The TST Token was initially just a tutorial example from the BNB Chain team but has become a phenomenon of high volatility in the cryptocurrency market.
Although not designed for trading, TST unexpectedly attracted a large influx of capital, creating strong price waves and causing much controversy due to the sudden capital withdrawal from the developer and shocking price crashes.
MAIN CONTENT
The developer sold off all Tokens, raising questions about control and transparency.
The Token experienced a flash crash causing millions of USD to be forcibly liquidated.
Trading volume increased but prices remain unstable, reflecting the weakness of the related ecosystem.
How did the developer of the TST Token sell out their entire Token amount?
The developer shocked everyone by liquidating over 30,400 USD worth of Tokens through 4 transactions, an unprecedented event for a Token once seen as a learning tool.
The developer's complete withdrawal of capital has raised questions about the transparency of the supply and the potential for market manipulation, causing confusion among investors.
How many USD were forcibly liquidated due to the price crash of the TST Token?
The sudden crash scenario caused the TST Token to lose up to 68% of its value within 15 minutes, resulting in a total of 4.47 million USD in strong liquidations, mainly from traders holding long positions.
The crash began from 0.04960 USD down to 0.01547 USD and then stabilized around 0.027 USD. A large transaction worth 102 million USD was identified as the trigger for this chain reaction in the market.
The market capitalization of the Token has dropped from 44.7 million USD to only 23.4 million USD, while Open Interest has decreased by more than 35% on exchanges, especially Binance, which saw a drop of over 40%.
A market analyst commented: “Despite significant attention, the TST Token still exhibits the specific risks of the cryptocurrency market with high volatility and lack of transparency.”
Cryptocurrency analyst, 2025
Why did trading of the TST Token surge while the price remains weak?
Despite a 32% increase in trading volume to over 28 million USD in 24 hours, the price of TST still cannot recover sustainably and continues to fluctuate wildly.
The increase in trading is mainly due to continuous price jumps stimulating short-term buying and selling rather than stabilizing actual value. This also reflects a decline in interest and activity in the Four.Meme ecosystem, with fewer new Tokens issued and active users.
This trend warns that the market is undergoing a correction or downturn for memecoin and cryptocurrency projects that once created a significant wave.
What lesson does the TST Token provide about the volatility of the cryptocurrency market?
TST clearly illustrates the significant impact of market sentiment and non-technical events on cryptocurrency prices, even for a Token that was once noted by the Binance exchange.
Although listed on popular exchanges, TST is not immune to erratic fluctuations due to its memecoin nature and high speculative factors. Investors need to be cautious with similar products, especially when lacking transparency and clear control.
The survival and development of TST also depend on building trust and stabilizing the related ecosystem in the future.
Frequently Asked Questions
What is the TST Token?
TST is a Token created as an example in the tutorial video of BNB Chain, not intended for official trading.
What can the developer do with the TST Token?
The developer had initial control and sold all Tokens, raising controversy over Private Key access and control.
How has the price of TST fluctuated recently?
The price of TST once rose to 0.52 USD, then dropped to around 0.026 USD with rapid fluctuations and large liquidations.
What led to the recent price crash of TST?
The crash was caused by a large transaction of 102 million USD which led to forced liquidations worth 4.47 million USD, significantly reducing the price in a short time.
Does TST have long-term potential?
This Token still carries many risks and shows no signs of stabilization; its future depends on the development of the ecosystem and improved transparency.
Source: https://tintucbitcoin.com/nha-phat-trien-ban-thao-tst-token/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated on the latest news in the cryptocurrency market and not miss any important information!
