Sometimes we are suppose to make a research before engaging in discussion properly, but I want to read and understand what is a coin and what is a token, because some of our people doesn't know and also care to read up the difference between token and a coin, because some of our people misunderstood and also contradict the difference between a token and coin, for English board many other people do same mistakes of contradictory what is a coin and token, for any discussion that relates with coin or token you will see it like say it is a token, so with this threads it will be helpful for all of us who is a newbie that is trying to know about cryptocurrency to know a cryptocurrency and it's Categories.
A coin :
According to my research and what I have being reading in Internet about coin, now it breaks it down that a coin is a cryptocurrency and it's independent in blockchain technology. While A token is not independent in blockchain technology, a token can say to be a digital currency that only operates in existing blockchain instead of standing out on their own, and token can stand on their own when the project have become massive and have influence in the market and it's the time it will become a coin and it will be independent on a blockchain technology. Some people doesn't know that some of the altcoins we know now was once a token and some people wasn't aware of it, some of the tokens that later get their grand as a coin is, ethereum, BNB even tron.
sources Let us be aware of coins we invest, because so many of altcoins we invest and believing that they are recognised to invest, most of them is a token that have never own it's ownership in blockchain so they liable to die young in the market of crypto as world health says smokers are liable to die young, just be aware before a token turn to a coin is hard and some of the altcoins we buy is a token, we have to be serious for investigation of altcoins before we buy, this topic brought you the difference between a coin and a token because some people uses token as a coin which is improper, why token is not independent on its blockchain.