Biconomy (BICO) Market Cap Reaches $269.71 Million

Biconomy (BICO) traded 3.4% lower against the dollar during the 1-day period ending at 20:00 PM ET on July 1st. One Biconomy token can now be purchased for approximately $0.37 or 0.00000594 BTC on popular exchanges. During the last seven days, Biconomy has traded 0.9% lower against the dollar. Biconomy has a market cap of $269.71 million and $5.25 million worth of Biconomy was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 3.3% higher against the dollar and now trades at $0.21 or 0.00000339 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 2.2% lower 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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.
• Lumi Credits (LUMI) traded 3% higher against the dollar and now trades at $0.0118 or 0.00000019 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Biconomy Token Profile

Biconomy’s genesis date was December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 722,758,758 tokens. The official website for Biconomy 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%.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Biconomy using one of the exchanges listed above.

BICO/USD price chart by TradingView