Breaking
February 6, 2025

BNB Chain team launches Test (TST) token, buyers sniped it and kept trading Hristina Vasileva | usagoldmines.com

A team building on BNB Chain wanted to showcase its meme token potential. To create an educational video, the team built a Test (TST) token, which was discovered by buyers and boosted for its meme potential. 

A new meme token has appeared – after a team wanted to just create a tutorial on BNB Smart Chain. The team wanted to showcase the four.meme platform, a launchpad for memes accessible to anyone. The video tutorial on creating a new asset was quickly taken down but then brought back, as Test (TST) was already posting a record price rally.

The tutorial drew attention from traders, who discovered the token and went on to boost its liquidity. Influencers started promoting the token after seeing its ticker in one of the video frames. The team just called the token TST for a test asset, but it was fully functional and tradable. The former CEO of Binance, Changpeng ‘CZ’ Zhao, noted that the token may continue to trade and be censorship-resistant despite being unofficial. 

The token rose to a market capitalization of over $37M, with $4.57M in liquidity. Despite the fact that Zhao put in a disclaimer, the mention was enough to draw extra attention to the asset. The first mention of the token was at a price range under $500K, though TST later went on to rally above $26M in fully diluted value. 

TST is now tagged as ‘test token deployed by Binance’, though no mention is made of an official status or an endorsement. However, meme traders quickly ran with TST, considering it a ‘stealth launch’ that has acquired cult status just because it looks like a mistake. The move is seen as a way to jump-start a meme season on BNB Smart Chain, which was otherwise losing DEX activity.

Is TST owned by insiders?

Zhao claimed the team only held a fraction of the TST supply and locked their initial wallets. Just hours after the token started trading, Bubblemaps noted the formation of activity clusters. 

TST completed its bonding curve on four.meme, and graduated to PancakeSwap, the most widely used DEX on BNB Smart Chain. The more active trading, with a liquidity pool holding $3.3M, led to the formation of token clusters and high-velocity trading between wallets. 

Test (TST) was sniped quickly, generating high-activity clusters after gaining popularity.
Test (TST) was sniped quickly, generating high-activity clusters after gaining popularity. | Source: Bubblemaps

It is possible that TST was sniped early while influencers in the Chinese crypto market were hyping the new asset. 

TST brought quick gains to early snipers, with one trader raking in $303.6K in BNB. The wallet was funded from KuCoin and had a previous record of aping into meme tokens, then selling for BNB. The second-best trader bought TST with just 2 wBNB for 7.8M TST. Later, the TST was sold for $258.2K. Other early snipers also locked in six-figure gains after selling during the strong initial TST rally.

Soon after the start of DEX activity, MEXC also listed the Test token. The asset traded between $0.02 and $0.04, though starting to unravel on selling pressure. 

Is BNB Smart Chain coming back?

BNB Smart Chain is trying to position itself as a viable alternative to Ethereum for cheap on-chain activity. The network has always supported robust traffic but saw an outflow of users after the slowdown of Web3 gaming. 

During the 2024 bull market, Binance focused on centralized trading, while its DEX activity, tokenization, and NFT lagged behind. 

Now, the chain is trying to tap into the meme frenzy by offering a new launch platform. The recently built four.meme platform is gaining adoption among Chinese crypto traders, setting a new, relatively accessible meme space. 

The launch of a new meme platform follows a recovery for PancakeSwap, with peak activity in January. The DEX recently rallied to the top 5 of fee producers in the past day, bringing $5.41M in fees. PancakeSwap started to revive in the new year, after ending 2024 with a relatively stagnant performance. 

BNB Chain remains one of the busiest ecosystems, with upward of 5,600 apps. The chain carries more wallets than Ethereum, though most are seeking low-cost activities. The launch of a meme token culture on BNB Chain may boost the chain’s activity.

Cryptopolitan Academy: Are You Making These Web3 Resume Mistakes? – Find Out Here

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

DeepSeek restricts access to models as demand exceeds server capacity Enacy Mapakame | usagoldmines....

