$BNB #BTCVolatility $BTC My dear, TNSR (its real name is Tensor) is quite a story in the world of cryptocurrencies and NFTs (non-fungible digital assets).
Here is the topic in colloquial language and in a simplified manner:
🧐 What is TNSR currency simply?
TNSR is the currency of a platform called Tensor, and this platform is basically a large online marketplace for NFTs, but not just any marketplace, it is the largest NFT marketplace on the Solana network, which is a well-known cryptocurrency network for being fast and having low fees.
💡 Why was this coin (TNSR) created?
This coin was created to be a "Governance Token." What does governance mean?
* Your voice matters: Those who hold TNSR tokens have the right to vote on decisions regarding the platform's development and rule changes in the future. It means you become a partner in managing the project.
* Discounts and benefits: Token holders can also get discounts on fees when trading (buying and selling) NFTs on the Tensor platform.
🗺️ What exactly does this platform (Tensor) do?
Imagine it as Amazon or Souq.com but for NFTs. It provides services to many people:
* For those creating NFTs (creators): It helps them manage their collections, launch new NFTs, and update their descriptions.
* For those trading NFTs (traders): It offers them a market with good liquidity (meaning many people are buying and selling) and fast updates, as well as advanced tools for professional traders.
In summary: This platform wants to be the best and most advanced place to buy and sell NFTs on the Solana network. The TNSR token is the key to controlling and participating in it.
💰 Talking about money (current situation)
Like any cryptocurrency, the price of TNSR obviously changes very quickly, and it can rise and fall sharply depending on the news, trading volume, and the movement of the entire cryptocurrency market. When this coin hit the market, it made a splash and soared to very high prices at first.
An important point: As we always say in cryptocurrencies, there is high risk involved, meaning it is not guaranteed and you can win or lose.
Would you like to know the current price of TNSR in dollars, or details about its price?
In the last 24 hours?