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The Solana (SOL) based NFT marketplace Tensor has announced the launch of a new altcoin.

The Tensor team announced through their social media account on March 12 that they will release a new altcoin. It was stated that the new coin will serve as a governance token for the community, but details about its release date have not been provided yet.

While the question of “will there be an airdrop?” remains unanswered for now, it was emphasized that more details will be coming soon.

Tensor expressed that TNSR will play an important role in the future of NFT trading and will provide significant benefits for the ecosystem.

According to the data, the platform has conducted over $2 billion in Solana NFT trading. The Tensor NFT marketplace has hosted over 70% of Solana’s NFT trading volume in the last 90 days alone.

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