Prime US crypto trade Coinbase is increasing assist for a little-known Ethereum-based altcoin throughout its full retail platform.
BICO is an Ethereum-based governance token for the Biconomy Network, a multichain platform that goals to attach its customers’ wallets with decentralized purposes.
Node operators can use the crypto asset to pay transaction charges, and BICO holders can vote on choices affecting Biconomy’s protocol and community.
Moreover, Biconomy rolled out a rewards and airdrop program on Wednesday.
After skyrocketing 200% on Wednesday, BICO is buying and selling at $9.32 at time of writing and has retraced 37% up to now 24 hours.
Coinbase added assist for BICO amid a flurry of recent altcoin listings over the previous a number of months. The trade’s chief govt, Brian Armstrong, noted in July that they plan to record as many altcoins as potential.
“Reminder about how Coinbase lists belongings: our purpose is to record *each* asset the place it’s authorized to take action.”
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