Biconomy (BICO) Market Cap Reaches $174.29 Million

Biconomy (BICO) traded 3.7% higher against the US dollar during the 1-day period ending at 22:00 PM E.T. on September 4th. One Biconomy token can currently be bought for about $0.21 or 0.00000358 BTC on popular exchanges. In the last seven days, Biconomy has traded down 8.9% against the US dollar. Biconomy has a market capitalization of $174.29 million and approximately $5.20 million worth of Biconomy was traded on exchanges in the last day.

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

• Taiko (TAIKO) traded up 4% against the dollar and now trades at $1.41 or 0.00002434 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 1% lower against the dollar and now trades at $0.0501 or 0.00000086 BTC.

About Biconomy

Biconomy’s launch date was December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 843,984,893 tokens. Biconomy’s official website is biconomy.io. The official message board for Biconomy is medium.com/biconomy. 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%.”

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, Gemini or Coinbase. 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