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Artwork of an M-Token.

An M-Token is a special collectible coin making its debut in Mario vs. Donkey Kong: Minis March Again! and returning in Mario vs. Donkey Kong: Mini-Land Mayhem!.

In Minis March Again!, they are white coins with a blue border encircled around it and a red M in their centers, appearing only in certain stages. They grant the player an extra life, but otherwise do not offer any points to the player's score and can be skipped if desired.

In Mini-Land Mayhem!, they appear as blue coins with a golden border around them, along with a gold M in their centers. Due to the absence of a life system like in Mario vs. Donkey Kong 2: March of the Minis, the purpose of an M-Token was changed. M-Tokens appear only once in every stage, including boss stages, and are required in every level created in the Construction Zone. M-Tokens, although not necessary to collect to complete the game, reward the player with 2000 points to their score when grabbed, therefore making them vital to earn a trophy on that stage. Additionally, M-Tokens play an important role in unlocking new stages in the special world, Rainbow Summit. Each stage in this world requires a certain number of M-Tokens to be unlocked. Similar to Cards, these items appear to be faded after the stage they are collected in is played again.

In Mario and Donkey Kong: Minis on the Move, there are three M-Tokens in each level of the main modes, minus Giant Jungle. The M-Tokens appear identically but with different colors, one being red, one blue, and one green. Collecting each of the tokens in a level earns the player a star, which can unlock things such as minigames and Minis for the Toy Collection. In Mini Target Smash a Golden M-Token sometimes appears. When it's hit, it gives the player 200, 400, or 600 points, depending on where it was hit.