Out there there is an entirely incredible and varied world of Ethereum-based tokens. But there is only a top 25 list of ERC20 tokens coming from us!
Now you could ask yourself: what the hell is it? Token ERC20, it is important to understand how many Token ERC20 there are, and that have the maximum market capitalization among all.
At present, there are more than 140,000 digital token contracts based on ERC20. In reality, however, the vast majority of these are used very rarely, giving them little or no utility compared to others, while others have been inactive for some time.
It is only as we head constantly on top of this list that we begin to see the true contenders as the biggest ERC20 tokens. And beyond these, there are some seriously important actors, some of which are very high, generating billions and billions of market capitalizations and volumes of transactions to be started.
Here are the top 25 existing ERC20 tokens based on market capitalization.
1. BNB (BNB)
Market Cap: $ 1.018.5 million*
Total price: $ 7.77
Binance Coin (BNB) is the native cryptocurrency that is just behind the exchange of digital coins, Binance, one of the most popular cryptocurrency trading platforms at the moment. Along with this reputation, it is also the main ERC20 token competing in this list, boasting the highest level of market compared to any other contemporary.
* The market limits are rounded to 100 thousand and the prices are rounded to the nearest thousandth.
2. VeChain (VEN)
Market Cap: $ 438.200.000
Total price: $ 0.008
Belonging to the VeChain digital ecosystem, VEN is the token that operates throughout the system. The way it works is for users to use the token to conduct or receive payments for any outstanding service and product.
VEN is the token belonging to the VeChain ecosystem. Users use the token to pay or receive payments for services and products.
3. Maker (MKR)
Market Cap: $ 418.6 million
Total price: $ 574.81
DAO is the company that is responsible for the third largest ERC20 token in this list and is called Maker (MKR). DAO itself is a decentralized autonomous organization on the Ethereum blockchain.
The creator acts as a balancing or stabilizing element to work against the prevailing volatility in the DAI, the corresponding DAO Stablecoin.
4. OmiseGO (OMG)
Market Cap: $ 381,20,000
Total price: $ 2.72
The OMG token acts as a workhorse for the existing OmiseGo consensus algorithm supported by a trial of the gaming system. In more general terms, OmiseGo operates as a platform for bringing financial services to those who would otherwise have little or no access through the Ethereum blockchain
5. 0x (ZXR)
Market Cap: $ 298.9 million
Total price: $ 0.547
0x itself is an epoch-making project, and the only token based on Ethereum that is used is the ZXR token. Overall, users use this token to pay for issuer trading fees and to manage the decentralized governance model within protocol 0x.
6. Basic attention token (BAT)
Market Cap: $ 257.1 million
Total price: $ 0.218
Used exclusively within the decentralized Brave Internet browser, the Basic Attention Token (BAT) is used for a number of advertising services. It was initially developed and applied to provide advertisers with better data while allowing full privacy protection for users.
7. Zilliqa (ZIL)
Market Cap: $ 211.8 million
Total price: $ 0.027
Zilliqa, or ZIL is the token used specifically for the Zilliqa project. Zilliqa's goal is to improve smart contracts by building a new language for them.
8. Aeternity (AE)
Market Cap: $ 208,200,000
Total price: $ 0.893
The AE token functions as a utility token for the dApp-based ecosystem, Aeternity. This platform works like a focused smart contract, one that uses oracles and makes a security priority for its users.
9. ICON (ICX)
Market Cap: $ 199.5 million
Total price: $ 0.421
The ICON foundation is developing DApp and blockchain engines. ICX is the ERC20 token of the platform.
10. The ChainLink token (LINK)
Market Cap: $ 172.1 million
Total price: $ 0.491
With the ChainLink decentralized oracle network, users are able to provide data feeds or APIs directly to smart contracts in exchange for LINK tokens. It is interesting to note how PAX, TrueUSD TUSD stablecoin, LINK and many others, which function as Ethereum tokens, have experienced a significant significant range of price movements.
It is for this reason that LINK is in tenth position in our top 25 ETH ERC20 token list.
11. Pundi X Token (NPSX)
Market Cap: $ 170.6 million
Total price: $ 0.001
The Pundi X Rewards token was able to enter the number 11 on our list of the 25 best ERC20s. For a little more context, Pundi X Rewards is a system through which resellers and customers can redeem tokens through transactions.
