It is important to note that all coins and tokens are the term or catageries of cryptocurrencies, but its not important that all coins works or functions like cryptocurrency. The term cryptocurrency is a incongruity since a coind represents the account as well medium of exchange.
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Categories of Cryptocurrencies
1)Alternative Cryptocurrency Coins (Altcoins)
Altcoins simply means that a coins that is the alternative of bitcoin means any coin that build using the same algorithms or technology like bitcoin is called alt coin.The coins available in the market are mostly fork of bitcoin that means they are using bitcoin's open source protocol to build the altcoin.there are 2 kind of fork hard forks and soft forks:some altcoins are hard forked and some are soft forks.
Token is the term that represent particular asset or utility like etherium token represnt ethereum. tokens can represent an asset that is tradable like eth token,with commodity or other currenices i.e. any alt coin.