koinmilyoner
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Bullish
The Test Token TST on BNB Chain Sparks a Trading Frenzy and Climbs 8000%
An instructive video produced by a member of the BNB Chain team recently sparked an unanticipated market frenzy, according to Binance's former CEO Changpeng Zhao (CZ). The crew allegedly posted the video on the Four to teach people how to launch a meme token.In a single clip at 1:18 of the video, the test token's name—TST—was accidentally published on the meme site. The attention of traders caused the token's market valuation to soar.
While the Binance team did their best to remove the video as soon as they recognized their error, the harm had already been done. By that point, the cryptocurrency had already begun to garner interest in trading circles, particularly among key opinion leaders (KOLs) in the Chinese crypto community.
The BNB Chain Does Not Officially Support TST
An official from BNB Chain has emphasized that TST was never intended to be anything more than a demonstration token for the platform's meme token creation and launch process. Neither BNB Chain nor Binance nor any of their subsidiaries have provided any kind of formal support.
To further guarantee that the original source is unaltered, the private key for the originator address—which contained 0.13% of the supply—had already been erased.
According to Wu Blockchain, the token's market cap increased by more than $30 million, an increase of more than 8,000%, after the CZ tweet. The attempts and explanations have not stopped the aggressive trading of TST.
The price of TST token skyrockets after CZ's tweet
According to Wu Blockchain, TST token price spikes after CZ tweets
Despite the lack of fundamental support, the event demonstrates how quickly the crypto market can grasp information and provide possibilities.
#BERAonBinance #CZ #TST #BTCHovers100k $BTC $BNB $BERA @CZ
An instructive video produced by a member of the BNB Chain team recently sparked an unanticipated market frenzy, according to Binance's former CEO Changpeng Zhao (CZ). The crew allegedly posted the video on the Four to teach people how to launch a meme token.In a single clip at 1:18 of the video, the test token's name—TST—was accidentally published on the meme site. The attention of traders caused the token's market valuation to soar.
While the Binance team did their best to remove the video as soon as they recognized their error, the harm had already been done. By that point, the cryptocurrency had already begun to garner interest in trading circles, particularly among key opinion leaders (KOLs) in the Chinese crypto community.
The BNB Chain Does Not Officially Support TST
An official from BNB Chain has emphasized that TST was never intended to be anything more than a demonstration token for the platform's meme token creation and launch process. Neither BNB Chain nor Binance nor any of their subsidiaries have provided any kind of formal support.
To further guarantee that the original source is unaltered, the private key for the originator address—which contained 0.13% of the supply—had already been erased.
According to Wu Blockchain, the token's market cap increased by more than $30 million, an increase of more than 8,000%, after the CZ tweet. The attempts and explanations have not stopped the aggressive trading of TST.
The price of TST token skyrockets after CZ's tweet
According to Wu Blockchain, TST token price spikes after CZ tweets
Despite the lack of fundamental support, the event demonstrates how quickly the crypto market can grasp information and provide possibilities.
#BERAonBinance #CZ #TST #BTCHovers100k $BTC $BNB $BERA @CZ
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