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Rising New Star: TNSR

2024-04-10 09:27:16

Tensor is now sending waves through the crypto world with their token TNSR airdropped recently. Just right after the launch, the TNSR price showed an impressive rise immediately, marking a signal for a bullish trend. 

As the NFT marketplace brings TNSR the current fastest-growing Solana-based crypto in the industry, traders are worth taking a look at what this token is all about. 

Introduction of TNSR Cryptocurrency

Tensor is a Solana-based NFT marketplace that offers advanced trading features such as historical candlestick prices, real-time data, and AMM pools to make NFT trading more fun. With those features, users can trade their NFT like a professional trader. 

Tensor Foundation, the company behind Tensor, recently airdropped 125 million TNSR to users who interacted with their marketplace. The claim period for TNSR is 180 days.

TNSR is Tensor’s governance token, which gives users the right to vote on the proposals released in the ecosystem. Also, listings created by the TNSR token could benefit from getting a 25% discount on the protocol fee. Adding that major exchanges (including CoinEx) have had TNSR on their lists, which does not usually happen to new crypto, all of these contributed to the bullish trend of this token’s price action and overall adoption.

The Price of TNSR Rise on CoinEx: TSNR Price Change

TSNR Price Change on CoinEx

A total of 125 million TNSR was airdropped to users on the Tensor NFT marketplace on April 8th, which was 12.5% of the total supply. In a matter of moments, TNSR sharply leaped from $2.399 to an all-time high record of $2.27599 within less than an hour. 

As of April 10th, the price of TNSR moved around from $1.679 to $1.978 on CoinEx over the past 24 hours. However, many investors and crypto enthusiasts expect it will have the momentum to record a higher ATH.

So are you a bull or a bear to TNSR? If you believe you are a bull market maker and want to buy TNSR tokens today, don’t hesitate to go to CoinEx and make your investment.

Overview

*This article does not constitute investment advice.

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