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I just noticed that TNSR has been seeing some unusually strange volatility—the price jumped by about 300% over the course of a few days, and only after that did they announce that the Tensor Fund has completed the buyback of Tensor Marketplace along with the Tensorians NFT collection. The price movement before the announcement has left many people curious about the timing.
What’s notable here is that after the acquisition, all revenue from transaction fees will be transferred into the TNSR token treasury. In addition, they will burn 21.6% of the tokens that are not yet unlocked, while the tokens that have already been unlocked will be locked for three years. According to current data, TNSR is at $0.04, up 0.97% over the past 24 hours.
It seems like this is a pretty strategic move for the tensor NFT ecosystem—both tightening management and controlling supply. Let’s see how the market reacts next.