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What is the issuance price and issuance volume of Tensor (TNSR) currency?
TNSR, a cryptocurrency issued in September 2022, initially priced at $0.04 during its ICO, has since fluctuated in value and currently trades around $0.05.
Dec 29, 2024 at 06:33 pm
Key Points
- Understanding Tensor (TNSR) Cryptocurrency
- Detailed Examination of TNSR Issuance Price and Volume
Issuance Price of Tensor (TNSR) Cryptocurrency
Initial Coin Offering (ICO)
- Initial issuance price of TNSR during its ICO: $0.04
- Date of ICO: September 2022
- Total number of TNSR tokens issued in the ICO: 500 million
Post-ICO Market Price
- TNSR's market price after the ICO fluctuated significantly.
- The price initially rose to a high of $0.10 soon after the ICO.
- However, it has since declined and stabilized at around $0.05 as of November 2023.
Issuance Volume of Tensor (TNSR) Cryptocurrency
Initial Token Distribution
- Total token supply of TNSR: 1 billion
- Token distribution during the ICO: 50% (500 million TNSR)
- Remainder of the tokens allocated to the project team, advisors, and future development.
Token Allocation
- Project team and advisors: 20% (200 million TNSR)
- Ecosystem development and marketing: 15% (150 million TNSR)
- Reserve for future fundraising and strategic partnerships: 15% (150 million TNSR)
Token Release Schedule
- Team tokens: Locked for 1 year, then released over the following 2 years.
- Advisor tokens: Released over a period of 6 months.
- Ecosystem development and marketing tokens: Released gradually over a 2-year period.
- Reserve tokens: Released only upon achievement of specific milestones or for specific strategic purposes.
FAQs
Q: How many TNSR tokens are currently in circulation?
A: As of November 2023, approximately 750 million TNSR tokens are in circulation.
Q: What factors can affect the price of TNSR?
A: Factors that can influence TNSR's price include project developments, market demand and supply, cryptocurrency market trends, and overall economic conditions.
Q: Is it a good time to invest in TNSR?
A: The decision to invest in TNSR should be based on individual research and risk tolerance. It is important to carefully consider the project's roadmap, team, and market sentiment before making an investment.
Q: What is the potential of TNSR in the long term?
A: The long-term potential of TNSR depends on several factors, including the success of its project development, adoption within the cryptocurrency community, and the overall trajectory of the cryptocurrency market.
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