What is Crypto Coin? Definition
Cryptocurrency Coin is representing a store of value that lives on a given blockchain or Cryptocurrency network, sometimes blockchains have the same name for both the network and the coin such as BITCOIN.in other word the Meaning of Cryptocurrency Coin is the smartest way a digital Company presenting them self to investor for opportunity of investment.
How many Cryptocurrencies Coin or type of Coin Exist World wild
According to well know cryptocurrency platforms called Coinmarketcap, there is over 21.452 cryptocurrency world wild for the moment we are writing this article and each one of Hase a coin.
What is the Type of Crypto Coins?
According to our research, there is 6 types of Cryptocurrency coin world wild,
We have Groupe of Coin called Gold 2.0 or store of Value for Example: Bitcoin
We have Groupe of Coin called big cap, utility coins & smart contracts for Example Ethereum, Binance Coin, Solana, Cardano, XRP, Polka dot, Elrond, Crypto.com, Polygon, Chainlink, Vechain, Algorand, Hedera, Cosmos, and AMP.
We have Groupe of Coin called Defi (Decentralized Finance) for Example, Avalanche, Terra, and Aave
We have Groupe of Coin called NFT (Non-fungible Coin) for Example Theta, Tezos, and Chiliz
We have Groupe of Coin called the Metaverse Coin for Example Axie Infinity, Decentraland, The Sandbox, and Enjin Coin
We have Groupe of Coin called lower cap markets for Example Singularity NET SDAO, Zilliqa
and last but not least, we have Meme coins for example: Shiba INU and/or Doge Coin
What is the Difference Between Coin and Token?
Coin: cryptocurrency coin is the native or original asset for digital asset, meaning the real project share in the market for example BITCOIN and Ethereum or BNB.
Tokens: for better understanding tokens are consider like any project that was build using coin platforms via smart Contract.
the answer to that question is Coins are native share of blockchain or a company representative while token was built upon Coin, there are running using Coin platforms or smart contract.
Make sure you do your own research to stay updated. This is a quick reference guide to what they are at the time we wrote this blog post.
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