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1. The Origin of TST and Market Reaction: From 'Teaching Coin' to Speculative Focus Unexpected Popularity of Technical Demonstration TST was originally created as a teaching test token by the BNB Chain team on the four.meme platform to demonstrate how to issue Meme coins. Its contract address and code were accidentally leaked due to a tutorial video released by the team, which was quickly hyped by community KOLs. The initial market value was only $490,000, but after CZ forwarded the related explanation, the market value skyrocketed to $50 million within an hour, with the highest increase exceeding 100 times. On-chain data shows that some 'smart money' positioned themselves early; for example, a certain address bought $35,000 worth of TST just 5 minutes before CZ's tweet, earning over $650,000. CZ's 'Contradictory Operations' and Market Interpretation CZ has repeatedly emphasized that 'TST is not related to Binance' and 'the team does not hold tokens,' even deleting the tutorial video to dissociate himself. However, Binance subsequently launched the TST trading pair under the name of 'community voting' and added seed label restrictions on retail participation. The market views this as CZ's 'anti-counterfeit selling' strategy: first denying to create a sense of mystery, then endorsing through the platform to harvest traffic. On February 22, CZ publicly exchanged 1 BNB for TST for the first time, directly triggering a 300% surge in the token within 24 hours, with BNB rising 5% simultaneously. This move was interpreted as 'implicit support,' reinforcing market speculation regarding the Binance ecosystem. 2. Short-term Speculation Logic and Long-term Value Controversy of TST Short-term Drivers Celebrity Effect and FOMO Emotion: As the founder of Binance, CZ's actions are seen as a market barometer. For example, when he and Vitalik jointly promoted the DeSci track, the related tokens surged over 80% in a single day, similar to the logic behind TST's surge. Self-Reinforcement of the BNB Ecosystem: With over 200 million Binance users, the quarterly token burn mechanism promotes BNB deflation, and TST's rise is viewed as a sign of BNB Chain competing in the Meme track. Long-term Value Absence and Risks Lack of Actual Application Scenarios: TST lacks deflationary mechanisms, governance functions, or technical applications; its value entirely depends on trading demand, consistent with the 'narrative-driven' model of most Meme coins. Regulatory and Market Backlash Risks: If TST is deemed to involve price manipulation, it may trigger regulatory scrutiny. Historical collapses of similar projects (such as LUNA and FTX-related tokens) have shown the fragility of such tokens. I don’t want to babble too much... I feel TST still has potential for discussion.
1. The Origin of TST and Market Reaction: From 'Teaching Coin' to Speculative Focus
Unexpected Popularity of Technical Demonstration
TST was originally created as a teaching test token by the BNB Chain team on the four.meme platform to demonstrate how to issue Meme coins. Its contract address and code were accidentally leaked due to a tutorial video released by the team, which was quickly hyped by community KOLs.
The initial market value was only $490,000, but after CZ forwarded the related explanation, the market value skyrocketed to $50 million within an hour, with the highest increase exceeding 100 times.
On-chain data shows that some 'smart money' positioned themselves early; for example, a certain address bought $35,000 worth of TST just 5 minutes before CZ's tweet, earning over $650,000.
CZ's 'Contradictory Operations' and Market Interpretation
CZ has repeatedly emphasized that 'TST is not related to Binance' and 'the team does not hold tokens,' even deleting the tutorial video to dissociate himself. However, Binance subsequently launched the TST trading pair under the name of 'community voting' and added seed label restrictions on retail participation.
The market views this as CZ's 'anti-counterfeit selling' strategy: first denying to create a sense of mystery, then endorsing through the platform to harvest traffic.
On February 22, CZ publicly exchanged 1 BNB for TST for the first time, directly triggering a 300% surge in the token within 24 hours, with BNB rising 5% simultaneously. This move was interpreted as 'implicit support,' reinforcing market speculation regarding the Binance ecosystem.
2. Short-term Speculation Logic and Long-term Value Controversy of TST
Short-term Drivers
Celebrity Effect and FOMO Emotion: As the founder of Binance, CZ's actions are seen as a market barometer. For example, when he and Vitalik jointly promoted the DeSci track, the related tokens surged over 80% in a single day, similar to the logic behind TST's surge.
Self-Reinforcement of the BNB Ecosystem: With over 200 million Binance users, the quarterly token burn mechanism promotes BNB deflation, and TST's rise is viewed as a sign of BNB Chain competing in the Meme track.
Long-term Value Absence and Risks
Lack of Actual Application Scenarios: TST lacks deflationary mechanisms, governance functions, or technical applications; its value entirely depends on trading demand, consistent with the 'narrative-driven' model of most Meme coins.
Regulatory and Market Backlash Risks: If TST is deemed to involve price manipulation, it may trigger regulatory scrutiny. Historical collapses of similar projects (such as LUNA and FTX-related tokens) have shown the fragility of such tokens.
I don’t want to babble too much... I feel TST still has potential for discussion.
