Most valuable token on the ETH blockchain?

[bgaf]

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.

[plast555]

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

[gweedo]

You can find all tokens here

https://coinmarketcap.com/tokens/

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

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.

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

[meanwords]

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 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?

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'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.

[Abiky]

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.

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.

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.

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.

[Fatemablabla]

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.

[Skieleton]

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).

[BitKongy]

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

[Baimovic]

i think USDT is a stablecoins so the value will remain stable thats mean this is not in category

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.

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.

[minairia3]

Both Maker and Chainlink are very promising tokens on the ETH blockchain that could become a lot more valuable in the future.

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 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

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.