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A cryptocurrency token is a digital asset built on an existing blockchain network, distinguishing it from cryptocurrencies (like Bitcoin) that have their own independent blockchains. Tokens can represent a wide variety of assets, services, or rights, such as ownership, governance, or access within a specific ecosystem. They are often created by blockchain-based organizations or projects and can be used for various functions, including facilitating decentralized finance (DeFi) mechanisms, accessing platform-specific services, or even in gaming.
Growth Comparison
12 months
-140%
2 years
-119%
4 years
-111%