Bitcoin Forum

There are many ERC-20 and ERC-721 tokens on the Ethereum blockchain, each serving their unique purposes in real life. Most of the tokens I've stumbled on the blockchain, have an enormous total supply. As far as I know, none have been able to "mimic" Bitcoin's level of scarcity yet. What I've encountered, is an ERC-20 token similar to Bitcoin called "0xBitcoin" with a total supply of only 21 million tokens. But to my knowledge, there aren't any other unique ERC-20 tokens with their own limited supply or deflationary model like Bitcoin.

Do you know which is/are the most valuable token(s) on the ETH blockchain? A site or resource that would help me keep track of this would prove to be useful. Your input will be greatly appreciated. :)

You can find all tokens here

https://coinmarketcap.com/tokens/

The idea of "most valuable" usually is considering total capitalization   .
So te first would be USDT then chainlink.

i think this token is the most valuable token on ethereum blockchain my friend
an exchange token called HT check this out https://coinmarketcap.com/currencies/huobi-token

USDT is not valuable. The only reason why USDT has value equivalent $1 is because company claims to have equivalent cash reserves. On its own, USDT has zero value just like fiat currency. USDT is not real money, it's just crypto representation of fiat money.

Chainlink is undoubtedly the best implementation of ETH ecosystem and that's why the most valuable ETH token at the moment.

The reason you won't find a token that does not even resemble Bitcoin's model and valuation is because it does not exist. We all know that copy-cats are short-lived and destined to die. If no cryptocurrency comes with a more compelling offer than Bitcoin's then it is likely that BTC will draw more and more "life" out of altcoins. Many people trade altcoins just to fuel their btc stack and not because they've found an intrinsic value in them.

The most valuable token on ethereum blockchain was maker. If you didn't believe it and you should take a look at the development progress that has already made by maker. Maker can be used for a lot of things.

It also helps to stabilize DAI.

Of course USDT is valuable.

If I say that I will give you 1 million USDT now. Do you want it or do you think it is not valuable?

Thinks are simpler than they look like ;)

The most valuable as of now is the Chainlink, this is I have no idea about the project though but it seem like the gateway of PayPal to crypto. The prices today isn't of course just as it is in the next few years. All these will change especially because there are tokens that are undervalued. I'd like to think of the project related to native token exchanges and Defi will have more value in the future.

Money doesn't work that way. There are two ways you can make something valuable. Either increase the intrinsic value or peg the value to something else.

Many cryptocurrencies like Chainlink and ETH have gained intrinsic value over time. Such cryptocurrencies have utility so people are ready to pay money in order to possess these and spend them for particular purpose (like in case ETH, to create smart contracts). The amount of money people are ready to pay for them depends upon how useful and wanted these are in particular ecosystem. The utility is translated into intrinsic value which when added with speculative value gives the market price of these cryptocurrencies.

But in case of latter, i.e. pegged money, there is no direct utility involved. Suppose I create two Ethereum tokens and name them WebbyCoin (WBC) and WebbyStabCoin (WBSC). I keep the supply equals to 10 million for both of them. Now I try paying you 5 million units of WebbyCoin  for a freelancing work, would you accept it? No, right? Then I keep $10 million in my bank account, make the bank account public and tell everyone that these $10 millions represent the value of my WebbyStabCoin. IF you possess WBSC, you actually have share in this $10M. Now, you will gladly accept payment in WBSC. But it doesn't mean WBSC has any value, the value is just representation of $10M that I kept in bank account. If I withdraw money from bank, WBSC's value will instantly become zero.

