Airdrop season continues to dominate the cryptocurrency industry, and today’s token launch from Tensor is no different. Solana NFT Marketplace has been launched. TNSR You can get more than $200 million worth of tokens through tokens, airdrop rewards, etc. $640 million worth of trading volume It hit the market about seven hours after launch.
According to TNSR’s data, the current price of TNSR is $1.60 per token. CoinMarketCap, down 33% from a high of $2.45. This is not unusual, as newly released tokens are generally known to fluctuate in value.
On the other hand, because the market is very unstable at first, new tokens may have different starting prices depending on the data source they use. CoinGecko, for example, has a starting price of $1.19 and reports that the token has surged 36% since then.
similar blur On Ethereum, Tensor introduced a split reward plan from Seasons 1 to 4. Back in March 4, when season 1 left off. At the end of each season, participants received a loot box essential for building the game. Tensorly NFT. Holders were rewarded for holding and staking their NFTs.
One lucky Tensor user received 712K TNSR tokens, currently worth about $1.15 million in tokens. Verification through blockchain explorer Solscan. It’s unclear whether that’s the largest single allocation to the trader.
According to the Tensor team, the TNSR token is Used by the community 55% of the 1 billion supply will be given to the community to govern key parameters of the Tensor Protocol. The initial 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 offer here on this page. You can then claim within 180 days from Jupiter, a decentralized exchange integration service. Note: US users are not eligible for airdrops.
In today’s attention economy, dropping tokens has become a major move for marketplaces and NFT projects to gain engagement and relevance. This strategy has historically shaken up the space. However, it is still unclear how significantly this drop will change the dynamics of NFT market rankings.
Tensor may be dominating the news cycle today, but its cross-chain rival Magic Eden continues to have a strong presence across multiple blockchain networks in recent times. Magic Eden via Bitcoin as well as Solana The existence of ordinal numbers and runes And in the Ethereum ecosystem. The real puzzle is finding a way to keep everyone interested after the initial buzz about the token drop dies down.
Editor: Andrew Hayward
