Biconomy Market Capitalization Tops $164.05 Million (BICO)

Biconomy (BICO) traded 2.3% higher against the dollar during the 1-day period ending at 12:00 PM Eastern on February 10th. During the last week, Biconomy has traded 2.5% lower against the dollar. One Biconomy token can now be bought for approximately $0.18 or 0.00000182 BTC on exchanges. Biconomy has a market cap of $164.05 million and $16.56 million worth of Biconomy was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• GMX (GMX) traded up 6.9% against the dollar and now trades at $24.31 or 0.00024975 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.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• SolvBTC (SOLVBTC) traded up 0.7% against the dollar and now trades at $96,988.73 or 0.99645971 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 6.3% against the dollar and now trades at $93,864.71 or 0.96436353 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 927,617,689 tokens. Biconomy’s official Twitter account is @biconomy and its Facebook page is accessible here. The official website for Biconomy is biconomy.io. Biconomy’s official message board is medium.com/biconomy.

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 currently possible to buy alternative cryptocurrencies such as Biconomy directly using U.S. dollars. Investors seeking to trade Biconomy should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. 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