Biconomy Trading 26% Higher Over Last Week (BICO)

Biconomy (BICO) traded up 9.4% against the dollar during the 24-hour period ending at 19:00 PM ET on November 1st. One Biconomy token can now be purchased for $0.24 or 0.00000351 BTC on major exchanges. Biconomy has a market cap of $212.23 million and $43.85 million worth of Biconomy was traded on exchanges in the last 24 hours. In the last seven days, Biconomy has traded 26% higher against the dollar.

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

• 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 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.4% lower against the dollar and now trades at $69,290.93 or 0.99901133 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.4% against the dollar and now trades at $69,250.69 or 0.99843123 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Biconomy Profile

Biconomy launched on December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 870,600,150 tokens. Biconomy’s official Twitter account is @biconomy and its Facebook page is accessible here. The official website for Biconomy is biconomy.io. Biconomy’s official message board 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 buy alternative cryptocurrencies such as Biconomy directly using U.S. dollars. Investors seeking to trade Biconomy should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Biconomy using one of the aforementioned exchanges.

BICO/USD price chart by TradingView