XRP ETFs move forward as CBOE submits19b-4 filings for many issuers Jai Hamid | usagoldmines.com

Bybit makes peace in India, pays $1m Finance Ministry fine, agrees to full adherence to law Derek H ...

Fineqia AG Partners with Copper.co to Provide Custody for ETN Business Tanzeel Akhtar | usagoldmines...

Trump Media and Technology Group Files for ETFs, SMAs Julia Smith | usagoldmines.com

Shiba Inu Whale Moves 1.23 Trillion SHIB – Massive Rally Starting?  Trent Alan | usagoldmines.com

Ethereum Could Crash To $1,700 If This Support Fails, Analyst Says Keshav Verma | usagoldmines.com

SEC acknowledgment boosts chances for spot Litecoin ETF, in-kind redemptions for Bitcoin ETF Gino Ma...

Claim Your Share: Berachain’s BERA Token $632M Airdrop Details Revealed Debashree Patra | usagoldmin...

Telegram Mandates TON Connect on Crypto Wallets, Sparking Controversy Nidhi Kolhapur | usagoldmines....

Trump Media Files Trademarks for TruthFi Investment Vehicles, Including Bitcoin Plus ETF Nidhi Kolha...

Crypto News: Former Malaysian PM’s X Account Hacked in $3.4 Million Meme Coin Scam Anjali Belgaumka...

Dogecoin (DOGE) Eyes $0.22 Drop, Even as Whales Buy 750M Tokens Chandan Gupta | usagoldmines.com

Tether and Reelly Tech Partner to Transform UAE Real Estate Transactions Nidhi Kolhapur | usagoldmin...

Deribit Exits Russia Amid EU Sanctions, Limits Access for Russian Nationals Nidhi Kolhapur | usagold...

Strategy Set to Receive $12.75 Billion Boost To Balance Sheet: Bernstein Nidhi Kolhapur | usagoldmin...

Ethereum (ETH) Set to Hit $2,200 Level, Here’s Why  Chandan Gupta | usagoldmines.com

WIF Rally Imminent? Whale Buys 9.50 Million Meme Coin  Chandan Gupta | usagoldmines.com

Winklevoss twins’ Gemini is considering an IPO as soon as this year Jai Hamid | usagoldmines.com

Trump family company TMTG to launch USA-themed crypto and manufacturing ETFs under Truth.Fi brand Ha...

Czech approves Bitcoin tax exemption for long-term holders Ol | usagoldmines.com

Bitcoin Will Crash To Zero Within A Decade, Nobel-Winning Economist Claims Brenda Ngari | usagoldmin...

Ethereum Trades Inside A Multi-Year Bullish Pennant – Analyst Sees A Breakout Above $4K Sebastian Vi...

Ethereum targets April for Pectra upgrade with testing set to go live this month Assad Jafri | usago...

World Liberty Fi buys Ondo (ONDO) as the project launches its new chain for RWA tokenization Hristin...

Berachain shoots out of the gate with $1.5B market cap on first trading day Hannah Collymore | usago...

Mike Novogratz calls XRP Army proof that community drives investment value Jai Hamid | usagoldmines....

Dutch court releases Tornado Cash co-founder to electronic monitoring, TORN rallies Gino Matos | usa...

VanEck predicts Solana will reach $520 by the end of the year Jai Hamid | usagoldmines.com

Ethereum Faces $11B Sell-Off Threat – Will $ETH Fall Below $500? Tim Hakki | usagoldmines.com

Trader Explains Why XRP Could Skyrocket to $100 After Tristan Tate X Post Alejandro Arrieche | usago...

US Crypto Regulations vs. MiCA Rules: Are Global Standards Underway? Rachel Wolfson | usagoldmines.c...

Cardano Price Analysis: Is February Going to be “Crazy Month” of ADA Gains? Joel Frank | usagoldmine...

