BNB Chain team launches Test (TST) token, buyers sniped it and kept trading
The post BNB Chain team launches Test (TST) token, buyers sniped it and kept trading appeared on BitcoinEthereumNews.com.
A team building on BNB Chain wanted to showcase its meme token potential. To create an educational video, the team built a Test (TST) token, which was discovered by buyers and boosted for its meme potential. A new meme token has appeared – after a team wanted to just create a tutorial on BNB Smart Chain. The team wanted to showcase the four.meme platform, a launchpad for memes accessible to anyone. The video tutorial on creating a new asset was quickly taken down but then brought back, as Test (TST) was already posting a record price rally. The tutorial drew attention from traders, who discovered the token and went on to boost its liquidity. Influencers started promoting the token after seeing its ticker in one of the video frames. The team just called the token TST for a test asset, but it was fully functional and tradable. The former CEO of Binance, Changpeng ‘CZ’ Zhao, noted that the token may continue to trade and be censorship-resistant despite being unofficial. 😂 A tricky situation. A BNB Chain team member just told me this: “We did the step by step video education for launching meme token on https://t.co/74psayTeug platform. In this video, we launched a token named TST as the example.When we posted the education video yesterday,… https://t.co/lD77CaQDCj — CZ 🔶 BNB (@cz_binance) February 6, 2025 The token rose to a market capitalization of over $37M, with $4.57M in liquidity. Despite the fact that Zhao put in a disclaimer, the mention was enough to draw extra attention to the asset. The first mention of the token was at a price range under $500K, though TST later went on to rally above $26M in fully diluted value. TST is now tagged as ‘test token deployed by Binance’, though no mention is made of…
Filed under: News - @ February 6, 2025 3:25 pm