Tensor

Solana

Green

Gains

<div class="insidebitcoins">
 The Tensor price dipped 12% in the last 24 hours to trade for $1.8572 as of 06:20 a.m. EST time.
 It comes after an explosive rally that saw the TNSR price record an all-time high of $2.6890 on the Binance exchange. The rally came after the token went live on April 8, with the Solana-based non-fungible token (NFT) marketplace opening its doors to traders.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Trading is officially live on @tensor_hq!
 The first epNFT collection by @epplex_xyz minted under the WNS standard @wenwencoin.
 Link: https://t.co/jLNFXGVUIm pic.twitter.com/xgVGLVR6CP
 — Blessed Burgers | MINT LIVE (@blessed_burgers) April 8, 2024
 </blockquote>
 
 As reported, NFT marketplace Tensor launched its native token $TNSR, which caused Tensorians NFT sales to jump 800%. TNSR is the governance token for Tensor, a digital marketplace for Solana NFTs. Professional traders can buy, sell, and trade digital collectibles running on the Solana blockchain network on Tensor.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Follow these Tensorian chads 👇https://t.co/tMXorjHb4W
 Who else should we add? 👾
 — Tensor ⚡️ (@tensor_hq) April 5, 2024
 </blockquote>
 
 Meanwhile, the community of TNSR holders have eyes peeled on the airdrop event for Tensor NFT marketplace users.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 $TNSR is live.
 All treasure boxes (S1, S2 and S3) are now opened.
 You have 180 days to claim your $TNSR. pic.twitter.com/SqZjAZtw9I
 — Tensor Foundation (@TensorFdn) April 8, 2024
 </blockquote>
 
 <h2 id="tnsr-tokenomics-as-tensor-price-tests-the-midline-of-the-market-range">TNSR Tokenomics As Tensor Price Tests The Midline Of The Market Range</h2>
 With the token going live, TNSR <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> a fixed supply of 1 billion tokens, with 125 million of this being released in the initial airdrop. The Tensor team has also allocated 55% of the total supply to the community, 27% to core contributors, and 9% to investors and advisors, reserving the remaining 9%.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 What is TNSR?$TNSR is @tensor_hq’s governance token, which allows you to guide and impact the protocol's direction via on-chain governance.
 Total supply: 1 billion Initial airdrop: 125 million (12.5%) pic.twitter.com/Q2meVhiVri
 — Phantom (@phantom) April 8, 2024
 </blockquote>
 
