Bitcoin

Did BNB Developers and CZ Lie About TST Token?

According to the latest report, TST’s development address – a meme token on the BNB channel – sold more than $ 30,400, completely leaving its TST position.

This is particularly notable because the founder of Binance CZ previously said that TST was only a test token used in the tutorial video of the BNB channel, and that the team had deleted the private key for the address of the token designer.

The TST (test token) on the BNB channel was originally only a test token in the tutoring video of the BNB channel team on the Four.meme platform. However, the community discovered it and has strongly pumped its price.

In February 2025, CZ posted on X to explain the situation. He said that a single tutorial video manager accidentally revealed the name “TST”, which led the Chinese community to start exchanging it.

This pushed its market capitalization at the time to $ 494,560. At its peak, the market capitalization of the token exceeded $ 50 million.

He stressed that the team had deleted the private key and that no one in the team or the binance contained TST tokens. He also pointed out that the TST was not an official token and was only for demonstration purposes.

However, Collin Wu, a popular Crypto media figure, recently reported that this address had sold more than $ 30,400 of token in four transactions. This contradicts the CZ declaration and raises doubts about transparency.

TST developer sales transactions – Source: GMGN

Currently, CZ – The former CEO of Binance – has not responded to his account to the portfolio. However, the comments seem to target it directly.

“Someone lied to the private key here,” said an investor on X.

TST has dropped 100% from its February summit

Previously, Beincrypto reported that TST had dropped by 68%, reaching a new lower of all time of $ 0.01547.

Although the price is now negotiated about $ 0.02, Beincrypto data show that since the launch, TST prices history has been a prolonged downward trend.

TST price performance. Source: Beincrypto
TST price performance. Source: Beincrypto

At the end of May, TST also experienced a severe decline. He dropped more than 40% almost instantly after an anonymous whale sold for 6 to 7 million dollars of tokens. This shows that the big carriers strongly influence the volatility of TST.

Coinmarketcap data show that TST’s daily trading volume is only about 25.7 million dollars, with more than 26% of it from Binance.

This reflects a low request for TST. Combined with the fact that it is just a token of memes without utility and that its developer has now been released, the future of the token seems dark.

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In membership of the Trust project guidelines, Beincrypto has embarked on transparent impartial reports. This press article aims to provide precise and timely information. However, readers are invited to check the facts independently and consult a professional before making decisions according to this content. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.

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