TNSR surged rapidly, climbing 50% in a short period and 400% over the past two days. A whale purchased 16.5M tokens worth $3.7M, triggering a breakout from a multi-month descending channel. Open interest spiked nearly tenfold, suggesting leverage and possible short squeezes. Despite this, Tensor’s NFT marketplace activity remains low at around $20K per day, indicating the rally is more speculative than utility-driven. Traders should watch price structure, volume, and whether real usage follows.
TNSR
0.1107
-3.82%