coin image

Biconomy PriceBICO

187
Token
$0.39 5.39%
0.00000592 BTC4.77%0.000108 ETH4.24%

Low (24h)

$0.37

$0.40

Biconomy Price Today

187
Token
Market Cap
$280,847,001.82
Market Dominance
0.01%
Market Cap
$280,847,001.82
Market Dominance
0.01%
Fully Diluted Market Cap
$388,576,407.57
YTD (%)
-2.50%
Volume (24h)
$8,896,327.04
Volume / Market Cap
0.03168
Circulating Supply
722,758,758 BICO
Max Supply
-
Total Supply
722,758,758

BICO to USD

coin image BICO

1

BICO

=

USD

1h24h7d30d60d90d
-1.94%5.39%-27.40%-27.64% -29.73% -25.84%
1h24h7d30d60d90d
-1.94%5.39%-27.40%-27.64% -29.73% -25.84%





BICO to USD

coin image BICO

1

BICO

=

USD

Biconomy Risk Analysis

2

2

2

Biconomy (BICO) Markets


Biconomy Quarterly Returns

YearQ1Q2Q3Q4Total
2021----67.95%-67.95%
2022-64.80%-68.44%-17.29%-35.06%-94.03%
202342.36%-37.24%1.64%55.79%41.49%
202473.70%
Average17.09%-35.23%-5.22%6.91%-40.16%

What is Biconomy (BICO)?

Biconomy (BICO) is an Ethereum-based protocol that aims to connect users with any decentralized application across numerous platforms at low fees. BICO is a native token of Biconomy. BICO launched in the year 2021. 


 

Key Points:

  1. Biconomy came in 2018 as the first Indian company on the Coin list.
     
  2. Biconomy wants to work as a payment gateway for crypto transactions. 
     

Biconomy is a multi-chain, plug-and-play relayer protocol for Web 3.0 applications that manages transactions, handles gas payments, and provides a bridge for Web 3.0 applications. When users conduct transactions, they don't have to worry about network switching since the infrastructure is noncustodial. 

 

The Ethereum blockchain continues to be used by many Web 3.0 apps; however, all of this traffic has resulted in a congested Ethereum blockchain, which has significantly raised gas prices and forced developers to find alternate chains (such as SolanaPolkadotCardanoBinance Smart Chain, and others). To help users move funds between chains, secure bridging solutions will be necessary as Web3 becomes a multichain reality. 
 

By providing powerful and easy-to-use SDKs/APIs, Biconomy allows developers to create decentralized apps (DApps) without having to understand blockchain complexities - so end users can work on their apps without interference. As a result, developers are able to create seamless interactions between DApps and users. 
 

Biconomy's mission is to simplify the transaction experience for Web3 products to make them as intuitive and easy to use as legacy Web2 products. In order to drive mass adoption of decentralized projects, Biconomy hopes to solve key pain points at the crypto transaction layer. 


 

BICO has the following utilities

  • Governance
  • Network Fees
  • Stakeholder Incentive


 

Governance: Those who hold BICO tokens can vote and submit proposals that will help shape the project's future. A Governance committee will make decisions regarding the network's code, treasury funds, and the addition or removal of services.
 

Network Fees: The node operator can pay BICO transaction fees with any information written on the network. 
 

Stakeholder Incentives: Staking rewards (in BICO) will be paid to everyone on the network, from node operators to delegations. Crypto assets are also offered in exchange for liquidity provided by liquidity providers.


 

Liquidity Providers receive a portion of $BICO as compensation for their contribution to the liquidity pools. This is in addition to a small fee from the users accessing the liquidity pools. There are similarities between this model and popular DEXes, such as Pancakeswap.


 

How Biconomy Works?

Biconomy manages the layered infrastructure using "executors" and "validators." Executors handle relayer nodes and meta-transaction while validators keep securing the network by verifying the executor's transaction. 

 

Executors and gas fees relay transactions are paid to add them to the blockchain. In addition to reimbursement in the destination blockchain's native currency, each transaction includes a premium fee. Executors receive BICO tokens from Biconomy once validators verify the relayed transaction.


 

Importance of the BICO token

The BICO token, like many utility tokens, is traded on exchanges like WazirX even though it has a wider range of applications than a simple utility token. Cryptocurrency investors will be interested in tokens like BICO in the long run. Instead of investing in single tokens that might or might not survive, these investors invest in a company such as Biconomy that helps decentralized apps and finance over the long term. When writing, WazirX offers the token for trade in both INR and USD.


 

What Are BICO Tokens Used For?

The BICO token, like many utility tokens, is traded on exchanges like WazirX even though it has a wider range of applications than a simple utility token. Cryptocurrency investors will be interested in tokens like BICO in the long run. Instead of investing in single tokens that might or might not survive, these investors invest in a company such as Biconomy. This helps decentralize apps and finance over the long term. When writing, WazirX offers the token for trade in both INR and USD.


 

What Are BICO Tokens Used For?

