diff --git a/ui/shared/entities/token/TokenEntity.tsx b/ui/shared/entities/token/TokenEntity.tsx
index dc1cfcaebe..d7cd9f7500 100644
--- a/ui/shared/entities/token/TokenEntity.tsx
+++ b/ui/shared/entities/token/TokenEntity.tsx
@@ -57,6 +57,7 @@ const Icon = (props: IconProps) => {
       src={ props.token.icon_url ?? undefined }
       alt={ `${ props.token.name || 'token' } logo` }
       fallback={ <TokenLogoPlaceholder { ...styles }/> }
+      fallbackStrategy={ props.token.icon_url ? 'onError' : 'beforeLoadOrError' }
     />
   );
 };