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Topic: Most valuable tokens on Ethereum blockchain (Read 140 times)

member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
December 20, 2020, 05:54:41 AM
#13
I thought that was all your coins. Well I've seen LINK all around for a couple of days now, do someone think this could be a really good investment for long term or not?

Yes, I am also skeptical about LINK. It can be the best bet in 2021 looking at its growth. But no one knows if that can happen, right?
No one knows if that will happen or not that's why it's always a good plan to only invest what you can and avoid putting your eggs in one basket, LINK is a good altcoin and there are many more good altcoins out there, diversification is the best way to go about it, Avax and Polkadot are very good too
sr. member
Activity: 1246
Merit: 306
C U
December 20, 2020, 04:05:57 AM
#12
I always have liked the idea of stable coins but i don't really use them alot nowadays, I'm only using real fiat processors. Just imagine what could happen if 2 or 4 of the biggest exchangers gets hacked and they lose these stablecoins, it would be a nightmare! to move to the real decentralization world, we should synch between all the network of tokens and update the ethereum protocol and make it even bigger, the actual Ethereum is failing.
legendary
Activity: 1876
Merit: 1157
December 20, 2020, 02:48:40 AM
#11
  • WBTC: It is an abstract tool to speed up the transfer between Bitcoin and other tokens instead of creating decentralized solutions. No one can graduate your coins so stay away from it.
WBTC is essentially the laziest solution to the problem of bringing more liquidity to the yield generating platforms of DeFi. It essentially targets BTC holders who are not happy with the value of their coins but want to put them to use. We are often told that wealth creates wealth. I guess a lot of Bitcoiners with significant amounts fall prey to this although its not applicable to bitcoin.

What WBTC did was to bring together a group of existing exchanges with skin in the game and everyone just "agreed" that if you send BTC in our custody, we will give you back an ERC-20 token. People on Ethereum chain will accept it for the same value as BTC. Basically an agreement with trusted parties. It solved the liquidity problem with yield platforms.

I dread the day when a much more significant amount crosses over to smaller players in the WBTC DAO. It includes a lot of players i haven't even heard about. So they could easily play the long con or the classic QuadrigaFX  thing.
jr. member
Activity: 68
Merit: 7
December 15, 2020, 04:02:38 AM
#10
Hi,

I would evaluate the first 10 top tokens, see what transactions they have, the total amount that were created and their future project.

https://coinmarketcap.com/tokens/

Regards,
legendary
Activity: 2506
Merit: 3645
Buy/Sell crypto at BestChange
December 15, 2020, 04:01:52 AM
#9
Many of these currencies are either useless or they can be found in another blockchain. Let's take your list for more analysis:

  • Stablecoins: all of them have no value except that they fix prices and achieve profits. Many people use them as an update in the databases on these platforms, and no one person uses them on the chain Network.
  • WBTC: It is an abstract tool to speed up the transfer between Bitcoin and other tokens instead of creating decentralized solutions. No one can graduate your coins so stay away from it.
  • LINK: It might be the best in the list, but as the members above explained, they want to create their own chain.



jr. member
Activity: 82
Merit: 1
December 15, 2020, 03:07:36 AM
#8
I thought that was all your coins. Well I've seen LINK all around for a couple of days now, do someone think this could be a really good investment for long term or not?

With its development and its activities around the cryptocurrency market and ecosystem, I think it's a very long term hold, some are speculating $100 per coin however if you check the TS and CS of over 10 billion units issued, it cause for concerns. However, like earlier stated their solution integration with different blockchain applications is bringing great value to the coin, all the way from under $0.5 to now $12 is actually pretty badass. Wouldn't be surprise too much, many projects are adopting their solutions and it's increasing demands, take for example this classic blockchain casino platform Earnbet and it's proposed ChainlinkVRF integration for smooth Onchain experience, with the huge amount of players already actively using the platform, it won't be surprising to find fresh increased demands for the Link coin.
hero member
Activity: 2142
Merit: 785
Top Crypto Casino
December 15, 2020, 02:36:12 AM
#7
I guess the most valuable token are mostly DeFi tokens. They have exceeded the value of Ethereum itself, which means Ethereum ecosystem is more valuable than Ethereum. In my opinion YFI  is the most valuable token in the ethereum blockchain. There are certainly others but none of them can beat YFI. It has been pumping for quite some times now and at the present moment its USD value is more than Bitcoin.
sr. member
Activity: 626
Merit: 250
http://scientificcoin.com/
December 15, 2020, 01:43:15 AM
#6
There are a lot of BTC on ETH and this number is growing. Looks like people too bored with low BTC TPS
legendary
Activity: 1876
Merit: 1157
December 15, 2020, 01:22:53 AM
#5
I think this misses out on most valuable tokens. LINK is targeting its own chain in the future so they may not remain an ERC-20 for too long. USDT is basically Tether in ERC-20 form. Earlier it was only on the OMNI chain. WBTC is basically gateway to yield farming for BTC holders who want to milk the high but risky APY's that DeFi projects tend to offer initially.

I think the most valuable ERC-20 token currently is YFI from yield headed by Andrje. Not because of the price but simply due to the amount of work and code this team is pumping out. I think this made a fortune for quite a lot of people. It remains to be seen how it handles regulations which are sure to kick in anytime.

hero member
Activity: 2744
Merit: 761
Burpaaa
December 15, 2020, 12:53:49 AM
#4
I thought that was all your coins. Well I've seen LINK all around for a couple of days now, do someone think this could be a really good investment for long term or not?

Most of the crypto project is using smart contract and they need a secure database for it. Chainlink is the biggest oracle network provider in crypto. Most of the project needs there service that's why they can capitalize the oracle industry in crypto. Chainlink is the most promising project so far in crypto due to its used and the potential market for there services is very huge. A great project to invest.
member
Activity: 400
Merit: 15
Crypto Ghost Since 2017
December 15, 2020, 12:36:00 AM
#3
I thought that was all your coins. Well I've seen LINK all around for a couple of days now, do someone think this could be a really good investment for long term or not?

Yes, I am also skeptical about LINK. It can be the best bet in 2021 looking at its growth. But no one knows if that can happen, right?
hero member
Activity: 1470
Merit: 504
December 14, 2020, 12:19:46 PM
#2
I thought that was all your coins. Well I've seen LINK all around for a couple of days now, do someone think this could be a really good investment for long term or not?
hero member
Activity: 1582
Merit: 722
Leading Crypto Sports Betting & Casino Platform
December 14, 2020, 12:03:21 PM
#1
Ethereum provides a handy environment for the the people who want to create their own token in to this blockchain using their smart contract.
There are many tokens on this blockchain some of them are totally useless assets with 0.0000 value and high supply listed on shity exchanges, but some others are pretty valuable and famous.
Here I'll list the top 4 tokens on Ethereum.


USDT
19.8 Billion dollars
===============


LINK
5 Billion dollars
===============


USDC
3.2 Billion dollars
===============


WBTC
2.2 Billion dollars

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