BICO tokens can be used for the following: 


 

Network fees: Biconomy provides verification and settlement services across all supported blockchains and the network. For adding information to the chain, executors and validators pay BICO network fees. The amount of work that executors and validators perform on Biconomy determines their BICO earnings. 


 

Stakeholder incentives: All Biconomy's stakeholders, including validators, executors, delegators, and liquidity providers - are reimbursed with BICO for their services to Biconomy, and they earn rewards. 


 

Governance: Besides voting on protocol and governance issues, BICO token holders can suggest changes. The community evaluates every suggestion and implements it if it receives enough votes. 


 

Is BICO a Good Investment?

Even though Biconomy is far from the only project capitalizing on Web3 applications' increasing popularity, it has managed to carve out its niche in the market. 
 

At the beginning of December, BICO reached a record high of $21.87 after its launch in Q4 2021. Its value retraced after the initial hype subsided, and it failed to maintain that upward trajectory. The Biconomy team has still been busy announcing new products and partnerships. 

 

Bitcoin was listed on numerous large exchanges, including Coinbase and CoinList, at one time. This is a great time to invest in it since it is trading at bargain prices right now. In 2022, Biconomy plans to launch a multichain relayer protocol, improve gasless features, and integrate new chains, including SolanaFantom, and NEON



 

Biconomy (BICO) Token Metrics
 

Token Name:Biconomy
Ticker:BICO
24h Volume:$ 17.59 million ($ 17.59 million)
Market Cap:$ 52.34 million ($ 52,335,331)
Fully Diluted Market Cap:$ 489.30 million ($ 489,303,796)
Circulating Supply:106.93 million BICO (106,930,109.78 BICO)
Non-circulating Supply:-893.07 million BICO (-893,069,890.22 BICO)
Total Supply:1.00 billion BICO (1,000,000,000.00 BICO)
Ethereum Contract Address:0xf17e65822b568b3903685a7c9f496cf7656cc6c2
Issuance Blockchain:Ethereum (ETH)


 

Where is the Biconomy (BICO) coin available?

Biconomy (BICO) is available on a variety of cryptocurrency exchanges. The list of quick, secure, and easy exchanges as listed below. 

  • Binance
  • Coinbase Exchange
  • Gate.io
  • KuCoin
  • FTX
  • Kraken
  • Huobi Global


You can check the whole list of exchanges here to buy Biconomy (BICO).

How much is a one Biconomy worth now?

The current price of the Biconomy(BICO) is $0.39, with a current market cap $280,847,001.82.

What is the Biconomy stock symbol or ticker?

BICO is a ticker symbol of the Biconomy.

How many BICO coins are there in circulation?

At the movement,722.76M Biconomy tokens are already in the market out of 1B BICO.

How can I invest in Biconomy?

There are many options for buying crypto, and Biconomy can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Biconomy. It's a quick, easy, and secure way to buy Biconomy(BICO).

Is Biconomy a stablecoin?

No, It is not a stablecoin.

What was the lowest price for Biconomy?

Biconomy had an all-time low of $0.19.

What was the Highest price for Biconomy?

Biconomy had an all-time low of $0.19.

Can Biconomy be mined?

No, the Biconomy (BICO) coin cannot be mined.

Biconomy Price Prediction

The current Biconomy price is $0.39. In the last 24 hours, Biconomy price has gone up by 5.39%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Biconomy price prediction.

Portfolio Tracker

Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Biconomy at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.

Coin Converter

By exchanging BICO against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Biconomy can be earned or received in various ways. BICO considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the BICO, including BICO to PHP, BICO to INR, BICO to NGN, BICO to THB, BICO to CAD, BICO to PKR, BICO to IDR , BICO to EUR , BICO to AUD , BICO to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

Would you like to know how many cryptocurrencies 1 BICO is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like BICO to ZK, BICO to BTC, BICO to GEGE, BICO to NOT, BICO to BRISE, BICO to PEPE, BICO to BIAO, BICO to FET, BICO to SOL, BICO to ETH .

BICO Price Current Data

Biconomy price today is $0.39 USD, which is Up by 5.39% over the last 24 hours. There has been an hourly Dip by -1.94%. Biconomy's market cap currently sits at $280,847,001.82 USD, holding up for a market cap rank at #187. The volume were at $8,896,327.04 USD Biconomy ranks no 187 in the market capitalization of Biconomy is at $280,847,001.82 and its volume for 24 hours is $8,896,327.04. Biconomy are under circulation, with total supply of 1B and the Maximum supply of 0.

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BICO Price Statistics

Biconomy Price Live

BICO Price

$0.39

Percentage Change ( 24h )

5.39%

$0.0354
24h High / Low

$0.40 /

$0.37

Trading Volume 24h

$8,896,327.04

Volume / Market Cap

0.03168

Market Dominance

0.01%

Market Rank

187

Market Cap

$280,847,001.82

Fully Diluted Market Cap

$388,576,407.57

All Time High

$21.87

98.22%
All Time Low

$0.19

104.78%
Circulating Supply

722,758,758 BICO

Total Supply

1,000,000,000 BICO

Max Supply

-