Coins are usually termed as altcoins - coins that are alternative for Bitcoin & they all are tagged under one category - cryptocurrencies! Tokens are assets that act even as a payment method but within the concerned project by internal token passing and it holds a value! A token holder gets the right to participate in the concerned event but a coin holder might not get that advantage.

1. Difference between
COIN and TOKEN
TOKEN COIN
Built on existing
Blockchain ?
Network using
smart contracts
Is used for
different
purposes like
DApps or DAOs
When transferring
cryptocurrency,
transaction fees
are lower
Token
denotes what
the holder
possesses.
Digital Asset
Native to its
own
blockchain
Is used as a
means of
exchange and as
a store of value
When transferring
Tokens,
transaction fees
are higher
Coin denotes what
the bearer is
capable of having
or can own.
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