Cryptocurrency Q&A How many ERC20 tokens are there?

How many ERC20 tokens are there?

SoulWhisper SoulWhisper Mon May 13 2024 | 6 answers 1225
Could you please enlighten me on the number of ERC20 tokens currently in existence? It's a topic that's always fascinated me, given the immense popularity and versatility of ERC20 tokens within the crypto ecosystem. I understand that ERC20 is a standard for tokens issued on the Ethereum blockchain, but the specific number is a mystery to me. Is there a way to keep track of this constantly evolving figure? And, might there be any implications or insights we can draw from knowing this number? I'm keen to hear your thoughts on this matter. How many ERC20 tokens are there?

6 answers

SakuraFestival SakuraFestival Wed May 15 2024
ERC-20 tokens are cryptocurrencies specifically tailored by users.

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Giovanni Giovanni Wed May 15 2024
They are created on the Ethereum blockchain.

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KimonoElegantGlitter KimonoElegantGlitter Tue May 14 2024
ERC-20 tokens adhere to the established ERC-20 Token Standard.

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Michele Michele Tue May 14 2024
Currently, there are over 500,000 ERC-20 tokens in circulation.

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Giuseppe Giuseppe Tue May 14 2024
However, most of these tokens have little to no market value.

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