Token
A crypto asset that runs on another blockchain rather than its own.
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Explained Simply
A token is a cryptocurrency that doesn't have its own blockchain — it runs on an existing one. For example, USDC is a token on Ethereum (and other chains). Coins like ETH and BTC run on their own blockchains. Tokens are created using smart contracts and can represent anything: currencies, governance rights, access to services, or even real-world assets.
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