The TST token was originally developed for an instructional walkthrough on the Four.Meme platform, a memecoin launchpad on BNB Chain.
A test token created by the BNB Chain team for a tutorial video became the subject of a trading frenzy, reaching a market cap of over $11 million despite having no intended value.
The TST token was created for an instructional walkthrough on the Four.Meme platform, a memecoin launchpad on BNB Chain. However, its name was visible for a single frame in the tutorial video, which led traders to begin speculating on the token.
BNB Chain co-founder Changpeng ‘CZ’ Zhao addressed the situation on X, explaining that a BNB Chain team member initially removed the video after realizing the test token had been exposed.
CZ then directed the team to restore the video, emphasizing that TST was purely for demonstration purposes and had no official backing from Binance or its team.
When CZ highlighted the token, its market cap was around $494,000 — a small fraction of the speculative heights TST later reached.
CZ also noted that the token was not an official project and had no inherent value beyond its role in the tutorial, adding that his statement was not an endorsement but merely an acknowledgment of the situation.
The TST token saga is a testament to the speculative frenzy surrounding memecoins, where even a test token with no intended value can experience extreme price swings fueled by hype and FOMO-driven trading.
This phenomenon was also evident with the Unicorn Fart Dust (UFD) token, which was created as a satirical commentary on speculative crypto bubbles.
Both instances showcase how memecoins, despite lacking fundamental utility, continue to attract traders seeking to capitalize on short-term gains — often exposing them to low liquidity, rug pulls, and sudden price collapses.
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