What is Biconomy Exchange Token?

Biconomy Exchange Token (BIT) is an altcoin currently ranked 544th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $0.00000120, Biconomy Exchange Token carries a market capitalization of $446.58K. Daily trading volume across exchanges sits at roughly $4.44M. That works out to a 24-hour turnover of about 994.56% of the float — unusually high turnover, the kind of activity that accompanies major news or speculative spikes.

Price action across timeframes

Over the past 24 hours, Biconomy Exchange Token has moved -0.92%; over the past week, Biconomy Exchange Token has moved -2.15%.

Cycle position

Biconomy Exchange Token is currently trading far below its all-time high (all-time high of $0.00027547, -99.6% from peak). .

Supply & dilution

The circulating supply stands at 664,316,819,882 BIT. Roughly 66.4% of the maximum supply has been issued — meaningful dilution still ahead via emissions, vesting unlocks, or staking rewards.

Volatility profile

Recent price action puts Biconomy Exchange Token in the Low-volatility bucket. The asset has been relatively stable, with moves typical of large-cap, mature assets.

How to evaluate Biconomy Exchange Token

A balanced read on BIT typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is BIT performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Biconomy Exchange Token (BIT) is the native token of the Biconomy Exchange, utilized for various services within the platform, including trading fee discounts and governance. It aims to enhance user experience and streamline transactions in decentralized finance. Source: CoinPaprika.com