Creating your own token can be a complex process involving several factors, so the cost can vary significantly. There is no one-size-fits-all answer to the question of how much money is needed to create a token, as it depends on several factors, such as:
1. Token Type:
- ERC-20 tokens: These tokens are based on the Ethereum network and are relatively easy to create, with low initial costs. The main cost is related to Ethereum network gas fees, which vary depending on network congestion.