As we move closer to 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 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.

Own (CHX)

Previously known as Chainium, Own aims to disrupt the global equity market by developing a platform that allows large enterprises and small business to raise capital. Own is focused on facilitating the creation and trading of security tokens, and comprises an ecosystem which includes the FAST infrastructure for accessing ready-made products and launching bespoke apps, the DSR investor data management system, a mobile app, and a finance industry blockchain.

Why Own?

Own operates in the highly anticipated security token sector which enables corporations to tokenize their assets and conduct Security Token Offerings (STOs) and the team are set to launch their Investor Portal on May 21. This will allow users of the platform to gain access to fully regulated digital asset investments via the portal. With a number of projects planning to branch out into the security token sector, the portal launch will help Own to keep a step ahead, and increase the utility of the CHX token.

BitMax (BTMX)

BitMax is a cryptocurrency exchange that offers margin trading and trading mining on its platform. In addition to running an OTC desk and BTMX is the exchange’s native currency which can be used to trade, receive discounts, and partake in promotions.

Why BitMax?

The team have announced a token lock scheduled to take place on May 20, and in order to improve the long-term stability of the BTMX token, they will permanently lock up 3,000,000,000 BTMX from the pending mining portion, and they also state that the releasing mechanism and speed for private sale portion will remain the same for the time being. As a result, one third of the total supply of BTMX is being locked up, and this may lead to the circulating supply eventually increasing in value over time.

ChainLink (LINK)

ChainLink allows smart contracts to interact with real world data and involves a network of decentralized oracles that link with blockchain APIs. Users can create cross-chain connectivity between their main smart contract and any other public or private chain, and send payments from their smart contract to existing bank accounts over widely used payment networks.

Buy/Sell ChainLink (LINK)

How to buy ChaiLink (LINK) on Binance?

Why ChainLink?

The LINK token has been a solid performer over the year and the team recently announced at Consensus that their mainnet will go live on May 30. This led to a price appreciation of the LINK token and ChainLink looks set to follow Binance in becoming one of the few projects to retest its ATH price in 2019.

The project has a partnership with SWIFT, as well as confirmed collaborations with Hedera Hashgraph, IOST, Ocean Protocol, Celer, Wanchain, Morpheus Network, and Hydrogen. While the LINK token may have appreciated greatly in value over the past few months, it’s definitely one to keep an eye on leading up to the mainnet launch.

How did the coins perform last week?

BTC had a strong week and climbed by around 11% and is currently trading at around $7,975. TRX also performed well across the week and jumped by around 16%, and is currently trading at $0.028. LTO proved to be the strongest performer and grew by around 39% and is currently trading at $0.09. Over the course of the week, the market climbed from $208B to $247B.