Cryptocurrencies are digital currencies that may be traded on blockchains such as Bitcoin. In contrast, a crypto token which will be developed by Token Development Company is a kind of digital asset created on a blockchain that often represents resources or services, like NFTs. A token creation business that specializes in producing tokens for various applications, such as asset representation and governance, is responsible for creating these tokens. Not every cryptocurrency is utilized as a medium of trade, even if they are all tokens.