As Q2 gets underway, this week’s choices are set to benefit from significant launches and developments that should strengthen their market positions and also result in increased amounts of attention to their respective currencies over the coming weeks.

Binance Coin (BNB)

BNB is a token used by the Binance exchange, and it enables customers to enjoy reduced fees when trading via BNB. The token can be used to pay for exchange, withdrawal and listing fees, and for the first year, there was a 50% discount rate on trading fees, which dropped to 25% in the second year, and halves again in each of the subsequent two years. BNB can also be used to participate in IEOs held on Binance Launchpad.

Why Binance?

The team recently announced their Paris Meet up scheduled for April 17 which takes place at the Paris Blockchain Week Expo. They are also close to performing their 7th quarterly token burn and the 6th in Q1 saw 1,623,818 BNB (roughly $9.4MM USD equivalent) burnt.

In addition, the Matic Network IEO is set to take place on April 25 with anyone interested in participating required to hold at least 50 BNB leading up to the public sale. This set of developments should see BNB continue to increase in relevance.

Buy/Sell Binance Coin (BNB)

How to buy BNB on Binance?

Aergo (AERGO)

Aergo is a blockchain solution developed by Blocko aimed at enterprises aiming to incorporate Distributed Ledger Technology (DLT). The project is comprised of the AERGO Chain, a proposed blockchain that includes an SQL based smart contract platform, and the AERGO Hub, a blockchain hosting service that facilitates the building, testing and management of blockchains based on the AERGO Chain.

Also, the AERGO Marketplace enables the trade of peer-to-peer computing assets such as storage, computing power, and algorithms.

Why Aergo?

The team are set to complete their Mainnet Launch on April 15, and as a result, will be hosting a global mainnet launch event in Seoul, South Korea on April 17. Aergo is a well regarded project with backing by the successful Blocko company; and the launch event may well be accompanied by significant announcements that will bring even more attention to the platform. Either way, the mainnet launch should result in the onboarding of enterprise customers making use of the AERGO network and token.

Buy/Sell Aergo(AERGO)

Blockport (BPT)

Blockport is a social crypto exchange which allows new investors to easily buy, sell and store Bitcoin and other cryptocurrencies. The BPT token members can reward each other for sharing their portfolio, and Blockport also connects multiple public exchanges so that their members can always access the best market prices.

The project also includes a hybrid decentralized exchange architecture that enables members to take full ownership of their private keys and funds.

Why Blockport?

The team recently announced their STO launch with Blockport launching an equity-based fundraising round through a security token offering. The STO launch further showcases the growing functionality of the platform and is set to take place on April 15. With the platform maturing while the market begins to stabilize, the future looks brighter for the BPT token.

Buy/Sell Blockport (BPT)

How did the coins perform last week?

MFT lost value over the week, and decreased by around 6.6% and is currently trading at around $0.003. XZC also lost value, and fell by around 7%, and is currently trading at $8.30. IOTX was the biggest loser, and fell by around 16.2% and is currently trading at $0.01. Over the course of the week, the market slid from $181B to $173B.