Top 5 Ethereum Tokens To Watch In This December; Here’s List

Ethereum ($ERC) is one of the most popular blockchains in the world. Currently, Ethereum smart-contract network is valued at more than $500 billion and supports over 3,500 decentralized apps. Each project has its own token and ecosystem that are unconnected to the price of ether. The Ethereum blockchain has been used to power some of the most significant cryptocurrency initiatives. After the successful completion of the Merge dApps and issued currency on the network have grown in a huge number. In this article

With the successful completion of Ethereum’s merger, the number of platforms, dApps, and currencies issued on its blockchain will continue to grow. Unfortunately, there are so many now that it might be difficult to keep track of them all. In this article To assist, we’ve created a list of the top 5 Ethereum Tokens in the market right now, that might be an excellent addition to any cryptocurrency portfolio.

Tether USD

Tether’s current price is $0.999741 USD, and the 24-hour trading volume is $34,541,591,912 USD. Tether has increased by 0.01% in the previous 24 hours. With a live market cap of $65,345,719,909 USD. The circulation supply is 65,362,681,003 USDT coins, and the maximum supply is not known. Tether is one of the Ethereum network’s first and most prominent stablecoins. The $70 billion project is priced in USD currency and secured by cash, cash equivalents, and other asset reserves.

Shiba Inu ($SHIB)

Shiba Inu is a decentralised cryptocurrency named after a Japanese dog breed. It was created in 2020 by an anonymous developer named Ryoshi to test what would happen if a cryptocurrency was completely governed by the community.

Shiba Inu is generally regarded as a Dogecoin-compatible Ethereum alternative. It is also classified as a’meme’ coin, and like the majority of others in this category, SHIB is deliberately overabundant. One quadrillion coins are available upon launch. Although SHIB is the most well-known token on the platform, the Shiba Inu ecosystem also includes LEASH and BONE.

The latest Shiba Inu price is $0.000009 USD, and the 24-hour trading volume is $140,072,813 USD. Shiba Inu has increased by 0.47% in the previous 24 hours. The live market cap of $4,977,162,770 USD. The circulation supply is 549,063,278,876,302 SHIB coins, and the maximum supply is not known.

Aave (AAVE)

The Aave platform connects crypto borrowers and lenders without the use of a middleman. It accomplishes this through the use of a smart contract mechanism that executes software-based transactions automatically.

Users must provide collateral before borrowing on this site, like with many other decentralised lending systems. They deposit their cryptocurrency in a liquidity pool, which is then lent out to others. They can’t borrow more than they put in, so if they can’t pay back, the platform just keeps the deposit.

Aave’s current price is $62.20 USD, with a 24-hour trading volume of $67,711,380 USD. Aave has increased by 4.52% in the last 24 hours. With a live market cap of $876,550,106 USD.There are 14,093,193 AAVE coins in circulation, with a maximum supply of 16,000,000 AAVE coins.

Chainlink ($LINK)

This is a cryptocurrency and technology platform that enables non-blockchain companies to create secure to blockchain platforms. Chainlink is a middleware platform that connects smart contracts built on blockchain to other data sources.

The current price of Chainlink is $7.36 USD, with a 24-hour trading volume of $472,580,266 USD. Chainlink has increased by 8.02% in the previous 24 hours.  The live market cap of $3,737,005,758 USD. There are 507,999,970 LINK coins in circulation, with a maximum supply of 1,000,000,000 LINK coins.

Loopring (LRC)

Loopring is a protocol that allows you to build a non-custodial order book-based DEX. Its main selling point is that, despite being built on Ethereum, it has developed a ‘layer 2’ technology that allows for substantially faster transaction fees and reduced expenses.

It accomplishes this through the use of zero-knowledge proofs and a scaling technique known as rollups. These are referred to as ZkRollups, and they allow Loopring to finish some calculations off the Ethereum network while remaining secure.

Loopring’s current price is $0.239355 USD, with a 24-hour trading volume of $24,260,605 USD. Loopring has increased by 3.40% in the last 24 hours. , The live market cap of $318,374,514 USD. It has a total quantity of 1,374,513,896 LRC coins and a circulating supply of 1,330,133,546 LRC coins.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.