Are ERC20 tokens worth anything?

There are currently around 364,000 ERC-20 tokens in existence. The value of token basically depends on supply and demand – the most valuable ones are Binance Coin (BNB) with a market cap of $39 billion, Tether (USDT) with a market cap of $35 billion, and Chainlink (LINK) with a market cap of $10 billion.5 Şub 2018

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Is Ethereum a utility token?

A utility token is a type of token that has a specific use case. Most of these tokens are created on an existing blockchain like Ethereum — the applications that these tokens are used for are created using Ethereum smart contracts, and the token then runs atop the Ethereum blockchain.22 Ara 2021

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