Bibox Token (BIX), the exchange token associated with the Bibox exchange, has taken off in March as improving market conditions and continued Bibox development have investors feeling bullish.

Over the period, BIX has risen from $0.159 to over $0.48 — an increase of roughly 201%. This rise has brought BIX to a market cap of $53.3 million, making it the 9th largest constituent in the AltDex Exchange Token Index (ALTEXC).

BIX/USD 1-month chart (DataLight)

While most exchange tokens outperformed the market in March…

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