As we move further into the final quarter of the year, this week’s choices are set to benefit from significant developments and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.

1. Aion (AION)

The AION token is the digital asset of The Open Application Network (OAN), and it is used to secure and access the network. As a public infrastructure, a global community of individuals, software companies, and institutions all work to secure and maintain the operations of The OAN. The open source public infrastructure is sued for the creation and hosting of Open Apps which place users in control and are universally accessible across platforms.

Why Aion?

The team are preparing to conduct a hard fork on November 19 that will enable their Unity Protocol to allow stakers and miners to secure the network in unison. The new consensus mechanism will incorporate both PoW and PoS blocks and the Aion Kernel will be upgraded by node operators leading up to the hard fork. Once the upgrade is complete, Unity will be live and the stake-based type of block production will live on the network. This will allow all AION token holders to participate in securing the network and they can stake privately or through the validator ecosystem. The upgrade will also see Aion become a pioneer in terms of hybrid consensus mechanisms and the team outline the process here.

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How to buy Aion (AION) on Binance?

2. Crypto.com Chain Token (CRO)

Crypto.com is a payments and cryptocurrency platform that enables people to spend their crypto holdings via crypto debit cards. Crypto.com is headquartered in Hong Kong and the project was formerly known as Monaco. The project is also supported by Crypto.com Chain Token which manages fund flows from customers to merchants while distributing processing fees to eligible chain participants in return for their services.

Why Crypto.com Chain Token?

After launching MCO Cards in Asia, Europe, and the USA, the Crypto.com team are now close to launching their own exchange. The closed Beta testing period of the Crypto.com exchange is scheduled to begin on November 18, and registrations for additional beta users are now open. The exchange will feature CRO trading pairs, and allow users to stake CRO tokens in return for trading fee discounts and an interest rate of 20% p.a. The team state that API trading account fees stand at 0.008% for makers and 0.02% for takers and they explain the Beta testing launch here.

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3. OKB (OKB)

OKB is a token issued by the OKB foundation. OKB is accepted on the OKEx exchange and is a central piece of its architecture and development. The OKB token can be used in a variety of functions and promotions available on the exchange and can also be applied on other related projects.

Why OKB?

The team have a number of events lined up over the coming weeks and these include the OKEx Talk in Lagos, Nigeria on November 17 and the Utrecht Workshop in the Netherlands on November 18. These will be followed by events in Odessa, Ukraine, and Amsterdam, the Netherlands on November 20, and the team also have events taking place in Johannesburg, South Africa, and Saint Petersburg this month. As ever, these events help to improve the project’s visibility and overall awareness and may also act as opportunities to make significant announcements.

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How did last week's coins to watch perform?

The seven day period generally led to poor results across the market and the results were mixed for last week's coins to watch. BTC fell by 3% in value and is currently trading at around $8,533. FET, on the other hand, outperformed the market and grew by 15% over the week. LOOM saw gains of around 3%. Over the course of the week, the total crypto market cap retraced from $246B to $234B.