Did you know?🤔
🤑In the crypto market, coin and token are often confused terms, but they have different meanings. 💥A coin is a cryptocurrency that has its own blockchain, such as Bitcoin or Ethereum. 🔸It is mainly used as a medium of exchange, a store of value, or to pay network fees.
💥A token, on the other hand, is created on top of an existing blockchain, such as ERC-20 tokens on the Ethereum network. 🔸Tokens can represent various types of assets, such as utility, governance, NFTs, or even real-world assets.
✍️Understanding this difference helps investors better evaluate projects and comprehend the role of each asset within the crypto ecosystem.$XRP
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