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What is the difference between a coin and a token?

Market cap represents the market share of a coin or token, so the higher the crypto rank, the more dominant it is in the crypto market. Altcoins are every other cryptocurrency created after Bitcoin, and they can be coins or tokens. Coins are native currencies to the blockchain, while tokens are cryptos built on the blockchain.

How do cryptocurrency tokens work?

Unlike coins, developers do not build cryptocurrency tokens directly into the blockchain. Instead, they create tokens as cryptocurrencies using smart contracts on a blockchain. The logic for what “qualifies” as a token and governs its behavior depends entirely on the developer that creates it.

Where can I find the best cryptocurrencies?

Explore top cryptocurrencies with Crypto.com, where you can find real-time price, coins market cap, price charts, historical data and currency converter. Bookmark the Price page to get snapshots of the market and track nearly 3,000 coins. Use the social share button on our pages to engage with other crypto enthusiasts.

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