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Cryptocurrencies/Coins/Biconomy (BICO)
Biconomy price, market cap on Coin360 heatmap

Biconomy(BICO)

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$0.29398
(0.17%)
0.00000500 BTC
Market Cap (Rank#213)
$232,120,740
3,947 BTC
Vol 24h
$2,011,702
34.2081 BTC
Circulating Supply
789,580,695
Max Supply
?

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About Biconomy?

The live price of Biconomy (BICO) today is 0.29398 USD, and with the current circulating supply of Biconomy at 789,580,695 BICO, its market capitalization stands at 232,120,740 USD. In the last 24 hours BICO price has moved 0.01135 USD or 0.04% while 2,977,643 USD worth of BICO has been traded on various exchanges. The current valuation of BICO puts it at #213 in cryptocurrency rankings based on market capitalization.

Learn more about the Biconomy blockchain network and how it works or follow the price of its native cryptocurrency BICO and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

Biconomy (BICO) is a next-generation blockchain protocol designed to simplify and accelerate the adoption of decentralized applications (dApps). It aims to streamline the user experience by eliminating the complexities associated with blockchain transactions. Biconomy's unique approach to transaction management makes it a standout in the crowded cryptocurrency market.

Technology & Mechanism

Consensus Mechanism

Biconomy uses a Proof-of-Stake (PoS) consensus mechanism, which is energy-efficient and promotes decentralization. This mechanism ensures that all transactions are validated quickly and securely.

Blockchain Technology

Biconomy operates on an Ethereum-based blockchain. It leverages meta-transactions, allowing developers to abstract away blockchain complexities and provide a simplified user experience.

Key Features

Scalability

Biconomy is designed for scalability, capable of handling a high volume of transactions without compromising speed or security.

Security

Security is a top priority for Biconomy. Its PoS consensus mechanism and Ethereum-based blockchain ensure that all transactions are secure.

Privacy

Biconomy respects user privacy. While transactions are transparent, user identities are kept anonymous.

Decentralization

Biconomy is a fully decentralized platform, ensuring that no single entity has control over the network.

Development Team & Governance

The Biconomy project is spearheaded by a team of experienced blockchain developers and entrepreneurs. The project operates under a decentralized governance model, with decisions made by the community.

Use Cases & Potential Impact

Biconomy has the potential to revolutionize the way we interact with blockchain technology. Its simplified transaction process could make dApps more accessible, leading to widespread adoption.

Purchase & Storage

How to Buy

Biconomy (BICO) can be purchased on several major cryptocurrency exchanges. Always ensure to use a reputable exchange for your transactions.

Wallets & Storage

BICO can be stored in any wallet that supports ERC-20 tokens. Always use a secure wallet and keep your private keys safe.

Partnerships & Collaborations

Biconomy has partnered with several major players in the blockchain industry to further its mission of simplifying blockchain transactions.

Roadmap

Biconomy has a clear roadmap for the future, with plans to introduce new features and enhancements to improve the user experience.

Risks & Challenges

Like any blockchain project, Biconomy faces potential risks and challenges, including regulatory hurdles and market volatility. However, the team is committed to navigating these challenges and driving the project forward.

Community & Regulatory Compliance

Community

Biconomy has a strong and active community of supporters and developers who are passionate about the project's mission.

Regulatory Compliance

Biconomy is committed to complying with all relevant regulations and laws in the jurisdictions it operates in.

In conclusion, Biconomy is a promising project with a unique approach to simplifying blockchain transactions. Its focus on user experience and scalability makes it a potential game-changer in the blockchain industry.

Biconomy Price0.29398 USD
Market Rank#213
Market Cap232,120,740 USD
24h Volume2,011,702 USD
Circulating Supply789,580,695 BICO
Max SupplyNo data
Yesterday's Market Cap236,636,128 USD
Yesterday's Open / Close0.288348 USD / 0.299698 USD
Yesterday's High / Low0.299698 USD / 0.287225 USD
Yesterday's Change
0.04% ( 0.01135 USD )
Yesterday's Volume2,977,643.25 USD
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