Biconomy (BICO) Achieves Market Cap of $174.04 Million

Biconomy (BICO) traded 2.3% lower against the U.S. dollar during the one day period ending at 0:00 AM Eastern on October 5th. During the last week, Biconomy has traded 19% lower against the U.S. dollar. Biconomy has a total market capitalization of $174.04 million and $4.10 million worth of Biconomy was traded on exchanges in the last day. One Biconomy token can now be purchased for $0.20 or 0.00000330 BTC on popular exchanges.

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

• 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 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 5.2% against the dollar and now trades at $0.0397 or 0.00000064 BTC.
• P2P Solutions foundation (P2PS) traded up 0.7% against the dollar and now trades at $156.25 or 0.00252294 BTC.

Biconomy Profile

Biconomy launched on December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 851,338,839 tokens. Biconomy’s official website 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 possible to buy alternative cryptocurrencies such as Biconomy directly using US dollars. Investors seeking to acquire Biconomy should first buy Bitcoin or Ethereum using an exchange that deals in US 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