As we continue into Q3, and progress through the second half of the year. This week’s choices are engaged in developing their platforms and performing project upgrades and launches that should strengthen their market positions and also result in increased amounts of attention to their respective currencies over the coming weeks.

1. Binance Coin (BNB)

Binance Coin is a token used by the Binance exchange, and it enables customers to enjoy reduced fees when trading via BNB. In addition, it 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. The 25% discount has recently been extended for one more year.

Why Binance?

The team have recently completed their 8th quarterly BNB token burn of 808,888 BNB (around $23.8M) directly from team tokens. They have also announced plans to relinquish all BNB team tokens and instead contribute them to the burning a total of 100 million BNB. Binance team tokens equate to 40% of the total BNB supply currently worth about $2,400,000,000). In addition, Binance Chain has a network upgrade hardfork scheduled at block height 20,300,000, which is forecasted for July 15 at 7 AM (UTC). The upgrade doesn’t affect BNB token holders in any way, but Binance DEX users and node operators should be sure to read the team’s official explanation.

Buy/Sell Binance Coin (BNB)

How to buy Binance Coin (BNB) on Binance?

2. Komodo (KMD)

Komodo is a cryptocurrency and platform designed for maximum security and privacy. The Komodo platform provides smart contracts and supports the BarterDEX decentralized exchange which allows traders via atomic swaps. Komodo is linked to Bitcoin, and uses a consensus mechanism that is backed by the Bitcoin hashrate, and anonymous transactions can be sent via Komodo using zk-snarks technology.

Why Komodo?

The platform is getting ready to undergo a rebranding and move to the Antara Framework on July 15. The Antara launch will also see the Komodo team reveal a new website, visual identity, partner network program, and an updated white paper. Antara will see Komodo operate as an open, programmable multi-chain platform with features such as smart chains, a module library, and an open API integration layer. The move should see Komodo become interoperable with a growing number of projects and attract more platform usage.

Buy/Sell Komodo (KMD)

How to buy Komodo (KMD) on Binance?

Tron (TRX)

TRON is a blockchain based decentralized protocol that aims to construct a worldwide free content entertainment system while utilizing blockchain and distributed storage technology. The protocol allows users to publish, store, and own data, while the decentralized system manages subscriptions, distribution and the push of content.

Why Tron?

The Incentive Plan held in collaboration with Raybo Technology, a technology company based in Beijing, China will start from July 15, 09:00 to August 15, 08:59, 2019(PDT). Anyone holding TRC20 versions of USDT will be eligible to receive part of the $30M reward payouts. The 31-day giveaway will see TRC20 based Tether holders will receive airdrop bonus on a daily basis, with up to 100% annualized percentage rate. The promotion is being supported by exchanges such as Kucoin, Huobi, OKEx, and Poloniex and anyone interested should make sure to read the team’s detailed explanation of the giveaway.

Buy/Sell TRON (TRX)

How to buy TRON (TRX) on Binance?

How did the coins perform last week?

The overall downturn had a negative effect on the majority of project’s and MCO fell around 11% in value and is currently trading at around $5.41. ANKR was a much stronger performer, and grew by around 15% in value, and is currently trading at $0.01. FET had a tough week and fell by 36% and is currently trading at $0.11. Over the course of the week, the market dropped from $327B to $297B.