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NFT And Gaming Tokens Aims For Listing On Top Exchanges

As the cryptocurrency markets regain drive, the gaming and non-fungible token sectors are seeing revived excitement. Two tokens in the gaming and NFT sectors, Saga and Tensor, are preparing for listing on prominent crypto exchanges. This major step shows that the gaming and NFT markets are set to make significant advancements once more.

Binance, a major global cryptocurrency exchange, has declared the progression of Saga’s (SAGA) listing. The listing was initially planned for April 9, 2024, at 14.00 UTC. However, it will now debut 6 hours earlier, at 08.00 UTC.

This adjustment comes after SAGA’s remarkable performance on Binance Launchpool. Saga reported that it had attained more than $13 billion in BNB and First Digital stablecoin staking. This was just one day after its launch on Binance Launchpool.

Saga Invites Significant Interests With Its Focus On Scalability

Saga is positioned as an “L1 to launch L1s.” It allows developers to seamlessly create interoperable and dedicated chains called “Chainlets.” It is focused on enhancing scalability, thus inviting significant interest from the gaming sector. Saga ensures a simple game-specific blockchain development.

Furthermore, the project’s native token, SAGA, has numerous roles such as governance, staking, and Chainlet payments. In less than two years, more than 350 projects have started building on its protocol, with 80% of them in the gaming sector. Moreover, the project has partnered with top players such as Celestia, Com2uS, Avalanche, and Polygon.

In a related update, Tensor’s native token, TNSR, is expected to be listed for spot trading on OKX. On April 8, 2024, at 04.00 UTC, deposits of this token will be open. After that, the TNSR/USDT spot trading will start at 15:15 UTC on the same day.

TNSR Is Set To Be Spot Traded On OKX

Tensor is a marketplace for non-fungible tokens on the Solana blockchain. It offers trading features like automated market-making pools specifically for NFTs, real-time data, and candlestick charts. The platform inspires users and boasts robust liquidity with easy access to more than 30,000 NFT collections.

The platform previously secured a $3 million seed round of funding in 2023. This funding, backed by Solana Ventures, Alliance DAO, and several other prominent investors, indicates early positivity on the project. In January 2024, the marketplace reported a substantial growth in annual trading volume to over $140 million.

This year’s rebound in gaming and NFT projects builds upon enhancing escalating optimism for the sectors. Analysis from S&P Global Market Intelligence reveals how non-fungible tokens could unlock seamless metaverse integration and cross-game item trading soon.

Ali Raza

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