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What is a crypto token?
Token: A digital coin on a blockchain such as Solana that people buy and sell like a share.
Anyone can create a new Solana token for a few dollars, most often on pump.fun. Most of these are meme coins: they have no value apart from the attention they get. The price goes up when people buy and down when they sell. MemeSonar sees thousands of new tokens every day and tries to find the rare ones that grow while filtering out scams.
Example
FARTCOIN, USELESS and TRUMP are tokens. Each has its own contract address that tells it apart from copies with the same name.
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