TheBrko

BICO - great "outside of Top 100" pick

Long
FTX:BICOUSD   Biconomy / USD
Biconomy is a multichain relayer protocol that aims to improve the user onboarding and transaction experience on decentralized applications (DApps). The project’s declared goal is to make web3 products as intuitive and easy to use as web2 products.

One of my favourite pick outside of Top 100 (350 000 000 million market cap), but I don't think you will see it there in few months (maybe weeks).

Project is on market since 01/2021 and it went through all the stages of new coins. Strong pump, dump, capitulation, accumulation and gently recovery before next strong move.

When it comes to availability on CEX , it is great! Over 30 exchanges and almost all major one did list BICO (Binance, Coinbase, FTX, ByBit, Huobi, etc.)

BICO is currently 75% down from ATH.

They are backed by some big crypto funds like: Coinbase Ventures Portfolio, Binance Labs Potfolio, Fenbushi Capital Portfolio, etc. Visit their site for more.

Community is also very active on telegram and twitter which is good sign too.

On chart you can see support/resistance zones. Zoom out to see full price action.

Just to reach 0.618 retracement from ATH, gain from current price level would be 190%!

I started buying at approx. 4.5$ and continued to buy every dip as current one. I like risk/reward ratio at current price level.

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