Biconomy Achieves Market Cap of $186.28 Million (BICO)

Biconomy (BICO) traded down 1.3% against the U.S. dollar during the twenty-four hour period ending at 16:00 PM Eastern on October 15th. One Biconomy token can now be purchased for $0.22 or 0.00000325 BTC on exchanges. Biconomy has a market capitalization of $186.28 million and $10.34 million worth of Biconomy was traded on exchanges in the last 24 hours. Over the last seven days, Biconomy has traded 5.2% higher against the U.S. dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• 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 11.6% lower against the dollar and now trades at $0.0457 or 0.00000068 BTC.
• P2P Solutions foundation (P2PS) traded 0.9% lower against the dollar and now trades at $167.94 or 0.00250667 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 854,778,096 tokens. The official website for Biconomy is biconomy.io. The official message board for Biconomy is medium.com/biconomy. 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 U.S. dollars. Investors seeking to trade Biconomy should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Biconomy using one of the aforementioned exchanges.

BICO/USD price chart by TradingView