Changpeng Zhao Offers Insight on TST Token's Current Standing as Its Market Capitalization Thrives.

In Brief

Zhao explained in a post on X that TST does not represent any official affiliation with the BNB Chain team or any other entity; it is simply a test token made for an instructional video.

Changpeng Zhao Offers Insight on TST Token's Market Cap Surge to $1.3 Million.

As the co-founder and former CEO of Binance, Zhao expressed on social media that TST is not an official token from either the BNB Chain team or any other organization, just a test token created for an educational purpose. Changpeng Zhao This clarification followed an incident where a BNB Chain team member posted a detailed video guide demonstrating how to create a memecoin on the platform, aimed at aiding users in launching such tokens on the Binance Smart Chain (BSC). The token TST was showcased as an example and its name appeared briefly around the 1:18 mark of the video.

After this exposure, a prominent influencer from the Chinese community began trading and endorsing TST, leading to a market capitalization surge exceeding $494,000. Upon discovering this, the team member withdrew the video and erased the private key belonging to the address used in the tutorial, which contained 0.13% of the token's total supply. Zhao confirmed that he and his Binance colleagues do not hold any TST tokens. Four.meme 😂 A bit of a complex situation here. Just got a message from a BNB Chain team member saying:

"We created a detailed instructional video on how to launch a meme token on the platform. In that video, we used TST as an illustrative case. BNB Chain As we published this video yesterday,…

Later, Changpeng Zhao advised the BNB Chain team to make the video available again, underlining that it was purely for educational intent while clarifying that this should not be seen as an endorsement for the TST token by him or Binance.

As reported by GMGN, the latest market cap for TST token is around $1.3 million. https://t.co/74psayTeug The platform allows creators and communities to produce and introduce meme tokens with minimal costs and technical expertise. It provides a straightforward interface for setting up token specifications, adjusting trading settings, and launching projects without any coding knowledge. Additionally, Four.meme supports multiple cryptocurrencies like BNB, USDT, WHY, and CAKE, giving users varied options.
Built on the BSC, it benefits from the network's quick transaction speeds, low fees, and access to substantial liquidity pools. https://t.co/lD77CaQDCj
— CZ 🔶 BNB (@cz_binance) February 6, 2025

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Alisa, a committed journalist at Cryptocurrencylistings, focuses on cryptocurrencies, zero-knowledge proofs, investments, and the broad scope of Web3. With her sharp insight into emerging trends and technologies, she provides in-depth coverage to enlighten and engage readers in the ever-changing world of digital finance.

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or z addresses would\"ve 5x\"ed pic.twitter.com/1AwCcoxmVr
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Changpeng Zhao Offers Insight on TST Token's Current Standing as Its Market Capitalization Thrives.

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In a recent update on X, Changpeng Zhao explained that the TST token does not represent an official entity of the BNB Chain team, but is merely a test token designed for a tutorial video.