Biconomy (BICO) Price Down 6.4% Over Last Week

Biconomy (BICO) traded down 7.4% against the U.S. dollar during the 1-day period ending at 21:00 PM E.T. on February 18th. Biconomy has a market capitalization of $154.23 million and approximately $12.78 million worth of Biconomy was traded on exchanges in the last day. One Biconomy token can now be bought for about $0.17 or 0.00000174 BTC on cryptocurrency exchanges. In the last week, Biconomy has traded 6.4% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last day:

• 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.8% against the dollar and now trades at $95,140.81 or 0.99697632 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.5% lower against the dollar and now trades at $94,644.40 or 0.99177446 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Biconomy Profile

Biconomy’s launch date was December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 929,946,441 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%.”

Biconomy Token Trading

It is usually not 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 GDAX, Gemini or Coinbase. 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