As we begin the month of June and reach the halfway point of the year, this week’s choices are set to benefit from increased trading activity and speculation as the result of significant developments and network upgrades that should strengthen their market positions and also result in increased amounts of attention to their respective currencies over the coming weeks.

EOS (EOS)

EOS is a blockchain technology developed by Dan Larimer, who was also responsible for BitShares and Steemit. The project conducted a year-long token sale that began in April 2017, and raised hundreds approximately $4 billion. The platform promises to provide fee free transactions and to use a concept known as parallel processing which will allow the platform to scale effectively and process in excess of 1,000 transactions per second.

Why EOS?

The project looks set to benefit from a number of developments including Coinbase adding support for EOS to their consumer platform after EOS was added to Coinbase Pro in April. In addition, the Tether team have announced the decision to create USDT tokens on the EOS blockchain and Block.one have recently announced the new social media platform Voice which is set to be hosted on EOS. The airdrop of UOS tokens to EOS holders is also set to end on June 6, and you can read the full details on the airdrop here.

Buy/Sell EOS (EOS)

How to buy EOS (EOS) on Binance?

Neo (NEO)

NEO is a Chinese blockchain project that was originally known as AntShares before rebranding 2017. It’s often been described as the Ethereum of China as it operates in a similar manner, and allows smart contracts to be delivered via its blockchain. A host of ICOs have launched on the NEO blockchain and created NEP-5 tokens as a result.

Why Neo?

The team are scheduled to conduct a mainnet update this week and the NEO MainNet will be upgraded at 9:00 am on June 3, 2019 (GMT). The upgrade will see all MainNet consensus nodes shifted to neo-cli v2.10.2 with the improved dBFT 2.0 consensus algorithm. The platform’s network fee mechanism will also be adjusted, and an Oversize Fee will now be charged relative to size on transactions larger than 1024 bytes. The team outline their plans here, and this upgrade represents good news to NEO fans as the platform has been somewhat overlooked as of late.

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How to buy NEO on Binance?

Bitcoin Cash (BCH)

Bitcoin Cash is a cryptocurrency which was created in August 2017 as a hard fork of Bitcoin. BCH uses an 8MB block size which allows each block to hold more transactions, and share a history with Bitcoin as the two currencies diverged following the mining of block 478558 with all users who held Bitcoin in a compatible wallet on August 1 being credited with an equal amount of Bitcoin Cash after the fork.

Why Bitcoin Cash?

After going through a hard fork at the end of 2018, Bitcoin Cash has seen the emergence of competing project Bitcoin SV. Now the team at Bitcoin.com are launching the local.bitcoin.com website. The site is essentially a peer to peer (P2P) marketplace which allows users based anywhere around the world to buy and sell BCH. Bitcoin Cash has performed well recently, and the marketplace launch could see renewed interest in the digital currency.

Buy/Sell Bitcoin Cash (BCH)

How to buy Bitcoin Cash (BCH) on Binance?

How did the coins perform last week?

XTZ remained relatively stable and grew by 1.5% in value over the week and is currently trading at around $1.56. WTC had a similar week, and gained around 0.5%, and is currently trading at $2.31. AE improved by 2.5% over the week, and is currently trading at $0.56. Over the course of the week, the market climbed from $266B to $276B.