Analysts Say This Undervalued Crypto Could Skyrocket in 2025—Early Investors Are Buying In Cryptopol...

Japanese gaming giant Bandai Namco quietly cut 100 staff last year Collins J. Okoth | usagoldmines.c...

Smart Money is Rotating—Why $CHONE Might Be the Next Narrative Play Cryptopolitan Media | usagoldmin...

Solana’s BONK Roundtrips Total Gains From 2024, Here’s Why It’s A Good Buy Now Scott Matherson | usa...

Telegram’s exclusivity deal with TON sparks developer backlash Gino Matos | usagoldmines.com

Aptos (APT) Now Available on Ledger Live Tari | usagoldmines.com

New Mexico’s BTC Reserve Bill SB57 Opens Fund Investments Victor | usagoldmines.com

How to Buy Crypto on Base in 60 Seconds Tari | usagoldmines.com

Somnia Blockchain Hits 1.05 Million TPS, Announces Testnet Victor | usagoldmines.com

Burwick Law and Wolf Popper Demand PumpFun Remove Tokens Victor | usagoldmines.com

Ford CEO: Trump tariffs would wipe out billions in profits if they’re long lasting Florence Muchai |...

Tornado Cash developer Aleksey Pertsev released from detention with electronic monitoring Hristina V...

AI Agents Sell Off Hard as Crypto Markets Pull Back – Is This a Buy Opportunity? Tim Hakki | usagold...

Donald Trump Violated Anti-Solicitation Rules Over Meme Coin, Consumer Advocacy Group Says Julia Smi...

UK interest rates cut to 4.5% from 4.75%, their lowest for more than 18 months Florence Muchai | usa...

Momentum’s Here, Markets Are Moving—And $CHONE Could Be Next!  Cryptopolitan Media | usagoldmines.co...

Mutuum Finance (MUTM): The Underrated Token Poised for a Breakout in 2025 Cryptopolitan Media | usag...

Cardano Could Explode By 1,850% In ‘Monster Parabolic Rally’: Analyst Jake Simmons | usagoldmines.co...

Former Celsius CEO seeks delay in sentencing amid complex legal battle Assad Jafri | usagoldmines.co...

Kingdom Come: Deliverance 2 smashes sales records on day one Collins J. Okoth | usagoldmines.com

South Korea blocks access to DeepSeek from government devices Florence Muchai | usagoldmines.com

Canadian CIRO excludes crypto funds from reduced margin eligibility Florence Muchai | usagoldmines.c...

Web3 security breaches dent the industry over $98M in January 2025 Collins J. Okoth | usagoldmines.c...

Thailand’s TIDC appoints dao5 and Movement Labs founders as advisors Hannah Collymore | usagoldmines...

World leaders set to vie for AI domination at Paris summit Florence Muchai | usagoldmines.com

Tether CEO Paolo Ardoino denies rumors of launching a blockchain Cryptopolitan News | usagoldmines.c...

Elon Musk and his D.O.G.E now legally banned from the US Treasury systems Jai Hamid | usagoldmines.c...

Institutions are accumulating Ethereum in a new wave, ETH up 0.3% Florence Muchai | usagoldmines.com

Stanford and UW researchers build $50 open-source ChatGPT o1 rival Jai Hamid | usagoldmines.com

Can Dogecoin Rally Soon? Big Money Flows In, and a Bullish Reversal Might Be Next Simon Chandler | u...

Solana Revenues Skyrocket to $840 Million – Could SOL Price Hit $1,000? Simon Chandler | usagoldmine...

Survey Shows Asia Surpasses U.S. and Europe in Bitcoin Retail Trading Jimmy Aki | usagoldmines.com

Pump.fun Hit with Cease & Desist from Burwick Law Over 200+ IP-Infringing Meme Coins Hassan Shit...

Elon Musk Backs Blockchain-Driven Transparency in U.S. Treasury Operations Harvey Hunter | usagoldmi...

