Biconomy Market Capitalization Achieves $164.86 Million (BICO)

Biconomy (BICO) traded down 2.3% against the US dollar during the one day period ending at 11:00 AM Eastern on February 22nd. One Biconomy token can now be bought for approximately $0.18 or 0.00000183 BTC on major cryptocurrency exchanges. During the last week, Biconomy has traded up 0.4% against the US dollar. Biconomy has a market cap of $164.86 million and $12.04 million worth of Biconomy was traded on exchanges in the last day.

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

• Taiko (TAIKO) traded down 0.2% against the dollar and now trades at $1.05 or 0.00001084 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 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 down 1.5% against the dollar and now trades at $96,526.02 or 0.99800547 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% lower against the dollar and now trades at $96,009.81 or 0.99266832 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Biconomy

Biconomy was first traded on December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 930,948,539 tokens. Biconomy’s official Twitter account is @biconomy and its Facebook page is accessible here. Biconomy’s official message board is medium.com/biconomy. Biconomy’s official website is biconomy.io.

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 purchase alternative cryptocurrencies such as Biconomy directly using U.S. dollars. Investors seeking to acquire Biconomy should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Biconomy using one of the aforementioned exchanges.

BICO/USD price chart by TradingView