Biconomy (BICO) Market Cap Hits $320.53 Million

Biconomy (BICO) traded 4.3% lower against the U.S. dollar during the twenty-four hour period ending at 22:00 PM Eastern on May 7th. One Biconomy token can now be bought for approximately $0.44 or 0.00000707 BTC on major cryptocurrency exchanges. Biconomy has a total market capitalization of $320.53 million and approximately $6.49 million worth of Biconomy was traded on exchanges in the last 24 hours. In the last seven days, Biconomy has traded 3.2% higher against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded down 0.4% against the dollar and now trades at $0.30 or 0.00000476 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 2.2% against the dollar and now trades at $0.0101 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 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 722,758,758 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%.”

Biconomy Token Trading

It is usually not presently 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 Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Biconomy using one of the exchanges listed above.

BICO/USD price chart by TradingView