased for approximately $0.52 or 0.00000815 BTC on cryptocurrency exchanges. Over the last seven days, Biconomy has traded up 2.5% against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 5.3% lower against the dollar and now trades at $0.31 or 0.00000492 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.5% against the dollar and now trades at $0.0090 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Biconomy Token Profile

Biconomy’s launch date was December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 722,758,758 tokens. The official message board for Biconomy is medium.com/biconomy. Biconomy’s official Twitter account is @biconomy and its Facebook page is accessible here. The official website for Biconomy is biconomy.io.

According to CryptoCompare, “Biconomy is a multichain relayer protocol that aims to improve the user experience of decentralized applications (DApps) by reducing the complexity and cost associated with transactions on web3 products. Biconomy offers an infrastructure that allows protocols to onboard users without paying gas fees, users can pay gas in an ERC-20 token of their choice, avoid blockchain complexities like a change of network, and transactions are confirmed much faster. Biconomy uses meta transactions to achieve these goals, enabling users to submit transactions with zero gas and having a third party pay for the transaction fees. This approach can reduce gas costs by up to 40%.”

Buying and Selling Biconomy

It is usually not possible to buy alternative cryptocurrencies such as Biconomy directly using US dollars. Investors seeking to trade Biconomy should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Biconomy using one of the exchanges listed above.

BICO/USD price chart by TradingView