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09/20 12:23

What makes a token "fungible" vs "non-fungible"?

What exactly distinguishes a "fungible" token from a "non-fungible" one? Is it merely the ability to interchange them, or are there deeper implications regarding their value and utility in the crypto space? I find it perplexing how these definitions impact market dynamics and user perceptions. Can someone clarify this for me?
#Crypto FAQ
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