🚨 $TST Breakdown: From Test Token to Trouble? 🚨
What started as a test token ($TST) has become a reality on BN’s listing platform—but not without controversy:
🔻 Price Collapse: Initially soaring post-listing, $TST is now facing a major downturn.
🔑 Institutional Risks: With a 1-year lockup, falling below $3 would leave investors bleeding, jeopardizing confidence in future projects.
📉 FDV Concerns: FDV sits at 2.5 billion, a sharp contrast from its 2024 raise of 140M at a $1.5B valuation.
💭 Market Sentiment:
Bera’s similar trajectory hints at a growing pattern:
Are listings just hype with no long-term substance? Institutions might start pulling back.