Biconomy Reaches Market Capitalization of $282.92 Million (BICO)

Biconomy (BICO) traded up 2.7% against the U.S. dollar during the 1 day period ending at 21:00 PM ET on June 20th. One Biconomy token can now be bought for $0.39 or 0.00000603 BTC on popular cryptocurrency exchanges. During the last week, Biconomy has traded down 23.3% against the U.S. dollar. Biconomy has a total market cap of $282.92 million and approximately $8.92 million worth of Biconomy was traded on exchanges in the last day.

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

  • KILT Protocol (KILT) traded 3.1% lower against the dollar and now trades at $0.21 or 0.00000327 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 2.2% lower 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 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 up 0.8% against the dollar and now trades at $0.0105 or 0.00000016 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 722,758,758 tokens. The official website for Biconomy 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 U.S. dollars. Investors seeking to trade Biconomy should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Biconomy using one of the aforementioned exchanges.

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