Analysts highlighted a little-known token whose value increased by 70% per day

The digital asset of the leading NFT marketplace Solana has experienced a significant price increase over the past 24 hours. The Tensor (TNSR) cryptocurrency briefly exceeded the $ 2.20 mark and is now trading at $ 1.90.

The price jump of almost 70% occurred shortly after the cryptocurrency exchange Coinbase launched a token trading service. «Coinbase customers can log in to buy, sell, convert, send, receive, or store these assets,» the company said in a statement.

Earlier this month, Coinbase placed TNSR in the roadmap zone, where the token had to meet certain criteria before it could be officially listed. The exchange also added support for Tensor on the Solana network, advising users to refrain from sending the asset through other networks as «funds may be lost.»

Earlier, we reported that a crypto trader managed to earn $ 3.4 million by investing in a new memecoin launched on the basis of Coinbase 's second-tier Ethereum (ETH) scaling solution Base. By purchasing Degen (DEGEN) tokens for $ 113,000, the investor increased his profit to $ 3.4 million.

Also, a few days ago, it became known about a user who made a 308-fold profit by using 3 ETH worth $ 6991 in January to purchase Degen (DEGEN).