When an asset is fungible (like the U.S. dollar), it can be exchanged with others of the same type with no change in value of usability. Fungibility is the property of being exchangeable for other ...
A representation of an asset on a blockchain that is interchangeable. Cryptocurrencies are the prime example of fungible tokens because each coin has the same value as any other coin of the same ...
Fungible is another word for interchangeable. Bitcoin BTC, ether, and solana are fungible tokens because they are all the same. It should make no difference to a buyer which one he or she owns.