competition between them I think follow the token etherium and bitcoin
if both are down then everything will go down too but if both go up then everything will go up.
but that is seen from the movement between the two.

The main difference between altcoins and tokens is in their structure; Altcoins are separate currencies with separate blockchain, while Tokens operate on a blockchain that facilitates the construction of hierarchical applications.

The main difference is the way they are structured. They have a few difference which i will mention below.

Altcoins are a digital currency similar to Bitcoin, and the term stands for alternative to Bitcoin. altcoins are created by diverging from Bitcoin consensus rules or by developing a new cryptocurrency from scratch. Most popular altcoins use the same fundamental building blocks as Bitcoin. This approach is relatively easy to carry out because Bitcoin is a free, open source platform. When an altcoin forks at the blockchain level, an alternate system of consensus rules must be used and the coin will have an entirely different distributed ledger. The same is true for altcoins built from scratch. Some altcoins have different monetary policy rules built into the currency to encourage different uses and treatment. Policies such as minimum spend, or positive or negative interest on coins stored, can encourage or discourage hoarding. Policies for coin mining may function differently from Bitcoin, as may the number of coins paid out per new block mined. While some altcoins can be attempts to enrich founders and offer little new, many have found niches because of way their differences encouraged new miners and uses. Since Bitcoin's inception there have been upwards of 500 altcoins created. Litecoin, Dogecoin, Blackcoin, Freicoin, Peercoin, Vericoin, Myriad, NXT are just a few examples of altcoins.

Tokens are a representation of a particular asset or utility, that usually resides on top of another blockchain. Tokens can represent basically any assets that are fungible and tradeable, from commodities to loyalty points to even other cryptocurrencies. Creating tokens is a much easier process as you do not have to modify the codes from a particular protocol or create a blockchain from scratch. All you have to do is follow a standard template on the blockchain - such as on the Ethereum or Waves platform - that allows you to create your own tokens. This functionality of creating your own tokens is made possible through the use of smart contracts; programmable computer codes that are self-executing and do not need any third-parties to operate. Tokens are created and distributed to the public through an Initial Coin Offering (ICO), which is a means of crowdfunding, through the release of a new cryptocurrency or token to fund project development.

You have a point.For me they differ for the groups and which is might be more directed to bitcoin.In the group altcoin was nearly been apart from bitcoin in terms ofranking.Then the tokens was a next level of grouping bit they bought interesting as a crypto world process.

Never thought that the two are really different. I consider Altcoin as those coins other than Bitcoin and Token are those coins that are used in ICO's or coins that are not in the market or exchangers yet. Thank you for making this thread, its quite informative for someone like me.

yes, I guess this is just your opinion. basically the altcoin and token are the same. the basic equation is derived from crypto.
there are many different opinions, I do not bother with the choice of people to say it.

you can treat all of them as cryptocurrencies.

tokens are the ones that apply on another blockchain like NEO, ETH LSK etc which are alts since they have their own Blockchain.

Atcoins and token are mistakenly used  interchangeably by most people but there is a difference between the two crypto currencies .The main difference between them is in their structure altcoins are separate currencies with their own separate blockchain while tokens operate on top of blockchain that facilitates the creation of decentralized applications. All cyrpto currencies other than bitcoin are alternative to it.

We are on the same page except that tokens can also called altcoin. Better differentiate it to COIN and TOKEN so you will not be confuse the difference of the two categorization.