Test Token (TST) Price Increases 800%, On Track to Become Top 1 BNB Chain Meme Coin

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Data recorded by BeInCrypto shows that the price of the Test token (TST) has increased by nearly 800% in a short period of time after a series of news was listed on several trading platforms.

Test coin but the trading value is real

Data from CoinGecko shows that at the time BeInCrypto wrote this article, the TST token is being traded at a level of $0.1498. The most recent 24-hour trading volume reached nearly $114 million with a market capitalization of around $145 million.

TST token price trend. Source: GMGNTST token price trend. Source: GMGN

If yesterday, the rise in the price of the TST token came from the "accidental" move by the BNB Chain team to launch and the "shill" action of former Binance CEO CZ, then today the Test token has and is receiving more and more attention in the community. Accordingly, Binance Alpha has also added the Test token to its list. Some CEX exchanges like LPBank have also supported the trading of this meme coin.

Capitalizing on the seemingly accidental success of TST as well as believing in the potential of the meme coin ecosystem on the BNB Chain, Bitget Wallet has also launched the MemeX feature to track meme coins in real-time.

Top wallet addresses with large profits on TST at the momentTop wallet addresses with large profits on TST at the moment

Taking advantage of the strong price increase of the TST token, many investors have made huge profits. According to Lookonchain, the TST wallet address with the biggest profit at the moment is over $2 million. In addition, another wallet address has spent 903 BNB to buy 6.98 million TST at a price of $0.078. At the current TST price, this investment has doubled in value in less than 3 hours.

In the latest move, former Binance CEO CZ has stated that TST has a website and an account on X. However, he affirmed that none of these websites were created or controlled by BNB Chain or any group related to Binance. Notably, the creators of these channels are still using the Binance logo without permission. At the end of his tweet, CZ couldn't help but reassure the community by further stating that he has never bought and does not own TST. However, it seems that the more he denies it, the greater the FOMO of investors, and it is directly reflected in the fact that the price of TST is still rising hourly.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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