This week’s top coins are scheduled to conduct significant launches and benefit from announcements that help each project to move forward and strengthen their market positions as Q1 comes to an end. These developments should also result in increased amounts of attention to their respective currencies over the coming week.

Bibox Token (BIX)

Bibox is an emerging exchange aiming to close the gap between more established operations that currently act as market leaders. After launching in November 2017, the exchange now offers a range of services including Margin Trading, Digital Bonds, and Perpetual Contracts. The exchange also operates its own BIX currency which allows platform users to experience trading fee discounts, and incentive bonuses, and can be used to participate in IEOs.

Why Bibox Token?

The exchange recently announced the launch of the Bibox Orbit Launchpad and the exchange aims to actively engage in the practice of hosting and launching Initial Exchange Offerings (IEOs). This will lead to a natural increase in demand of the BIX token as BIX will be required in order to contribute to IEOs. Exchanges that host IEOs have seen an improvement in the value of their native token and Bibox looks set to continue the recent positive performance of exchange tokens.

Buy/Sell Bibox Token (BIX)

Enigma Catalyst (ENG)

Enigma aims to develop secure, private smart contracts that allow digital assets to be stored and transferred while maintaining confidentiality. In addition, the project operates the Catalyst investment platform that enables developers to build and execute micro crypto-funds, and by using the Catalyst platform, developers and traders can develop and back-test trading alternatives based upon sophisticated programmatic strategies.

Why Enigma?

The team have released an updated version of their roadmap and after launching their Discovery testnet, their Voyager testnet is close to its release date. Voyager includes secret contracts 2.0, dApp independence, and dApp scalability and will help Enigma to continue to move forward and secure a significant market share as a digital asset hosting and trading platform.

Buy/Sell Enigma (ENG)

Morpheus Network (MORPH)

Morpheus Network is building an automated global supply chain platform that incorporates an integrated cryptocurrency payment system as part of a full-service feature.

Why Morpheus Network?

The team recently announced the launch of their Global Platform and their global trade mainnet platform is now publically available. The core platform currently allows for automated workflows making use of document storage, legacy tracking technologies, geo-location technology, and system-based QR code triggers. The launch will help the project to gain competitive advantage in the supply chain sector of the industry.

How did last week's coins perform?

KCS performed strongly over the week, and grew by around 39.6% in value and is currently trading at around $1.70. HT made a marginal move of less than 1% and essentially moved sideways. The token lost 0.3%, and is currently trading at $2.56. NKN also made a modest move of less than 1%, and after gaining 0.8% is currently trading $0.04. Over the course of the week, the market grew from $140B to close out at around $147B.