What are the different types of blockchain tokens?

You may be surprised to learn just how many cryptocurrencies there are and how fast the number is growing. There are now more than 12,000 cryptocurrencies, and what’s truly astonishing is the growth rate. The number of cryptocurrencies more than doubled from 2021 to 2022.

Tokens that reside on blockchains include reward tokens, currency tokens, utility tokens, security tokens, and asset tokens .

How many cryptocurrencies are there? Well, according to data from Statista, there are currently more than 9,900 in existence.27 Oca 2022