The main difference between tokens and Coins is that coins have their own blockchain network and can operate independently. Whereas tokens are built on top of an existing blockchain network and depend on that network to operate.

Coin Example:

Bitcoins

Ethereum

Binance

Solana

Token Example:

Shiba Inu (under ETH network)

Cake (under BnB network)

Bonk (under the Solana network)