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A comprehensive guide to crypto token

Did you know that one of the world’s most well-known cryptocurrency token collections is worth over $2 billion? This number is still increasing and doesn’t seem to be slowing down anytime soon!

Tokens for cryptocurrencies, often known as crypto tokens, are now a crucial component of the crypto industry. Although they are digital currencies, they are not the same as crypto coins. Instead, utility tokens and NFTs (non-fungible tokens), traded for millions of dollars, have given crypto tokens an entirely new meaning. Then again, what are utility tokens? What is NFT? What distinguishes crypto coins from crypto tokens, exactly?

You may find the answers to all of those queries in this article. Let’s start with defining crypto tokens.

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