Biconomy (BICO) Market Cap Reaches $190.96 Million

Biconomy (BICO) traded up 9% against the U.S. dollar during the one day period ending at 9:00 AM Eastern on October 31st. Biconomy has a market cap of $190.96 million and $45.06 million worth of Biconomy was traded on exchanges in the last 24 hours. During the last seven days, Biconomy has traded up 10.4% against the U.S. dollar. One Biconomy token can currently be bought for about $0.22 or 0.00000307 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• 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 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.3% against the dollar and now trades at $72,001.57 or 1.00835812 BTC.
• SolvBTC (SOLVBTC) traded 0% higher against the dollar and now trades at $71,880.94 or 1.00666877 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 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 870,047,328 tokens. The official message board for Biconomy is medium.com/biconomy. Biconomy’s official website is biconomy.io. 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 buy alternative cryptocurrencies such as Biconomy directly using US dollars. Investors seeking to trade Biconomy should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. 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