Ethereum

Uniswap

Manta Network

April

<p>ERC-20 tokens are standardized tokens used on the <a href="https://coingape.com/price/ethereum/" rel="noopener noreferrer nofollow">Ethereum</a> blockchain, ensuring compatibility and adherence to rules for developers creating tokens via smart contracts. These utility tokens serve various purposes within the Ethereum ecosystem and can be stored in ETH wallets, sent to Ethereum addresses, and represent ownership of assets created through smart contracts. Operating primarily with smart contracts, ERC-20 tokens support trustless transactions, governance voting rights, staking rewards, and participation in <a href="https://coingape.com/glossary/defi-decentralized-finance/" rel="noopener noreferrer nofollow">DeFi</a> applications, blockchain gaming, and <a href="https://coingape.com/tag/non-fungible-tokens/" rel="noopener noreferrer nofollow">NFT</a> trading exclusive to Ethereum. Ethereum’s support for ERC-20 tokens has been crucial in the rise of <a href="https://coingape.com/glossary/decentralized-applications-dapps/" rel="noopener noreferrer nofollow">dApps.</a> With over 400,000 ERC-20 tokens on Ethereum, some stand out for their innovative solutions and potential investment growth. In this article, we will discuss the best ERC tokens to buy in April.</p>
<h2 id="strong-1-ethereum-eth-strong"><strong>1. Ethereum (ETH)</strong></h2>
<p>Ethereum, the leading platform for <a href="https://coingape.com/glossary/erc-20/" rel="noopener noreferrer nofollow">ERC-20</a> tokens, was founded by Vitalik Buterin in 2015 and introduced smart contracts. The network transitioned to proof of stake in 2022, reducing energy consumption and improving scalability. Ether (ETH) is its native cryptocurrency, <a rel="noopener noreferrer nofollow" href="https://coinmarketcap.com/currencies/ethereum/" target="_blank">second</a> only to Bitcoin in market capitalization. The implemented Duncun upgrade in 2024 will enhance scalability through Proto-Danksharding, solidifying Ethereum’s central role in the blockchain ecosystem.</p>
<p style="text-align: center;"><img decoding="async" class="aligncenter size-full wp-image-194084" src="https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-011824.png" alt="Ethereum (ETH price market performance" width="2550" height="1194" srcset="https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-011824.png 2550w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-011824-300x140.png 300w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-011824-1224x573.png 1224w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-011824-768x360.png 768w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-011824-1536x719.png 1536w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-011824-2048x959.png 2048w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-011824-150x70.png 150w" sizes="(max-width: 2550px) 100vw, 2550px"></p>
<p>Currently Ethereum is priced at $3,247.05 with a 3.13% increase in the past day, defying market fluctuations. It has shown 3.20% growth over a week but experienced an 8.72% decrease in the past month. Although the token has witnessed short-term challenges it has recorded impressive growth of 69.74% in the long term. ETH ranks as the second largest cryptocurrency, boasting a market cap of $396.3 billion, according to CoinMarketCap. In the past 24 hours, the trading volume of the token reached $396.3 billion.</p>
<h2 id="strong-2-uniswap-uni-strong"><strong>2. Uniswap (UNI)</strong></h2>
<p><a href="https://coingape.com/price/uniswap/" rel="noopener noreferrer nofollow">Uniswap</a> (UNI), a decentralized exchange protocol on Ethereum since November 2018, uses automated market maker systems and liquidity pools to set prices. UNI’s token is key to governance, and its AMM protocol and community governance model make it a top ERC-20 token for investment in 2024 due to its adaptability, security, and decentralized nature.</p>
<p style="text-align: center;"><img decoding="async" class="aligncenter size-full wp-image-194085" src="https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-012851.png" alt="Uniswap price market performance" width="2558" height="1253" srcset="https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-012851.png 2558w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-012851-300x147.png 300w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-012851-1224x600.png 1224w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-012851-768x376.png 768w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-012851-1536x752.png 1536w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-012851-2048x1003.png 2048w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-012851-150x73.png 150w" sizes="(max-width: 2558px) 100vw, 2558px"></p>