Sui and Libre Open On-chain Access to Range of Investment Funds for Institutions Sead Fadilpašić | u...

Brazilian EmpiresX Founders Fined $130M for Defrauding Crypto Investors Jimmy Aki | usagoldmines.com

1inch Network Updates Cross-Chain Swaps to Feature ZKsync Tanzeel Akhtar | usagoldmines.com

Meme Coin Market Plunges, But Could This Be the Setup for an Explosive Rebound? Alejandro Arrieche |...

TRUMP Coin Falters Amidst Presidency Backlash, But PEPETO Continues to Thrive Cryptopolitan Media | ...

Solana (SOL) and Ripple (XRP) Clash for Altcoin Market Dominance as New Rival Emerges with 14,544% P...

Elon Musk’s D.O.G.E achieves tons of Democratic outrage, yet to cut billions in US govt spending Jai...

Is FXGuys ($FXG) The Next 100x Opportunity? Growing Attention From PEPE And SUI Holders Suggests So ...

Trump Media unveils Bitcoin ETF amid financial services expansion Gino Matos | usagoldmines.com

World leaders set to vie for AI domination at Paris summit Florence Muchai | usagoldmines.com

PEPE Struggles Against Strong Resistance, Bearish Pressure Intensify Godspower Owie | usagoldmines.c...

Bold Prediction: XRP Holders On The Path To Millionaire Status—Analyst Christian Encila | usagoldmin...

Bitcoin Support Sits At $90,6K Short-Term Holder Realized Price – Expert Reveals Key Resistance Leve...

Solana celebrates a year without network failures as ecosystem thrives Oluwapelumi Adejumo | usagold...

Arthur Hayes warns US Bitcoin reserve plan would be a misguided political stunt Oluwapelumi Adejumo ...

Changpeng Zhao’s X post sends BNB Chain test memecoin soaring 10,000% Oluwapelumi Adejumo | usagoldm...

Ripple’s XRP Primed For Mega $4 Milestone As Crypto Giant Grayscale Vies For XRP ETF Approval Brenda...

XRP Ledger Velocity Nears Breakout Point — What It Means for Ripple and the XRP Price Newton Gitonga...

World’s Largest Corporate Bitcoin Holder With $46 Billion In BTC Has Just Rebranded — Here’s Why Bre...

Over 70% of Institutional Traders Plan to Steer Clear of Crypto in 2025: JPMorgan Survey Ruholamin H...

Saudi Economist Urges Gulf States to Develop Unified Crypto Payment Regulations Ruholamin Haqshanas ...

Ex-Malaysian PM Mahathir’s X Account Hacked to Shill Meme Coins Hassan Shittu | usagoldmines.com

IoTeX’s Larry Pang Named Co-Chair of Blockchain Association’s DePIN Working Group Veronika Rinecker ...

President Trump’s Son Says It’s Time to Buy Bitcoin – Is BTC About to Go Parabolic? Arslan Butt | us...

Why did USAID give $68+ million to the World Economic Forum? Florence Muchai | usagoldmines.com

Trudeau pivots Canada’s trade strategy: Reducing US reliance to eye global markets Florence Muchai |...

Bitcoin February flip! Retail dumps, whales prepare for the next leg up Ashish Kumar | usagoldmines....

Solana survived its record year with no network downtime Hristina Vasileva | usagoldmines.com

Shiba Inu Set For A 10-Fold Explosion? Analysts Predict 6,000% Surge Christian Encila | usagoldmines...

The Rich Bet Big on Bitcoin – Will the Market Manifest a Bull Run for Top Meme Coins? NewsBTC | usag...

Tether dismisses blockchain rumors, doubles down on AI innovation Oluwapelumi Adejumo | usagoldmines...

Coinbase defends customer asset rights in Prime Trust bankruptcy case Oluwapelumi Adejumo | usagoldm...

Solana’s on-chain GDP grew by over 300% in Q4, led by memes and bot activity Hristina Vasileva | usa...

Leave a Reply