I would generally not consider a "token" a "cryptocurrency".

I would consider a "cryptocurrency" as something that has a blockchain (among other requirements). A token is something that uses a cryptocurrency's blockchain in order to allow the creator and holders of the token to transfer ownership of the token, which signifies transfer of ownership of (what may be an) underlying asset that token holders own.

A cryptocurrency will not derive its value from an underlying asset, but rather from its security, and its usefulness of conducting transactions to transfer ownership of tokens, or other financial transactions (or other non-financial transactions).