There are still very many valuable tokens on the ethereum blockchain, but I prefer these two crypto Huobi Tokens and OKB. Because seeing the development of these two tokens, of course the graph is increasing. Of course also accompanied by their exchange.

yeah, you have right, but one thing should be added to this one, if you withdraw money from that bank account, it will be a violation of WSBC protocol, since you have to back stable coin with funds, so if there is no back-up funds, then it has no value
for USDT, you can believe or not that they have back-up, because their bank account is not public, and their marketcap just reached 9 billion USD, putting them as third largest coin in crypto world, if you do not believe in them, it is hard to believe in crypto world as well, because most transactions are based on USDT exchange for other coins, and most pairs are with USDT as well

Before we can all agree that it was BNB. But after having their mainnet, it doesn't belong anymore to the choices.
Maybe in the near future, most of these ERC20 and ERC721 tokens will have their the same motive of making their own chains. The remaining tokens would be the exchanges tokens and others that implement it to their products like Brave browser (BAT).

I guess he only said that because USDT is a stable coin and he cannot make out a profit with it in trading. Or he does not really use USDT that's why he called it not unvaluable.

In ethereum platform although there are tons of shitcoins in it, there are still worth to mention and consider to invest coins on its blockchain like the Chainlink that has been moving good for quite some time now and giving a lot of good returns based on what I saw from its community. If we are talking about the price, there is the MAKER coin that is priced right now for around $500 and its market cap is good for me. If you are a trader and targeting alternative coins, you can also look to PAX GOLD, but its trading volume is too low.

In my opinion the most valuable coins that have huge potential in the future are :
chainlink they have a good list of powerful partners like Google cloud and ConsenSys..
BAT also a good future investment with a good market cap

yes, and that's not a bad choice. even I personally also have a Chainlink and BAT investment. both of these projects are worth investing in the long term. they are good projects, have large partners and a large community.

Chainlink & BAT is a good choice...
companies that work with Chainlink & BAT are not small companies and they certainly see great potential in these two cryptocurrencies. You must put Chainlink & BAT to your investment list.  ;)

if you are looking for coins generated from the unique ERC20 platform and limited supply there are 3 main choices such as:
1. USDT
2. BNB
3. Chain Link
complete here: https://etherscan.io/tokens (https://etherscan.io/tokens)

but if it's about a deflationary model like Bitcoin. I've never found it. if anything, I don't think it will be exactly the same as BTC in any aspect.
and this is the reason why BTC is the king of all coins, because there is no one coin that can replace it.

Ok.. but create smartcontracts isn't the purpose of Ether (ETH).

Eth is the fuel of Ethereum network. It is used just as a currency to pay for processing power in the network.

It fuel transactions of tokens and dapps, which run smartcontracts. It is the currency used to pay the processing power of this "world computer". Its value comes from the high demand for that processing power.



I don't agree with any of that. If you say your newly created token is pegged to your bank account it will still be worthing zero, because no one trusts you. You can at any time withdrawal all your money from that bank account and pay no one.

Stable coins is simple put just a private debt. You decide to lend money to Bitfinex or Coinbase because you trust them. In return, you receive a token which they promise to pay back 1usd for each at any time.

Many people around the world trust them, this is why there are nearly 9 billion USD already borrowed to Bitfinex. It is valuable because of its high market cap, issuer credibility, and so on.

If you say you will pay back 1 usd for each WBSC, probably nobody will buy it for more than 0.01 usd.  At least I wouldn't. Your coin would still be worhtless no matter how much you promise because you need to have a minimum credibility to ask for someone else's money.

Just my 2cc.


Bitcoin is not deflationary. At least not yet ;)

i think USDT is a stablecoins so the value will remain stable thats mean this is not in category
about BNB now this alts run on its own chain, thats mean this is not a token on eth blockchain anymore
maybe chainlink is the most valueable token on eth network for now

Depending on which side we see the valuable.
If in terms of price maybe yes can not be called valuable because USDT is a stable coin, but when viewed in terms of volume USDT is very valuable.

If we are basing our valuation on price, market cap, and ranking here is the top 3 for projects using eth blockchain.

• Hedgetrade
• Maker
• Basic Attention token

No other reasons why these list should not the valuable erc20 tokens they are on top. Someone that will argue its not, then define valuation. Usdt has erc20 variation but we cant deny that they still have omni variance and there are still circulation of it on the market.

