๐ Whatโs the Difference Between a Coin and a Token? ๐ค๐ก
๐น Coin = Built on its own blockchain (like BTC on Bitcoin, BNB on BNB Chain, ETH on Ethereum). Itโs like the โnative currencyโ of that chain. ๐ช
๐น Token = Built on top of an existing blockchain (like USDT, SHIB, or PEPE). They donโt have their own chain, but they use another one (e.g., Ethereum, BNB Chain). ๐๏ธ
๐ Simple Example:
BNB = Coin โ
SHIB = Token โ
โก๏ธ Next time you check a project, ask yourself: โIs it a coin or a token?โ