🪙 What Is a Crypto Token? 🤔
A crypto token is a digital asset built on a blockchain that represents value, utility, or even ownership.
🔍 Types of Tokens:
Utility Tokens 🔧 – Used to access features in an app (like $BNB on Binance).
Security Tokens 🛡 – Represent shares or assets like stocks.
Governance Tokens 🗳 – Allow users to vote on project decisions.
Meme Tokens 😂 – Just for fun, like $DOGE or $PEPE , but can gain real value!
💡 Tokens ≠ Coins Coins (like BTC or ETH) have their own blockchain.
Tokens use another blockchain (like ERC-20 tokens on Ethereum).
📈 Why Do People Buy Tokens? ✅ Investment
✅ Access features
✅ Support a project
✅ Trade for profits
⚠️ Remember: Not all tokens are legit. Always DYOR (Do Your Own Research)!