What is the difference between fungible and non-fungible tokens?

First, let’s see what is the meaning of a fungible token. A fungible token is a type of asset which is non-exclusive, meaning that anyone can have the same kind of asset which can be traded normally. Then, what is an example of a fungible token? In the digital world, it refers to cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), BNB, and many more.

Thus, as mentioned, the difference between fungible and non-fungible tokens is apparent. A valuable and artistic piece of NFT cannot be compared to cryptocurrencies in terms of uniqueness and ownership right.