Biconomy vs IOST — how do they compare? Biconomy trades at Rp243.83 (market cap Rp242,71M, Rp73,57M 24h volume), while IOST trades at Rp12.34 (market cap Rp420,17M, Rp80,83M 24h volume). The key difference: IOST is the larger of the two by market cap, and IOST's supply is capped (34,2B / 90B IOST (38%)) while Biconomy's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Biconomy for 35 Days and IOST for 78 Days on average.
| BICO | IOST | |
|---|---|---|
Market Cap | Rp242,71M | Rp420,17M |
Volume (24h) | Rp73,57M | Rp80,83M |
Circulating Supply | 1B BICO | 34,2B / 90B IOST (38%) |
Typical Hold Time | 35 Days | 78 Days |
What Pluang investors did over the last 30 days
Biconomy is a multichain relayer protocol that aims to improve the user onboarding and transaction experience on decentralized applications (dApps). In short, Biconomy focuses on transaction management and gas optimization and can reduce gas costs by up to 40%.
Read more on BICO →IOST describes itself as an “ultra-fast,” fully fledged and decentralized blockchain network and ecosystem with its own nodes, wallets and based on the “next-generation” consensus protocol dubbed “proof-of-believability.”
Read more on IOST →