Recently, Ethereum (ETH)-based experimental token standard ERC-404 tokens attracted the attention of investors with their rise.
At this point, while ERC-404 tokens are experiencing a tremendous rise, investor interest seems to be slowly decreasing.
Because, according to Coingecko data, there has been a significant decline in the ERC-404 sector in the last 24 hours and the general market value has also decreased.
According to CoinGecko data, RUG decreased by 21.6% in the last 24 hours, while PANDORA decreased by 28.9% and DEFROGS decreased by 26.8%.
What are ERC-404 Tokens?
ERC-404 tokens are an experimental standard on Ethereum that mixes ERC-20 and ERC-721 and are not yet part of Ethereum.
ERC-404 tokens have recently become one of the most notable elements of the Ethereum ecosystem.
*This is not investment advice.