 Amid the rise of crypto scams, users are advised to claim tokens via only the official website.
 As a side note, TNSR token is available for spot trading on multiple exchanges, including Binance and KuCoin. Other exchanges expected to list the token include Bitget exchange, which could provide significant tailwinds for the Tensor price as it gains wider exposure.
 <h2 id="tensor-price-outlook-as-tensor-joins-a-rapidly-growing-list-of-leading-nft-marketplaces">Tensor Price Outlook As Tensor Joins A Rapidly Growing List Of Leading NFT Marketplaces</h2>
 The Tensor price is testing the midpoint of the market range at $1.8597, marked by the 50% Fibonacci placeholder. This market range is measured from when selling pressure peaked at $1.5993&nbsp; to where buying pressure peaked at $2.1201. The mean reversal principle played out in the TNSR chart against the USDT, and now the Tensor price is primed for its next move.
 From a technical standpoint, the market is leaning in favor of the downside, hinting at a possible breakdown below the 50% Fibonacci placeholder. For starters, the Parabolic Stop and Reverse (SAR) indicator is trailing the Tensor price from above at $2.1000.
 Moreover, the Relative Strength Index (RSI) is below the ‘50’ mean level, which suggests a weakness among the bulls. The position of this momentum indicator below the yellow band of the signal line also accentuates the bearish thesis.
 If the bears take over the market, the Tensor price could extend the fall, possibly providing a buying opportunity at the 38.6% or 23.6% Fibonacci retracement levels of $1.8004 or $1.7223. In a dire case, the dump could send the Tensor price all the way to the bottom of the market range at $1.5993.
 <img decoding="async" class="aligncenter wp-image-503640 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201273%20511'%3E%3C/svg%3E" alt="Tensor price" width="1273" height="511" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/04/09/b9d8d330b4df057264e58bdabf81655e.webp 1273w, https://cdn.thebittimes.com/images/2024/04/09/b9d8d330b4df057264e58bdabf81655e.webp 300w, https://cdn.thebittimes.com/images/2024/04/09/b9d8d330b4df057264e58bdabf81655e.webp 1024w, https://cdn.thebittimes.com/images/2024/04/09/b9d8d330b4df057264e58bdabf81655e.webp 768w" data-lazy-sizes="(max-width: 1273px) 100vw, 1273px" data-lazy-src="https://cdn.thebittimes.com/images/2024/04/09/b9d8d330b4df057264e58bdabf81655e.webp">
 <noscript><img decoding="async" class="aligncenter wp-image-503640 size-full" src="https://cdn.thebittimes.com/images/2024/04/09/b9d8d330b4df057264e58bdabf81655e.webp" alt="Tensor price" width="1273" height="511" srcset="https://cdn.thebittimes.com/images/2024/04/09/b9d8d330b4df057264e58bdabf81655e.webp 1273w, https://cdn.thebittimes.com/images/2024/04/09/b9d8d330b4df057264e58bdabf81655e.webp 300w, https://cdn.thebittimes.com/images/2024/04/09/b9d8d330b4df057264e58bdabf81655e.webp 1024w, https://cdn.thebittimes.com/images/2024/04/09/b9d8d330b4df057264e58bdabf81655e.webp 768w" sizes="(max-width: 1273px) 100vw, 1273px">
 </noscript>
 TradingView: TNSR/USDT 30-min chart
 <h4>Converse Case</h4>
 On the other hand, if the 50% Fibonacci placeholder holds as support at $1.8597, the Tensor price could bounce above it to move north. A flip of the 61.8% Fibonacci retracement level, which is the most critical retracement level, would encourage more buy orders.
 The ensuing demand pressure could see the Tensor price forge higher, likely as high as to reclaim the peak of the market range at $2.1201. Such a move would constitute a climb of nearly 15% above current levels. Investors looking to open new long positions should wait for the RSI to reclaim above the 50 mean level decisively.
 Investors looking for cryptos with greater rewards, and with a stomach for the risk, might consider eTukTuk, which is ranked by some among the best crypto ICOs of 2024. It’s already raised almost $3 million.
 
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/mjFEBkZDZ40" data-id="mjFEBkZDZ40" data-query="feature=oembed" data-alt="eTukTuk: Why I Am BULLISH On TUK"></div>
 <noscript><iframe title="eTukTuk: Why I Am BULLISH On TUK" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/mjFEBkZDZ40?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </noscript>
 
 <h2 id="strong-promising-alternative-to-tensor-strong">Promising Alternative To Tensor</h2>
 eTuktuk is the AI-integrated, eco-friendly future of transportation, which allows you to invest and earn right away. The project provides entry into a sustainable transportation revolution with its green $TUK token presale. It stands among the most recommended choices for the&nbsp;best penny cryptos&nbsp;in 2024.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 "eTukTuk is one of the most creatively revolutionary projects to enter the EV sector in a long while. Although there are many EV projects, few align with the reality of people living in developing economies." – @CoinGapeMedia
 Read more here:https://t.co/ZfqdSLkbG7
 — eTukTuk (@eTukTukio) February 6, 2024
 </blockquote>
 
 eTukTuk is committed to helping Tuk Tuk drivers in less developed countries in South Asia and Africa use less energy. As governments in Asia and Africa embark on ambitious electric vehicle adoption goals over the next two decades, eTukTuk could be well-positioned to play a crucial role in driving this transition.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 1/ Witness the groundbreaking transformation of Jammu's public transport!@TataMotors, India's vehicle giant, has just rolled out a fleet of Ultra EV air-conditioned electric buses for Jammu Smart City 🧵⚡ pic.twitter.com/TUAwJHlMaz
 — eTukTuk (@eTukTukio) February 1, 2024
 </blockquote>
 
