Recently, the situation with the TST coin has really opened people's eyes. It was originally just a test token created for teaching purposes on the BNB chain, yet it has surprisingly been driven up to a market value of over 52 million dollars.
In simple terms, it’s just a token casually made in a video tutorial, but it unexpectedly caught someone's eye for business opportunities, and from one person to ten, and ten to a hundred, the entire crypto circle got excited. Even deleting the video couldn't suppress this momentum.
CZ couldn't sit still and quickly came out to clarify, stating that he never bought TST at all and that the use of the Binance logo was unauthorized.
However, this incident instead made Pancakeswap on the BSC chain bustling, significantly increasing trading volume.
Ultimately, this situation tells us that the crypto world is indeed a magical place.
A simple meme coin doesn't require any advanced technology; it can be driven up just by the enthusiasm and resonance of the crowd.
Moreover, people feel that such coins are quite fair, with no big players preemptively positioning themselves; retail investors all start from the same starting line, and with just a few bucks, anyone can take a shot, giving everyone a chance to hit the jackpot.
However, when it comes to investing, one must still keep their eyes wide open. The price fluctuations of tokens like TST, which suddenly become popular, are too drastic.
The market is always changing, with new plays emerging endlessly. What’s important is to be adaptable, see trends accurately, and not get taken advantage of.
But if it’s really determined to have potential, it’s all about trusting the rules first…