Can't access cookie, returning undefined

I am trying to access a cookie but its returning undefined for the value, and cant find the Issue.

My code looks pretty simple so far:

const token = useCookie('token');
console.log('token', token.value)

const token = useCookie('token');
console.log('token', token.value)

token undefined, app.vue:4

When looking into dev tools of my browser, the cookie is set and not expired - does anyone has a idea what's the issue here?