Utility
Utility tokens power platforms, granting access, discounts, or specific functions within an ecosystem.
Top gainers this week
Top losers this week
7 days at the top this week: $NPC is dominating the category
$RTX fell 1,148 places this week
Down 1,072 places this week, $DARK is losing steam
Up 1,045 places this week, $FIREUM is gaining ground
Weakest this week: $EVE bottomed out at a 0 gem score
$NPC · 82 gem score this week
862 tokens rose and 1170 fell this week
$BPAD -1,143 places this month
@EnaGovernance+2•18$ARK loading… 🚀
When conviction meets innovation, narratives get strong.
If the vision is clear and the community’s locked in, $ARK could sail through volatility.
Build. Hold. Believe. 🌊
Frequently asked questions
How has Utility performed recently?
The Utility token category has seen mixed performance across its tokens over the last 7 and 30 days. Over the past week, 861 tokens were up and 1170 were down, with Non-Playable Coin (NPC) leading with a 7-day streak. Fireum Project (FIREUM) was the top climber, showing a 317.6% score increase. In contrast, RateX (RTX) was among the largest fallers, with its score decreasing by 65.3%. Looking at the 30-day window, 1110 tokens were up and 921 were down, indicating a slightly more positive breadth. Non-Playable Coin (NPC) continued its strong performance with a 16-day streak, and Opal (OPAL) emerged as the top climber, with its score surging by 534.8%. Hot Cross (HOTCROSS) was a significant faller over the 30-day period, experiencing a 68.4% score decline. HEX (HEX) currently holds the highest score at 86.1422, while Everstrat (EVE) has the lowest score at 0.0 over the 30-day period.
What is a utility token?
A utility token is a cryptocurrency designed to provide access to a specific product or service within a blockchain ecosystem. It is not intended as an investment but as a means to interact with a platform.
How do utility tokens differ from security tokens?
Utility tokens provide access to a service or product, while security tokens represent ownership or an investment in an underlying asset, similar to traditional securities. The regulatory classification often depends on the specific characteristics and how the token is offered.
What are common uses for utility tokens?
Utility tokens can be used for various purposes, including paying for network fees, accessing exclusive features, staking for rewards within a platform, voting in governance decisions, or receiving discounts on services.
Can utility tokens appreciate in value?
While the primary purpose of a utility token is to provide access to a service, its market value can fluctuate based on the demand for the underlying platform or service, overall market sentiment, and tokenomics. However, they are not primarily designed as investment vehicles.
Are utility tokens regulated?
The regulatory status of utility tokens varies across jurisdictions and depends on their specific features and how they are offered. Some may fall under existing securities laws if they are deemed to have investment characteristics, while others may not.