Tensor is the largest NFT trading platform built on the Solana blockchain, designed to provide an efficient trading platform for professional NFT traders. The project officially launched its cryptocurrency TNSR on April 8 and the project has been listed on major exchanges such as Binance and Coinbase, attracting the attention of investors. TNSR soared over 8,800% after released on Binance.

Then, what exactly is Tensor? How to buy TNSR coins? And how to receive TNSR token airdrop? In this article, we will take a close look at this cryptocurrency.

Table of Contents

What is Tensor?

What is TNSR Token？

TNSR Tokenomics

TNSR Token Airdrop

How does the TNSR Token Perform?

Tensor (TNSR) Price Prediction

Tensor (TNSR) Outlook: Can TNSR Hit $10?

How to Buy TNSR Coin?

Is Tensor (TNSR) A Good Investment in 2024?

What is Tensor?

Founded in 2022 by Ilja Moisejevs and Richard Wu, Tensor is an innovative NFT trading platform designed for professional investors. Inspired by Blur, the platform supports a range of features such as exchange, auction, storage, conversion and NFT management, providing users with a unique way to buy, sell and trade NFT.

Tensor is committed to providing a fast, professional trading environment, as well as comprehensive coverage of the latest NFT projects on the Solana blockchain.

One of the main reasons investors choose Tensor is its focus on a personalised trading experience. The platform offers a wide range of customization options, allowing users to customize the trading environment according to their preferences. From selecting preferences to configuring slide-point settings, Tensor enables investors to fine-tune their strategies for maximum efficiency.

In addition, Tensor provides investors with powerful tools to identify and take advantage of profitable trading opportunities. With rare-price charts, users can easily find rare, low-value NFTs, enabling them to make informed investment decisions and buy rare NFTs before they attract more attention in the market.

Since its launch in July 2022, Tensor has grown rapidly. In less than a year, Tensor has become the largest NFT marketplace on Solana, accounting for an impressive 60-70% of the network’s daily NFT trading volume.

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What is TNSR Token？

TNSR token is the native token of the Tensor platform and is expected to play a role in the governance of the Tensor market.

Similar to tokens on other markets such as Blur, TNSR may grant voting rights to holders. This means that users with TNSR can suggest or vote on changes to the platform’s operations and future development.

In addition, TNSR holders have control over key parameters of the Tensor agreement and enjoy a fee discount when trading on Tensor.

Overall, TNSR plays a key role in various aspects of Tensor such as governance, transaction fees and incentives, fueling the Tensor ecosystem by giving the community a stake in its direction and growth. The more users and functionalities Tensor attracts, the more valuable TNSR becomes.

TNSR Tokenomics

The Tensor protocol is built on Solana’s key NFT trading infrastructure. To date, users have traded more than $2 billion worth of Solana NFTs through the Tensor protocol, and in the past 90 days, more than 70% of NFT transactions was conducted on Solana.

Tensor has published TNSR token economics model with a total supply of 1 billion TNSR tokens,  the initial distribution sets forth as follow:

• Community accountsfor 55%, or 550,000,000 TNSRS, of which 12.5% are initial airdrops.
• Core contributors account for 27%, or 270 million TNSRs.
• Investors and advisers account for 9%, or 90,000,000 TNSRs.
• Future financing and development reserve accounts for 9%, or 90,000,000 TNSRs.

TNSR Token Airdrop

On April 8, Tensor announced on its X account that the TNSR airdrop had launched. These tokens will be divided between the treasure holders and the Tensorians.

Currently, all treasure boxes (S1, S2 and S3) are opened and users will have 180 days to claim the TNSR token airdrop.

How does the TNSR Token Perform?

After the release of Tensor’s native token TNSR, it attracted a lot of attention in the entire cryptocurrency market. On April 8, exchanges such as Binance, OKX and KuCoin successively announced the listing of TNSR tokens, inspiring the market’s optimism about TNSR tokens.

Binance has launched Tensor (TNSR) at 23:30 on the evening of April 8, and opened spot trading pairs such as TNSR/BTC, TNSR/USDT, TNSR/FDUSD, and TNSR/TRY. After the launch of TNSR, its price soared from $0.03 to $2.689, an increase of more than 8000%, then the price of TNSR coin fell back. At present, TNSR coin traded at a price of $2.06, down 6.33% in the past 24 hours.

Tensor (TNSR) Outlook: Can TNSR Hit $10?

What’s the future for Tensor? Can it continue to grow? The key point relies in Tensor’s adoption rate.

As the world digitalizes, art and collectibles are pouring into the blockchain space, while TNSR is at an important entry point. The NFT boom shows no signs of slowing down. Where there is growth, there is TNSR, as it provides fast, simplified services for NFT traders.

Of course, optimism needs to be grounded. TNSR’s desire to reach the $10 mark means continued community growth and technical reliability. The latter is critical, and any downtime could be damaging to that outlook.

Looking at the numbers and trends, if progress keeps pace, TNSR is very likely to be able to reach $10. We’ve seen other tokens show similar performance in waves of innovation and user adoption, so why not TNSR?

For those investors with a keen insight, Tensor (TNSR) presents an opportunity that must not to be missed in the emerging NFT space. As its usefulness grows, so does its potential.

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Tensor (TNSR) Price Prediction

As of writting the article on May 28, Tensor (TNSR)  is traded at a price of $1.06255942, up 6.00 % over the past 24 hours and up 18.67 % over the past seven days. Meanwhile, Tensor (TNSR) records a market cap of $132.82 million and a 24-hour trading volume of $161.454 million.

The following sets forth the TNSR to USD Chart.

Tensor Chart

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Tensor (TNSR) price prediction 2024

According to the technical analysis of Tensor prices expected in 2024, the minimum cost of Tensor is predicted to be $1.12. The maximum level that the TNSR price can reach is estimated to be $1.31. The average trading price is expected around $1.16.

Tensor (TNSR) price prediction 2025
In terms of Tensor price prediction for 2025, the current price prediction for TNSR is ranged between $ 1.054133 on the lower end and $ 5.01 on the high end. Compared to today’s price, Tensor could gain 342.43% by 2025 if TNSR reaches the upper price target.

Tensor (TNSR) price prediction 2030
Looking forward to long-term price prediction, Tensor price for 2030 is currently predicted to range between $ 2.69 on the lower end and $ 4.35 on the high end. Compared to today’s price, Tensor could gain 284.83% by 2030 if it reaches the upper price target.

How to Buy TNSR Coin?

Currently, users can safely buy and sell TNSR coins at exchanges such as Binance, Bybit, Coinbase, OKX, KuCoin, etc. Binance has offered trading of TNSR/ BTC, TNSR/USDT, TNSR/FDUSD, and TNSR/TRY currency pairs on April 8.

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