The TST token’s developer wallet recently sold $30,400 worth of tokens, contradicting Binance CEO CZ’s claims that the private key was deleted.
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The developer wallet’s exit raises significant doubts about the transparency of TST’s status.
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The TST token has seen a steep decline in price, indicating low demand and high whale influence.
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Recent data shows TST’s trading volume is only about $25.7 million, with a significant portion from Binance.
The TST token developer’s recent $30,400 exit raises questions about transparency and the future of the token, which has seen significant price declines.
| TST Price History | Current Price | Market Cap |
|---|---|---|
| All-time low of $0.01547 | $0.02 | Over $50 million at peak |
What is the TST Token?
The TST token is a meme token on the BNB Chain, initially created for educational purposes in a tutorial video. However, it gained unexpected popularity, leading to significant trading activity.
Why Did the Developer Wallet Sell Tokens?
Recently, the TST developer wallet sold over $30,400 worth of tokens, raising questions about the authenticity of Binance CEO CZ’s claims that the private key was deleted. This contradicts previous statements and has led to skepticism within the community.
Frequently Asked Questions
What is the current price of TST?
The current price of TST is approximately $0.02, following a significant drop from its all-time high.
Why is there skepticism about CZ’s claims?
The skepticism arises from the recent sale of tokens by the developer wallet, which contradicts CZ’s statements about the private key being deleted.
Key Takeaways
- Developer Wallet Exit: The wallet sold $30,400 worth of TST tokens, raising transparency concerns.
- Price Decline: TST has dropped significantly, reflecting low demand and high whale influence.
- Market Activity: Daily trading volume is low, indicating a lack of interest in the token.
Conclusion
The recent developments surrounding the TST token highlight significant transparency issues and a bleak outlook for its future. As the community questions the credibility of statements made by Binance CEO CZ, the token’s price continues to reflect a downward trend.
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The TST token’s developer wallet sold $30,400 in tokens, fully exiting, despite CZ’s claim the private key was deleted.
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Community questions CZ’s statement as sales contradict the narrative of no team-held TST.
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TST price history shows steep declines, high whale influence, and low demand, signaling a grim outlook.
According to the latest report, the development address of TST — a meme token on BNB Chain — sold over $30,400 tokens, completely exiting its TST position.
This is especially notable because Binance founder CZ previously claimed that TST was only a test token used in BNB Chain’s tutorial video, and that the team had deleted the private key for the token’s creator address.
Community Doubts CZ’s Statement About TST Token
The TST (Test Token) on BNB Chain was originally just a test token in the BNB Chain team’s tutorial video on the four.meme platform. However, the community discovered it and pumped its price sharply.
In February 2025, CZ posted on X to explain the situation. He said a single frame in the tutorial video accidentally revealed the name “TST,” which led the Chinese community to start trading it.
This pushed its market cap at the time to $494,560. At its peak, the token’s market cap exceeded $50 million.
😂 A tricky situation. A BNB Chain team member just told me this:
“We did the step by step video education for launching meme token on https://t.co/74psayTeug platform. In this video, we launched a token named TST as the example.
When we posted the education video yesterday,… https://t.co/lD77CaQDCj
— CZ 🔶 BNB (@cz_binance) February 6, 2025
He emphasized that the team had deleted the private key and that no one in the team or Binance held any TST tokens. He also stressed that 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 sold over $30,400 worth of tokens in four transactions. This contradicts CZ’s statement and raises doubts about transparency.
TST Developer Wallet’s Selling Transactions — Source: gmgn
Currently, CZ — the former Binance CEO — has not responded on his X account to the wallet’s actions. However, comments appear to be targeting him directly.
“Someone lied about the private key here,” one investor commented on X.
TST Fell 100% From Its February High
Previously, COINOTAG reported that TST had dropped 68%, hitting a new all-time low of $0.01547.
Although the price is now trading around $0.02, COINOTAG data shows that since launch, TST’s entire price history has been a prolonged downward trend.
TST Price Performance. Source: COINOTAG
At the end of May, TST also experienced a severe drop. It fell by more than 40% almost instantly after an anonymous whale sold $6–7 million worth of tokens. This shows that large holders heavily influence TST’s volatility.
CoinMarketCap data shows TST’s daily trading volume is only about $25.7 million, with more than 26% of that coming from Binance.
This reflects low demand for TST. Combined with the fact that it is just a utility-free meme token and now its developer has exited, the token’s future looks bleak.
