Biconomy Price Up 11% This Week (BICO)

Biconomy (BICO) traded 0.8% higher against the dollar during the 24 hour period ending at 21:00 PM Eastern on August 24th. One Biconomy token can now be bought for approximately $0.28 or 0.00000428 BTC on popular cryptocurrency exchanges. Biconomy has a total market cap of $228.72 million and $8.48 million worth of Biconomy was traded on exchanges in the last day. During the last seven days, Biconomy has traded 11% higher against the dollar.

Here is how other cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 11% against the dollar and now trades at $0.0596 or 0.00000093 BTC.
• P2P Solutions foundation (P2PS) traded 0.4% higher against the dollar and now trades at $158.61 or 0.00246432 BTC.

Biconomy Token Profile

Biconomy’s genesis date was December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 830,301,435 tokens. Biconomy’s official Twitter account is @biconomy and its Facebook page is accessible here. The official message board for Biconomy is medium.com/biconomy. Biconomy’s official website 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%.”

Biconomy Token Trading

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 Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Biconomy using one of the aforementioned exchanges.

BICO/USD price chart by TradingView