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Highlights
- BICO is powered by the Ethereum blockchain and aims to connect the users to DApps across multiple blockchains at a low cost.
- BICO's APIs & SDKs can convert the DApps to become more reliant, and its multi-chain relayer infrastructure processes almost 50K daily transactions for 70+ DApps.
- According to CoinMarketCap, the BICO was trading at US $15.08 with a 24-hour trading volume of US $381,385,717
Altcoins have seen a phenomenal surge in 2021 just like crypto assets. In fact, Bitcoin may have surged in the second half of the year, hitting an all-time high, but it was the altcoins which ruled the roost in the cryptocurrency market throughout the year. The likes of Solana, Uniswap, Aave, all have witnessed significant growth. But there are other lesser-known altcoins, which have done well unexpectedly.
One of them is Biconomy (BICO) token which has flown under the radar and then gradually took off following its listing on Coinbase Exchange. Ever since it was listed on the leading exchange on 1 December, it has been a 78% price rise. On 2 December, it gained significantly, and at the time of writing (BST 2:44 pm), it surged by 158% and the volume saw a massive hike of 1,837.04%.
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What is BICO crypto?
BICO is powered by the Ethereum blockchain and aims to connect the users to any decentralized applications (DApps) across multiple blockchains at a low cost. BICO's APIs & SDKs can convert the DApps to become more reliant, and processes almost 50,000 transactions on a daily basis for more than 70 DApps.
Co-founded by Ahmed Al-Balaghi, Sachin Tomar, and Aniket Jindal, BICO boasts of several features such as free gasless transactions, instant cross-chain transfers, automatic connection to any L2 & EVM compatible chains and many more.
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It's available for trading on leading exchanges such as OKEx, FTX, Huobi Global, Bybit, and Coinbase. Today, it is making a mark on the MEXC Global, where users can deposit and withdraw BICO tokens.
Is BICO a good investment for you?
BICO is ranked 2768 on CoinMarketCap. According to CoinMarketCap, the BICO was trading at US $15.08 with a trading volume of US $381,385,717 in the last 24 hours. BICO currently has a fully diluted market cap of US $15,078,979,863 with a total supply of 1,000,000,000 BICO coins.
BICO does present a viable opportunity to invest in at the moment. With strong tokenomics and its recent partnerships, it has made its mark on the investors. The market experts are hoping for the rally to continue for a few more days before the crypto goes in for a price correction. The experts predict that in next five years the BICO's price could go up by US$350.