 The project sets out to help Tuk Tuk drivers adopt a more energy-efficient mode of transportation, and will leverage the $TUK token to establish Electric Vehicle Charging Stations (EVSEs).
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Ready to drive change? 🌍
 Accelerate towards a sustainable future with eTukTuk! 🚗💨
 Participate in the $TUK token sale now and become a part of the green mobility revolution.https://t.co/XIXcperneW
 — eTukTuk (@eTukTukio) December 27, 2023
 </blockquote>
 
 <h4>eTukTuk Staking And Presale Updates</h4>
 eTukTuk’s staking mechanism offers investors a 193% annual percentage yields (APY). Users will get 4.75 $TUK for each BSC block in $TUK Token incentives. Rewards will be payable over 3 years and are determined by your share of the staking pool and annual returns percentage.
 <img decoding="async" class="aligncenter wp-image-503645 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201336%20508'%3E%3C/svg%3E" alt="TUK" width="1336" height="508" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/04/09/9f007089139fbaef2e2043b6a1bc5dd7.webp 1336w, https://cdn.thebittimes.com/images/2024/04/09/9f007089139fbaef2e2043b6a1bc5dd7.webp 300w, https://cdn.thebittimes.com/images/2024/04/09/9f007089139fbaef2e2043b6a1bc5dd7.webp 1024w, https://cdn.thebittimes.com/images/2024/04/09/9f007089139fbaef2e2043b6a1bc5dd7.webp 768w" data-lazy-sizes="(max-width: 1336px) 100vw, 1336px" data-lazy-src="https://cdn.thebittimes.com/images/2024/04/09/9f007089139fbaef2e2043b6a1bc5dd7.webp">
 <noscript><img decoding="async" class="aligncenter wp-image-503645 size-full" src="https://cdn.thebittimes.com/images/2024/04/09/9f007089139fbaef2e2043b6a1bc5dd7.webp" alt="TUK" width="1336" height="508" srcset="https://cdn.thebittimes.com/images/2024/04/09/9f007089139fbaef2e2043b6a1bc5dd7.webp 1336w, https://cdn.thebittimes.com/images/2024/04/09/9f007089139fbaef2e2043b6a1bc5dd7.webp 300w, https://cdn.thebittimes.com/images/2024/04/09/9f007089139fbaef2e2043b6a1bc5dd7.webp 1024w, https://cdn.thebittimes.com/images/2024/04/09/9f007089139fbaef2e2043b6a1bc5dd7.webp 768w" sizes="(max-width: 1336px) 100vw, 1336px">
 </noscript>
 Buy TUK, a utility token and the ticker for the eTukTuk ecosystem, for attractive discounts at the presale.
 
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/KByL-WTFJL8" data-id="KByL-WTFJL8" data-query="feature=oembed" data-alt="GREAT LONGTERM NEW CRYPTO?🔥 (eTukTuk Presale Review)"></div>
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 </noscript>
 
 TUK tokens sells for $0.0295 each, but in about 30 hours there will be a price hike. So, buy now if you are interested to lock in the lowest price.
 Visit and buy eTukTuk here.
 <h3 id="also-read">Also Read:</h3>
 <ul>
 <li>Green AI Revolution in Web3 – Here’s How You Can Seize the 100X Opportunity With eTukTuk</li>
 <li>eTukTuk (TUK) Storming Into 2024 With Massive Funding, Learn Why Here</li>
 <li>eTukTuk Strives to Bring Sustainable Transport to Developing Nations With Its Innovative Three-Wheeler EV and Charging Infrastructure</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/tensor-price-prediction-tnsr-slumps-12-as-traders-turn-to-this-green-transport-ico-for-explosive-gains-tbt84927.html">https://thebittimes.com/tensor-price-prediction-tnsr-slumps-12-as-traders-turn-to-this-green-transport-ico-for-explosive-gains-tbt84927.html</a>
</div>

Tensor Price Prediction: TNSR Slumps 12% As Traders Turn To This Green Transport ICO For Explosive Gains

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