BICO
BICO

Biconomy price

$0.31200
+$0.0020000
(+0.64%)
Price change from 00:00 UTC until now
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Biconomy market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
Market cap
$285.03M
Circulating supply
914,448,919 BICO
Market cap ranking
150
24h high
$0.33900
24h low
$0.29000
All-time high
$22.8000

Biconomy price performance in USD

The current price of Biconomy is $0.31200. Since 00:00 UTC, Biconomy has increased by +0.65%. It currently has a circulating supply of 914,448,919 BICO and a maximum supply of 1,000,000,000 BICO, giving it a fully diluted market cap of $285.03M. At present, the Biconomy coin holds the 150 position in market cap rankings. The Biconomy/USD price is updated in real-time.
Today
$0.0020000
+0.64%
7 days
-$0.09380
-23.12%
30 days
$0.025500
+8.90%
3 months
$0.076100
+32.25%

About Biconomy (BICO)

3.6/5
Certik
3.9
12/17/2024
CyberScope
4.1
12/18/2024
TokenInsight
2.7
02/25/2023
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Biconomy is a blockchain-agnostic relayer protocol that makes it easy for people to use decentralized applications. It allows users to execute fast transactions with low gas and send real-time cross-chain messages. BICO is the name and ticker symbol of Biconomy's native utility and governance token.

Biconomy has three core products:

  1. Mexa, which enables gasless transactions.
  2. Forward, which allows users to pay gas fees in ERC-20 tokens.
  3. Hyphen, which powers instant cross-chain transfers.

QuantStamp, MixBytes, Certik, and Halborn audit its smart contracts. Biconomy also streamlines the complex onboarding process of decentralized applications (DApps) by providing plug-and-play SDKs for developers.

Biconomy uses meta transactions that allow them to execute trades on behalf of the user. First, a user needs to sign a message containing the transaction details. Once signed, Biconomy will execute the transaction on the requested blockchain.

The Biconomy multi-chain relayer network currently supports Ethereum, Matic, xDai, and Moonriver, among other Mainnets. In addition, over 75 DApps have integrated Biconomy's gasless feature, including prominent names like Curve Finance, dYdX, Aavegotchi, Decentral Games, Perpetual Protocol, and Sapien Network.

BICO tokens pay network fees on Biconomy and reward network stakeholders, including node operators, delegators, and liquidity providers. BICO holders can also participate in the network's governance by voting on decisions like changing network code, adding new services, and allocating treasury funds.

BICO price and tokenomics

Biconomy has a total supply of 1 billion BICO tokens. 6% was allocated to their pre-seed round, 6.38% to their seed round, and 12% to their private round. Strategic investors received 0.5% of the BICO supply, while 5% was reserved for public sale.

Of the remaining supply, the Biconomy team and advisors kept 22%. In addition,10% was reserved for the Foundation, and 38.12% was saved for community rewards and incentives.

BICO follows a vesting schedule of up to four years. This will typically impact BICO's price as the tokens are unlocked. In the long run, the performance of BICO charts will depend on the number of DApps using Biconomy's services.

About the founders

Biconomy is co-founded by Ahmed Al-Balaghi, who was previously associated with ViewFin, Sachin Tomar, who has a background with Samsung, and Aniket Jindal, an advisor to Matic. The project is supported by a team of 26 full-time staff from various parts of the world.

Biconomy has successfully raised over $20 million in funding and enjoys the backing of prominent investors like Coinbase Ventures, Huobi Ventures, True Ventures, Eden Block, Fenbushi Capital, and CoinFund, among others.

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Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 1 new posts about Biconomy, driven by 1 contributors, and total online engagement reached 1 social interactions. The sentiment score for Biconomy currently stands at 50%. Compared to all cryptocurrencies, post volume for Biconomy currently ranks at 2504. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Biconomy.
Powered by LunarCrush
Posts
1
Contributors
1
Interactions
1
Sentiment
50%
Volume rank
#2504

X

Posts
1
Interactions
1
Sentiment
50%

BICO FAQ

What is BICO?

Biconomy is a multi-chain relayer network that simplifies user onboarding for decentralized applications. They offer gasless transactions, instant cross-chain crypto transfers, and real-time cross-chain messaging at cheaper rates. BICO is the name and ticker symbol of Biconomy's native utility and governance token.

How does BICO work?

A distributed set of nodes, executors, and validators powers the Biconomy network. Users have to stake BICO tokens to run validator and executor nodes. In return, they will receive BICO rewards for their services.

Executors run relayer nodes on the network and process meta-transactions, while validators verify the work done by executors. As part of Biconomy's services, DApps get a list of eligible executors with their performance and reputation details.

For cross-chain asset transfers, validators track deposited transactions on the source blockchain, verify them and record the cross-chain transfer details in a Biconomy Transaction. Executors then initiate the fund transfer on the destination chain. Moreover, for cross-chain transfers, each supported blockchain will have liquidity pool smart contracts to withdraw and add liquidity.

Biconomy deploys Gateway Smart Contract (GSC) on every supported blockchain to facilitate cross-chain smart contract calls. Biconomy validators track the transaction requests on the source chain GSC and executors execute the smart contract call on the destination chain via the destination chain GSC.

Where can I buy BICO?

Easily buy BICO tokens on the OKX TR cryptocurrency platform. One available trading pair in the OKX TR spot trading terminal is BICO/USDT.

You can also buy BICO with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for BICO with zero fees and no price slippage by using OKX TR Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into BICO, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

How much is Biconomy worth today?
Currently, one Biconomy is worth $0.31200. For answers and insight into Biconomy's price action, you're in the right place. Explore the latest Biconomy charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Biconomy, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Biconomy have been created as well.
Disclaimer
The content on this platform ("Content"), is sourced from external parties and sources not affiliated with OKX TR. OKX TR does not endorse or guarantee the accuracy, reliability, or suitability of the Content , and we are not responsible or liable for any errors, delays, or inaccuracies. The Content, including any external links, are for general informational purposes only and is not intended to provide (i) investment advice; (ii) a recommendation, offer, or solicitation to buy, sell, or hold any crypto asset or to engage in any specific trading strategy; or (iii) investment, financial, accounting, legal, or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, and their value can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult a legal, tax, and/or investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning.
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