$TST Token Strikes 4700% Hike After Binance Founder ‘CZ’s Tweet

CZ’s Take on Meme Coins and TST’s Unexpected Surge

CZ Tweets, creating a buzz in the crypto market, takes TST Coin from test token to Binance listing giving memecoin a new makeover.

One of the most influential figures in the cryptocurrency industry is Changpeng Zhao, the founder of Binance. He tweets and makes public statements that are known to significantly affect the market. Founder and former CEO Changpeng Zhao  addressed his fans on X, CZ wrote “is CZ against meme coins? No. Not “into” something doesn’t mean I am against it. I am not into sports cars; I don’t collect art; I haven’t bought any NFTs; I also haven’t bought most altcoins (I hold BTC and BNB). But I am not against any of the above. And I think most of you’d agree, that I have worked hard and “gone to some lengths” to help many altcoins and the crypto industry in general. I adopt the same view towards meme coins.”

According to a statement issued by Binance on Sunday, two coins Test (TST) and 1000CHEEMS have been launched on their exchange. The news came as a surprise for many who thought CZ was fundamentally against memecoins that largely serve no purpose in the crypto industry. 

CZ clarification: The Truth and market reaction

CZ, clarifies that he is not against memecoins like TST, which was recently listed on the exchange, stating that they cater to a specific segment of the crypto audience despite not personally endorsing the token; he emphasized that neither he nor Binance has any direct involvement with TST.

I adopt the same view towards meme coins.” CZ also clarified that he was not asked by the management before listing TEST token on Binance and he also believes that a large section of crypto investors have recently shifted to memecoins after hostile regulatory agencies started attacking altcoins.

Uncovering $TST, From test project to market “star”

The BNB Chain team created a step-by-step educational video that introduced the $TST token. The purpose of the video was to educate the audience concerning the launch of a meme token on the Four.Meme platform, a token creation tool used by many in the crypto space. The video used the $TST token as a context example. The name of the $TST token made its first appearance in the video at the 1:18 mark as a setup for when the video would later guide an audience through the process of using the tool that tokens like $TST would be created on. The path from the introduction to the video’s setup would wind its way toward the spotlight for the $TST.

Is TST Worth the Hype??

As the hype increased, TST's price skyrocketed like it was on a rocket. Such phenomena are not rare in the crypto world, but every participant hopes to be the one who positioned themselves early. TST's market cap once reached an astonishing height, yet behind every surge lies the risk of bubble burst

Although memecoins are fun asset types, they are used to learn about cryptocurrency and blockchain technology. Generally much less expensive than other cryptocurrencies. Potential participation in an active investing and trading community.sometimes high risk and volatility is seen. Often over-hyped by developers or a community.

Conclusion: 

The $TST token’s ascent of 4700% in 30 minutes is one of the most eye-catching stories in the crypto world of late. The dramatic sequence of events—from an educational video issued by the BNB Chain team to a savvy trader’s early investment to a tweet from CZ—that’s now playing out in the world of meme coins and crypto trading has people once again talking excitedly about the potential for enormous gains in this market. While the $TST token’s meteoric rise has indeed showered some with unexpected rewards, it’s also serving as another vivid illustration of the wildly volatile and completely unpredictable nature of the crypto market.