Airdrop season continues to dominate the crypto industry, and today's arrival of Tensor's token launch is no different. The Solana NFT marketplace has launched TNSR token, more than 200 million dollars worth of tokens in weather rewards and more 640 million dollar transaction volume Within seven hours of its launch on the market.
TNSR is currently trading at $1.60 per token, according to the data CoinMarketCap, down 33% from a high of $2.45. Newly launched tokens are typically known for their fluctuating values, so this is not unusual.
On the other hand, new signals sometimes have different price points depending on the data source you use because the markets are so volatile at launch. For example, CoinGecko shows an initial price of $1.19, and since then the token has risen 36%.
the same BLUR On Ethereum, Tensor introduced a reward initiative, divided into periods 1 to 4; Dating to March 4, Chapter 1 as it downloads. At the end of each season, participants received loot boxes necessary to create a. Tensorian NFT. Holders are rewarded for holding and incorporating NFT.
One lucky Tensor user received 712K TNSR tokens, currently worth $1.15 million in tokens. Verified through the blockchain browser Solscan. It is not clear whether it is the largest single allocation for a trader.
According to the Tensor Group, it will be a TNSR token. It is used by the community To manage key parameters of Tensor protocols, 55% of its 1 billion supply will be given to the community. The first airdrop is 125 million tokens or 12.5% of the total supply.
Wondering if you have a TNSR to claim? You can check your eligibility or confirm your placement. On this page. You then have 180 days to claim the decentralized exchange aggregator Jupiter. Note: US users are not eligible for Weather.
In today's attention economy, tokenization has become a key step for marketplaces and NFT projects to capture engagement and relevance. This strategy has historically rocked its position. However, it is still unclear how much this fall will change the volatility in the NFT marketplace levels.
Tensor may be dominating the news cycle today, but cross-chain Magic Eden has continued to make a strong presence on multiple blockchain networks of late. Magic Eden not only on Solana, but also on Bitcoin through it The presence of ordinary and Runes And in the Ethereum ecosystem as well. The real puzzle is figuring out how to keep everyone interested after the initial buzz around a token drop fades.
Edited by Andrew Hayward.
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