$TNSR token created by Tensor Foundation Facilitates.
Tensor protocols help decentralised autonomous organisation (DAO) to grow and develop the tensor ecosystem.
Tensor protocols are critical trading infrastructure for NFTs built on #Solana .
What that means for us?
It means #TNSR token is for Tensor Foundation that help the DAO grow and develop NFTs protocols that built on Solana NFTs market.
DAO means Decentralised Autonomous Organisation which is leading by the community to vote and manage finance without needs for central management, it relies on blockchain.
Is it good opportunity or not?
It’s hard to answer such questions especially when there is competition in the same field of NFTs markets and more development, also new competitors will show up in the future.
I am not talking about short period of investment month or two, i am talking about long term investment may go for years from now.
So, simple answer is. If you see that Tensor Foundation may succeed to be on the top then yes long term investment is an opportunity at this time. Otherwise, short term investment is better.
Buy now or wait?
Usually any new token or coin listed on the market the price go high and dropping slowly under resistance level due to the high volume of sell.
Worth mentioning is Jupiter announced that TNSR airdrop will continue for 180 days (until 5th October 2024) which means airdrop hunters still have time to get more tokens and sell their tokens at anytime, (55% of TNSR token goes to the community, estimated by 550,000,000 total airdrop).
Which makes me not to invest at this moment, and wait until price goes lowest level so i can get maximum of profits that i am seeking for.
ℹ️ At the end, as usual this is not a financial advice nor recommendation. It’s personal opinion and perspective. Do your own research.