Biconomy Market Cap Hits $147.99 Million (BICO)

Biconomy (BICO) traded down 7.8% against the U.S. dollar during the 24-hour period ending at 12:00 PM ET on February 6th. Biconomy has a market cap of $147.99 million and approximately $11.65 million worth of Biconomy was traded on exchanges in the last day. Over the last seven days, Biconomy has traded 35.7% lower against the U.S. dollar. One Biconomy token can now be purchased for $0.16 or 0.00000165 BTC on major cryptocurrency exchanges.

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

• GMX (GMX) traded 0.4% lower against the dollar and now trades at $16.97 or 0.00017564 BTC.
• 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 1.3% against the dollar and now trades at $96,632.63 or 1.00015247 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.1% against the dollar and now trades at $96,465.56 or 0.99842327 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Biconomy Profile

Biconomy’s genesis date was December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 926,505,410 tokens. Biconomy’s official website is biconomy.io. Biconomy’s official Twitter account is @biconomy and its Facebook page is accessible here. The official message board for Biconomy 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%.”

Buying and Selling Biconomy

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

BICO/USD price chart by TradingView