Biconomy (BICO) Market Cap Reaches $262.44 Million

Biconomy (BICO) traded down 7.5% against the US dollar during the one day period ending at 21:00 PM Eastern on July 18th. Over the last week, Biconomy has traded up 14.8% against the US dollar. One Biconomy token can now be bought for about $0.33 or 0.00000522 BTC on popular exchanges. Biconomy has a market capitalization of $262.44 million and $15.91 million worth of Biconomy was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 2.4% against the dollar and now trades at $0.20 or 0.00000309 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.
• Jeff in Space (JEFF) traded 2.2% lower 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 $0.0129 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Biconomy Token Profile

Biconomy was first traded on December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 789,580,695 tokens. Biconomy’s official message board is medium.com/biconomy. The official website for Biconomy is biconomy.io. Biconomy’s official Twitter account is @biconomy and its Facebook page is accessible here.

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 presently possible to buy alternative cryptocurrencies such as Biconomy directly using US dollars. Investors seeking to acquire Biconomy should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Biconomy using one of the aforementioned exchanges.

BICO/USD price chart by TradingView