After its release in 2015, Ethereum Chain has been one of the most important driving forces in cryptography. The platform has seen the growth of innovative DApps and DeFi projects. However, their ERC 20 tokens are amazing. This is basically a technical or quality standard that all Ethereum based tokens must meet. Take a look at some highlights below:
ERC 20 tokens are governed by a set of fixed rules that determine how they can be transferred, validated, and stored. All ERC 20 tokens are built and powered by the Ethereum blockchain, but can be traded on multiple chains. A large percentage of cryptographic tokens released in recent years are largely ERC 20 tokens.
For traders looking for the best and perhaps most popular ERC 20 tokens, here are two names you probably didn’t know are based on this pattern.
Shiba Inu (SHIB)
Shiba Inu (SHIB) was the guide of 2021 without a doubt. The meme currency, which was launched as the Ultimate Dogecoin Killer (DOGE), soared in value, ranking one point in the top 10 cryptographic assets by market capitalization.
While SHIB remains a speculative asset with very little intrinsic value, it turned people into millionaires in the past year. This is also an ERC 20 token, and at the time of this writing the SHIB was selling for $0.00003394. The currency also has a market capitalization of $18.6 billion.
Chain link (LINK)
Unlike Shiba Inu, Chainlink (LINK) is really an excellent investment with very decent underlying fundamentals. It’s basically a smart contract blockchain layer that allows for universally interconnected contracts.
LINK, its native token, is an ERC 20 currency and is among the top 20 currencies in terms of market capitalization. At the time of this writing, LINK was selling for $22.51 with a market capitalization of about $10.5 billion.