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Bullish
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ETH: The Chinese abbreviation for Air Force ATM. Friend, when you need money today, just short it at any time and any price point; it won't let you down. There is no rebound on the monthly and weekly charts, currently the worst mainstream coin without exception 📉 Who dares to try this point ꒰꒪꒫꒪⌯꒱ I'll just call him 'Grandpa' #ETH #美国降息
ETH: The Chinese abbreviation for Air Force ATM. Friend, when you need money today, just short it at any time and any price point; it won't let you down. There is no rebound on the monthly and weekly charts, currently the worst mainstream coin without exception 📉
Who dares to try this point ꒰꒪꒫꒪⌯꒱ I'll just call him 'Grandpa' #ETH #美国降息
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{spot}(ETHUSDT) {spot}(TSTUSDT) ​1. Ethereum (ETH)​ ​Core Trend: ​Neutral to Weak: Short-term constrained by market liquidity contraction (institutional selling + ETF fund outflows), but long-term technical upgrades (such as Dencun sharding expansion) support ecological value. ​Linked to Bitcoin: If Bitcoin strengthens, ETH may passively follow suit, but the increase may be weaker than mainstream coins (funds are more inclined towards high-performance chains like SOL). ​Key Driving Factors: ​Institutional Movements: Changes in large fund holdings (such as BlackRock reducing positions) determine the intensity of short-term selling pressure. ​On-chain Activity: Whether a decrease in gas fees stimulates ecological activity (DeFi, Layer 2). ​2. TST (Test Token)​ ​Core Trend: ​High-risk speculation: Purely dependent on exchange hype and retail FOMO sentiment, with no fundamental support, the long-term probability of going to zero is extremely high. ​Severe volatility: Short-term influenced by Binance announcements and whale manipulation, may experience pulse-like rises and falls, but difficult to sustain. ​Key Driving Factors: ​Exchange Dynamics: Whether Binance adds a TST liquidity pool or launches derivatives. ​Community Heat: A sudden increase in social media discussions may trigger short-term speculation. ​3. TRUMP (Political Concept Coin)​ ​Core Trend: ​Long-term Downward: The project party highly controls the supply (80% of tokens are not unlocked), the selling pressure will continue to suppress prices, and consensus collapses after the political concept's popularity fades. ​Event-driven: The U.S. election cycle or policy changes may trigger short-term speculation, but difficult to change the downward trend. ​Key Driving Factors: ​Unlocking Risk: Gradual release of holdings by the Trump family (starting Q2 2025). ​Political Hype: Whether Trump releases new signals on crypto policy (such as campaign promises). ​Trends Correlation Among the Three ​ETH Dominance: A strengthening ETH may boost market risk appetite, but funds are more inclined to flow into mainstream coins rather than TST/TRUMP-type air coins. ​Liquidity Squeeze: If Bitcoin rises sharply, TST/TRUMP liquidity may accelerate depletion (retail exit). ​Sentiment Cycle: In times of market panic, TST/TRUMP declines far exceed the market; during euphoria, there may be a brief explosive surge. ​One-sentence Conclusion ​ETH: Short-term volatility, long-term depends on ecological progress vs institutional selling pressure. ​TST: Pure gambling tool, trend downward, limited to very short-term speculation. ​TRUMP: Political bubble bursting, short-selling at highs is better than bottom-fishing.


​1. Ethereum (ETH)​
​Core Trend:
​Neutral to Weak: Short-term constrained by market liquidity contraction (institutional selling + ETF fund outflows), but long-term technical upgrades (such as Dencun sharding expansion) support ecological value. ​Linked to Bitcoin: If Bitcoin strengthens, ETH may passively follow suit, but the increase may be weaker than mainstream coins (funds are more inclined towards high-performance chains like SOL).
​Key Driving Factors:
​Institutional Movements: Changes in large fund holdings (such as BlackRock reducing positions) determine the intensity of short-term selling pressure. ​On-chain Activity: Whether a decrease in gas fees stimulates ecological activity (DeFi, Layer 2).
​2. TST (Test Token)​
​Core Trend:
​High-risk speculation: Purely dependent on exchange hype and retail FOMO sentiment, with no fundamental support, the long-term probability of going to zero is extremely high. ​Severe volatility: Short-term influenced by Binance announcements and whale manipulation, may experience pulse-like rises and falls, but difficult to sustain.
​Key Driving Factors:
​Exchange Dynamics: Whether Binance adds a TST liquidity pool or launches derivatives. ​Community Heat: A sudden increase in social media discussions may trigger short-term speculation.
​3. TRUMP (Political Concept Coin)​
​Core Trend:
​Long-term Downward: The project party highly controls the supply (80% of tokens are not unlocked), the selling pressure will continue to suppress prices, and consensus collapses after the political concept's popularity fades. ​Event-driven: The U.S. election cycle or policy changes may trigger short-term speculation, but difficult to change the downward trend.
​Key Driving Factors:
​Unlocking Risk: Gradual release of holdings by the Trump family (starting Q2 2025). ​Political Hype: Whether Trump releases new signals on crypto policy (such as campaign promises).
​Trends Correlation Among the Three
​ETH Dominance: A strengthening ETH may boost market risk appetite, but funds are more inclined to flow into mainstream coins rather than TST/TRUMP-type air coins. ​Liquidity Squeeze: If Bitcoin rises sharply, TST/TRUMP liquidity may accelerate depletion (retail exit). ​Sentiment Cycle: In times of market panic, TST/TRUMP declines far exceed the market; during euphoria, there may be a brief explosive surge.
​One-sentence Conclusion
​ETH: Short-term volatility, long-term depends on ecological progress vs institutional selling pressure. ​TST: Pure gambling tool, trend downward, limited to very short-term speculation. ​TRUMP: Political bubble bursting, short-selling at highs is better than bottom-fishing.
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Bearish
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$TST Average price 0.175 I chose to stop loss in this pullback, and now I am waiting for opportunities. I don’t want to look at the pressure support point, I can see it by sixth sense 0.065... Comment area to accept the scolding... but please be gentle☞ Thank you
$TST Average price 0.175 I chose to stop loss in this pullback, and now I am waiting for opportunities. I don’t want to look at the pressure support point, I can see it by sixth sense 0.065... Comment area to accept the scolding... but please be gentle☞ Thank you
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