<p>Uniswap (UNI) is a strong presence in the world of decentralized finance, providing a decentralized exchange platform to users. Trading at $7.94, UNI has experienced a significant 3.36% increase in the last day, showcasing its skill in handling temporary market changes effectively. Throughout the week, it has shown consistent growth of 1.00%, with its performance in the last month standing out with an impressive 35.63% rise in value.</p>
<p>Uniswap is placed 23rd in terms of cryptocurrencies with a market cap of $4.75 billion, showcasing its market significance through a trading volume of $125.77 million in the past 24 hours. The balanced market environment is maintained by the token’s supply dynamics, which include 598,736,140 UNI tokens in circulation.</p>
<h2 id="strong-3-manta-network-manta-strong"><strong>3. Manta Network (MANTA)</strong></h2>
<p style="text-align: center;"><img decoding="async" class="aligncenter size-full wp-image-194087" src="https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-015511.png" alt="Manta Network (MANTA) price performance" width="2635" height="1299" srcset="https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-015511.png 2635w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-015511-300x148.png 300w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-015511-1224x603.png 1224w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-015511-768x379.png 768w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-015511-1536x757.png 1536w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-015511-2048x1010.png 2048w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-28-015511-150x74.png 150w" sizes="(max-width: 2635px) 100vw, 2635px"></p>
<p><a href="https://coingape.com/blog/is-manta-network-worth-the-hype/" rel="noopener noreferrer nofollow">Manta Network</a> is the web3 modular ecosystem. Individuals have the ability to create and launch decentralized applications on Manta, which are based on Solidity, and can make use of its technology platform to achieve quicker transaction speeds than an L1 and reduced gas expenses compared to an L2.</p>
<p>The current price of Manta Network is $1.79, having experienced a 3.24% increase in the past day, signaling its adaptability to short-term market movements. With a market capitalization of $448.75 million, Manta Network occupies the 148th position among cryptocurrencies, according to <a rel="noopener noreferrer nofollow" href="https://coinmarketcap.com/currencies/manta-network/" target="_blank">CoinMarketCap</a>.</p>
<p>Despite a slight decrease in 24-hour trading volume, which stands at $36.58 million, MANTA maintains a healthy volume-to-market cap ratio of 8.17%, reflecting a robust level of liquidity and investor interest.</p>
<h2 id="strong-conclusion-strong"><strong>Conclusion</strong></h2>
<p>ERC-20 tokens play a vital role in promoting innovation and decentralization within the financial industry by operating on the Ethereum blockchain. The Ethereum community’s strength has fostered the growth of these tokens, enabling diverse uses and creative projects to succeed. While we explore the changing terrain of blockchain technology, the ongoing growth and acceptance of ERC-20 tokens indicate a bright future for decentralized finance and blockchain applications.</p>
<p>&nbsp;</p>
<p>The post <a href="https://coingape.com/blog/top-erc-tokens-to-buy-in-april/" rel="noopener noreferrer nofollow">Top ERC-20 Tokens To Buy in April</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.</p>

Top ERC-20 Tokens To Buy in April

Table of Contents

Coingape News Media

Other articles published on Apr 28, 2024

zkSNACKs Exits U.S Market Amid Ongoing Regulatory Issues

Cryptos Set for a Bullish Turn According to Key Technical Indicators

Exploring Dogecoin’s Market Trends and Predictions

Crypto Headlines Of The Week: Ripple, Binance & Shiba Inu Steal Spotlight

Io.net Responds Swiftly to Cybersecurity Breach

Crypto Total Market Cap Projections Spark Enthusiasm in Altcoin Community Spotlight on Verasity (...

Join our free newsletter for daily crypto updates!