Tokens and Coins: Understanding Their Key Differences And Practical Uses

Tokens and coins are digital assets with distinct roles in crypto. Coins run on their own blockchains and act as digital money, while tokens exist on top of other blockchains and represent assets, access, or governance rights. Understanding the differences helps with trading, investing, staking, and participating safely in DeFi, NFTs, and DAOs. The post Tokens and Coins: Understanding Their Key Differences And Practical Uses first appeared on The Shib Daily source: https://news.shib.io/2025/10/23/tokens-and-coins-understanding-their-key-differences-and-practical-uses/