Most of the tokens are belongs to ethereum out of the crowded pool some tokens really looks promising like Chainlink which has been pretty strong than the previous bull run, Kyber which also stepped in to the DEFI, Matic and some exchange tokens like OKB will make a good choice in the ETH family

Why do you think like that? They claim 1 USDT = 1 USD and they need to have enough corresponding USD to make their statement valid. And if USDT didn't have the value as you said it would have collapsed long time ago

I don't know what does "valuable" means to you OP but if you are into mining, then Ethereum Classic would probably your best bet which you can find here (https://whattomine.com/) that it is at the top spot.

If you value trading fiat to Bitcoin, then USDT would be your best bet. If you want to invest in a stablecoin that moves in price, then GOLD would be your bet.

If you just want to invest into an altcoin that is on Ethereum chain, then why not invest in Ethereum instead?


I'm not even surprised that USDT would be number one as it is probably the most used stablecoin when exchanging Bitcoin to dollars. Almost all exchange have USDT. Not to mention they have a lot pf partnership that supports them.

Thanks for sharing this, mate. Based on market info, it seems that PAX Gold is the most valuable token on the ETH blockchain followed by Maker. I guess that their limited supply is what makes them valuable. PAX Gold is based on the value of real Gold, while Maker is totally independent from real world assets. It's interesting to know that Maker serves as a liquidity mechanism for DAI tokens on the ETH blockchain. If it goes all the way down the drain, DAI could lose its stable price of $1 USD per coin.

The USDT token is not valuable but rather the top ETH token in market cap. It's been like that for quite some time, considering that Tether is the first stablecoin ever created (AFAIK) in the Blockchain space. Chainlink is quite an interesting token that could take the world by storm. I remember when it was a lot cheaper than what it is right now. At least, tokens like Maker and Chainlink truly deliver as promised. It's not about which ETH token is valuable, but rather if a token is useful for the mainstream world. With that, comes mainstream adoption bringing lots of success to tokens on the ETH blockchain. :)




I can see that. I didn't know that Maker was used to stabilize DAI, until now. Made some research about it and looks like a promising token worth investing for the long term. With Maker, we have two types of stablecoins: Single Collateral DAI (SAI) and Multi-Collateral DAI (DAI). The team continues to provide innovation in the De-Fi space. I believe that Maker greatly resembles Bitcoin with its limited supply. Who knows if your investment in Maker makes you wealthy in the future? If the project continues to be a success, I don't see a reason why Maker shouldn't rise to new ATHs in price. I've been saving some DAI over at Compound.finance and I'd say that De-Fi is quite revolutionary. It's like banking but without the middleman. Both Maker and Chainlink are very promising tokens on the ETH blockchain that could become a lot more valuable in the future. ;)

The token Houbi Exchange seems potential to me. Their plans are amazing and have a bright future. It maybe the most valuable token of Ethereum Blockchain. But it also has some other potential tokens on the Blockchain.

According to Etherscan data, 224.5 thousand ERC-20 tokens have been created on the Ethereum platform to date. Most of this number is probably long abandoned. However, many of them have been working great for years, including USDT, BNB, MKR, VEN, BAT, ZRC, OMG, DAI etc. Recently, we have especially been observing the creation of exchange tokens dedicated for exchanges - LEO (Bitfinex) or HT (Huobi).

Usdt is the most valuable coin on ERC20 blockchain that I knew, followed by chainlink I guess, there is also Maker who has insane value per one, Erc20 smart contract is a very useful blockchain no matter what, no wonder developers still prefers erc20 over other competitors

UDST is often considered a stable coin because it almost has something in common with the dollar. yes although there are still some differences, especially regarding the dollar and cryptocurrency. however USDT can be said to be a stable coin which is suitable for BTC trading pairs.

I agree. Chainlink has made a lot of partnership with other ethereum erc20 token projects while maker is the king of dApps. But still the last crash last March makes them bleed due to high liquidation that they experienced.

I am watching maker and holding some, I have a feeling that this project could be more closer to ethereum marketcap in the future.

Usdt has recently been into eth blockchain so I dont considered them as biggest crypto on eth, they uses omni blockchain and decided to transfer to eth.