TNSR: Why It’s Defying the Crypto Market Slump
So here we are, right? The crypto market is in a slump, and yet Tensor (TNSR) has managed to surge over 80% in just 24 hours. It’s a head-scratcher for sure. What’s going on behind the scenes? Let’s take a look at funding rates, trader tendencies, and what makes smaller tokens like TNSR tick even when the rest of the market is in a downward spiral.
What’s Up with Funding Rates?
First off, funding rates are a big deal, especially for smaller tokens. They act as a kind of tether, keeping perpetual futures prices in line with spot prices. When the rates are negative, like they were for TNSR recently, it indicates that a lot of traders are shorting the token. That’s a lot of pressure, right? But it also means that there’s room for a…
