Tuesday, December 24, 2024

Coinbase Provides But-To-Be-Launched Solana-Based mostly Altcoin to Itemizing Roadmap

Crypto trade Coinbase has introduced it’s including a brand new Solana (SOL)-based altcoin to its itemizing roadmap forward of the token’s launch.

Saying by way of the social media platform X, Coinbase says it’s including Tensor (TNSR) to its itemizing roadmap.

Coinbase’s itemizing roadmap is designed to offer a heads-up to customers earlier than the itemizing of any crypto belongings to stop insider buying and selling and promote transparency.

Tensor is the preferred non-fungible token (NFT) platform on Solana, and might be launching its personal token subsequent week, in response to a current thread on X from the mission.

TNSR tokens might be airdropped with “treasure packing containers” for customers of the Tensor protocol by way of the Jupiter (JUP) decentralized trade (DEX) aggregator.

Tensor has periodically overtaken its fellow Solana-based NFT market Magic Eden in quantity, in response to analytics platform TIEXO. At time of writing, Tensor has the very best variety of distinctive wallets and probably the most newly created wallets within the final 24 hours.

Coinbase CEO Brian Armstrong has beforehand stated the trade goals to record as many crypto belongings as doable, so long as they meet the corporate’s requirements.

“It’s form of like Amazon or one thing like that the place a product might need three stars or it might need 5 stars, but when it begins to get one star persistently, it’s most likely fraudulent or faulty or one thing and perhaps Amazon will take away it. In any other case, you need to let the market determine what these items are.”

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