In line with the most recent report, the event deal with of TST — a meme token on BNB Chain — bought over $30,400 tokens, utterly exiting its TST place.
That is particularly notable as a result of Binance founder CZ beforehand claimed that TST was solely a check token utilized in BNB Chain’s tutorial video, and that the workforce had deleted the personal key for the token’s creator deal with.
The TST (Take a look at Token) on BNB Chain was initially only a check token within the BNB Chain workforce’s tutorial video on the 4.meme platform. Nevertheless, the group found it and pumped its worth sharply.
In February 2025, CZ posted on X to clarify the state of affairs. He stated a single body within the tutorial video by accident revealed the identify “TST,” which led the Chinese language group to start out buying and selling it.
This pushed its market cap on the time to $494,560. At its peak, the token’s market cap exceeded $50 million.
He emphasised that the workforce had deleted the personal key and that nobody within the workforce or Binance held any TST tokens. He additionally pressured that TST was not an official token and was just for demonstration functions.
Nevertheless, Collin Wu, a preferred crypto media determine, just lately reported that this deal with bought over $30,400 value of tokens in 4 transactions. This contradicts CZ’s assertion and raises doubts about transparency.
At present, CZ — the previous Binance CEO — has not responded on his X account to the pockets’s actions. Nevertheless, feedback seem like concentrating on him instantly.
“Somebody lied concerning the personal key right here,” one investor commented on X.
TST Fell 100% From Its February Excessive
Beforehand, BeInCrypto reported that TST had dropped 68%, hitting a brand new all-time low of $0.01547.
Though the value is now buying and selling round $0.02, BeInCrypto knowledge exhibits that since launch, TST’s total worth historical past has been a protracted downward pattern.
On the finish of Could, TST additionally skilled a extreme drop. It fell by greater than 40% virtually immediately after an nameless whale bought $6–7 million value of tokens. This exhibits that giant holders closely affect TST’s volatility.
CoinMarketCap knowledge exhibits TST’s each day buying and selling quantity is barely about $25.7 million, with greater than 26% of that coming from Binance.
This displays low demand for TST. Mixed with the truth that it’s only a utility-free meme token and now its developer has exited, the token’s future seems to be bleak.
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