Contest Alert 📢: S4B Crypto Contest - Season 11

Hello steemian friends how are you doing I hope all is well? Today I will be partaking in the crypto contest organised by @waqarahmadshah here in thd Steem4Bloggers community.

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Though at first I never really knew that coin and token in the realm of cryptocurrencies are different, but all thanks to this contest I did my research and I found out.

The main difference between crypto tokens and coins is just that crypto coins are independent or should I say have their own personal independent blockchain while crypto tokens are built on an existing blockchain.

Yes, in a normal sense crypto tokens represent assets as well as their interests at the same time facilitate some certain transactions on the blockchain.

While crypto tokens are primarily minted to be use specifically as a currency which can be used in carrying out transactions.

For what is what it is important to note that bitcoin being the most valuable cryptocurrency on the blockchain is a coin which can be used as a currency in buying and selling or initiating any kinds of transactions.

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Generally between tokens and coin the ones that has the highest volatility when it comes to the increase and decrease in the price is none other than coin.

Yes coins has the highest volatility rate as compared to tokens and some of the coins with high volatility are ZZERC, TAMA, TTNSR
& EVA.

^{This will be where I'm going to call it a day and I will like to invite
@jalil654
@mueeinislam
@nuraini1975}