Question on Transforming Token Copies of Double-Faced Cards

Can token copies of double-faced transforming cards transform?

Specifically, I make a copy of [[Brass's Tunnel-Grinder]] with [[Shiko, Paragon of the Way]]. I manage to get three bore counters on the Tunnel-Grinder. Does it transform into Tecutlan?

I know for some transforming double-faced cards, like [[Ajani, Nacatl Pariah]], a token copy effectively can't transform since the transform trigger exiles the token, causing it to cease to exist. But what about for transforming double-faced cards like the Tunnel-Grinder that don't have a similar exile clause?