This week’s top coins are scheduled to undergo significant upgrades, launches and releases that will help each project to move forward and them strengthen their market positions. Over the coming week, each project should also experience increased amounts of attention to their respective currencies.

NEO (NEO)

NEO is one of the more established projects on the market, and is often described as the Ethereum of China as NEO allows smart contracts to be delivered via its blockchain. The NEO platform has played host to a number of ICOs and NEO holders are also rewarded with regular payments of the GAS currency.

Why NEO?

The project is set to undergo a Testnet upgrade on March 18, with the official time being announced as between 9:00-11:00 GMT+0. The team have outlined the reasons for the upgrade and state that DBFT 2.0, the updated version of NEO’s consensus mechanism will resolve the single block fork issue that has previously caused peer nodes to become stuck. This should help to improve the sentiment around NEO which has lost some of its shine in recent times.

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Binance Coin (BNB)

Binance Coin is a token used by the Binance exchange, and it enables customers to enjoy reduced fees when trading via BNB. In addition, it can be used to pay for exchange, withdrawal and listing fees. For the first year, there was a 50% discount rate on trading fees, which dropped to 25% in the second year, and is going to halve again in each of the subsequent two years.

Why Binance Coin?

A Binance Launchpad session will take place on March 19 as the Celer project launches at 11:00. As ever, participants will be required to use BNB in order to take part in the IEO, and following on from the BitTorrent and Fetch launches, there is a significant amount of bullish sentiment around the Celer launch. With the popularity of IEOs amongst leading exchanges, BNB looks set to be in demand over the next few days.

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Groestlcoin (GRS)

Groestlcoin launched on 22 March 2014 and focuses on continual technological advancement. The GRS currency is ready to use both SEGWIT and Lightning Network technology. GRS is also a fast and secure coin with privacy features and almost zero fees.

Why Groestlcoin?

The project is set to undergo a series of releases around March 22, and these include Groestlcoin Core 2.17.2, Electrum-GRS 3.3.4 for android and further android updates. The team are also set to integrate GRS into both the Ledger Nano S, and Blue hardware wallets, and have outlined the full list of developments on their roadmap.

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How did the coins perform last week?

XLM performed strongly and gained around 16% in value over the week and is currently trading at around $0.10. TRX also had a positive week and grew by 3.3%, and is currently trading at $0.02. ARK also had a strong week and climbed by around 6.7%, and is currently trading at $0.64. Over the course of the week, the market moved from a total cap of around $134B on Monday to around $138B on Sunday.