Biconomy Reaches Market Capitalization of $354.77 Million (BICO)

Biconomy (BICO) traded down 1.9% against the U.S. dollar during the 1-day period ending at 10:00 AM Eastern on April 17th. Biconomy has a total market capitalization of $354.77 million and $15.88 million worth of Biconomy was traded on exchanges in the last 24 hours. One Biconomy token can now be purchased for approximately $0.49 or 0.00000790 BTC on exchanges. During the last seven days, Biconomy has traded down 32.9% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 4% lower against the dollar and now trades at $0.33 or 0.00000525 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 down 2.2% 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 up 1.2% 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 1.7% higher against the dollar and now trades at $0.0087 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Biconomy Profile

Biconomy was first traded on December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 721,956,684 tokens. Biconomy’s official Twitter account is @biconomy and its Facebook page is accessible here. Biconomy’s official message board is medium.com/biconomy. 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 purchase alternative cryptocurrencies such as Biconomy directly using US dollars. Investors seeking to trade Biconomy should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Biconomy using one of the exchanges listed above.

BICO/USD price chart by TradingView