Biconomy (BICO) Hits Market Capitalization of $193.66 Million

Biconomy (BICO) traded up 0.3% against the US dollar during the 1 day period ending at 17:00 PM ET on October 31st. One Biconomy token can currently be purchased for about $0.22 or 0.00000318 BTC on popular exchanges. Over the last week, Biconomy has traded 10.8% higher against the US dollar. Biconomy has a market capitalization of $193.66 million and approximately $50.02 million worth of Biconomy was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over 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 2.2% lower 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.
  • SolvBTC.BBN (SOLVBTC.BB) traded 3.4% lower against the dollar and now trades at $69,982.62 or 0.99968114 BTC.
  • SolvBTC (SOLVBTC) traded down 3.7% against the dollar and now trades at $69,830.28 or 0.99750499 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Biconomy Profile

Biconomy was first traded on December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 870,077,085 tokens. The official website for Biconomy is biconomy.io. Biconomy’s official message board 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%.”

Biconomy Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Biconomy directly using U.S. dollars. Investors seeking to trade Biconomy should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Biconomy using one of the exchanges listed above.

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