Right now, NPSX has a market capitalization of over $ 170 million, which is really surprising if you take a look at the average price of the currency.
12. TrueUSD (TUSD)
Market Cap: $ 161.4 million
Total price: $ 1.01
TrueUSD works like a stable currency that is backed by the US dollar. And so what is it now, is one of the, if not the stablecoin superior from the overall market capitalization. Earn a spot in this top 25 ERC20 token list.
13. Bytom (BTM)
Market Cap: $ 159.6 million
Total price: $ 0.159
Used in the Bytom ecosystem, BTM is a utility token that supports and handles transaction fees, dividends and asset insurance deposits.
14. Aurora (AOA)
Market Cap: $ 152.5 million
Total price: $ 0.023
Aurora is an intelligent contract platform and AOA is the ERC20 utility token on the platform.
15. USD currency (USDC)
Market Cap: $ 144.3 million
Total price: $ 1.01
Much like the TrueUSD, the USDC works like a stablecoin that is tied to the US dollar on a 1: 1 basis. It is also one of the first 25 cryptos inside this ERC20 token list. Then
16. Populous (PPT)
Market Cap: $ 139.3 million
Total price: $ 2.62
Unlike its distant cousin, Pokens, which functions as a stablecoin 1: 1 USD on Populous, PPT serves as a token platform. The PPT is, for the most part, an investment vehicle that specializes in invoice investments.
17. Paxos Standard (PAX)
Market Cap: $ 135.4 million
Total price: $ 1.01
PAX is a dollar-backed stablecoin with the approval of the New York Department of Financial Services.
18. Golem (GNT)
Market Cap: $ 116.2 million
Total price : $ 0.121
Through the use of GNT, it allows users to lease their unused computing power to users who require more processing power for resource intensive or complex tasks.
19. Reputation (REP)
Market Cap: $ 120.1 million
Total price: $ 10.92
REPRESENTATIVE is the ERC20 token at the base of the Augur platform, which is an open source forecasting market.
20. HoloToken (HOT)
Market Cap: $ 105.2 million
Total price: $ 0,0008
HoloToken, or HOT, is predominantly a cryptography that takes pride of place on this list because it supports operations on the smart Holochain contract and the dApps platform. What is exactly a dApp? It is a decentralized application.
21. StatusNetwork (SNT)
Market Cap: $ 103.2 million
Total price: $ 0.03
SNT is one of the tokens used on the Ethereum platform. Enable messaging and this crucial function has created its value as a token.
22. IOSToken (IOST)
Market Cap: $ 96.3 million
Total price: $ 0.008
The IOST token is an ERC20 that is used for an Internet of Things (IoT) platform that was built on the Ethereum blockchain. The token currently works as temporary and will convert to a 1: 1 ratio in its currency once the IOST blockchain is finally online.
23. Decentraland (MANA)
Market Cap: $ 86.3 million
Total price: $ 0.082
Decentraland is a particularly interesting exception to the ERC20 rule compared to other Ethereum tokens and platforms, as it is one of the few with a token (MANA) to which users have complete and complete properties. MANA is the way in which users "claim" a part of Decentraland and interact with other users.
24. Waltonchain (WTC)
Market Cap: $ 84.4 million
Total price: $ 2.09
WTC is the token for the WaltonChain application system, which integrates with the RFID chip hardware.
25. Token WAX (WAX)
Market Cap: $ 84.4 million
Total price: $ 0.09
The WAX token serves users as a utility token on the digital goods market for WAX and OPSkin. The platform itself is governed by a delegated Proof of Stake (DPoS) consensus algorithm.
The most popular token of Ethereum
When it comes to the top 25 of the ERC20 token list, it is a competitive space to try and to say the least. With different tokens pushing for a position and / or higher on the list. Ever since the conception of the Ethereum blockchain, ERC20 tokens have become the most popular conductor for cryptocurrency-based startups today.
They have been responsible for their fair share of success thanks to this: to generate billions of dollars of transaction activity for a virtually unlimited variety of applications and uses across the spectrum of activities. This list of ERC20 tokens focuses on the highest levels of the market, but fails to scratch the surface of the ERC20 token market.