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TST dev wallet emptied; private key whereabouts unknown.

11.08.2025 18:07

The mystery surrounding the $TST token continues to deepen, with recent activity raising serious questions. Twelve hours ago, a significant event unfolded: the developer wallet, address 0x1a1…66f4, liquidated its entire holding of $TST tokens, netting over $30,400 in four rapid transactions. This unexpected move contradicts previous statements made by Binance CEO, CZ, who publicly declared $TST a harmless test token utilized in a BNB Chain instructional video, and further claimed the associated private key had been destroyed.

The token's history is equally intriguing. Originally launched on the BNB Chain as a seemingly innocuous tool for demonstrating memecoin creation, $TST unexpectedly evolved into a promotional vehicle for BNB Chain's memecoin trading ecosystem. This transformation was dramatically accelerated on February 6th, 2025, when CZ heavily promoted the token, leading to its listing on Binance three days later. The market reacted explosively; the token's market capitalization briefly soared to $500 million before settling at $217 million by the end of the day. This sudden surge catapulted $TST to the top of BNB Chain's memecoin rankings, a position that proved short-lived.

However, the narrative took a sharp turn just four days after its Binance listing. CZ abruptly shifted his support to a new wave of memecoins branded "$BROCCOLI," named after his dog, effectively abandoning $TST. This shift initiated a significant price decline for $TST, highlighting the volatile nature of the memecoin market and the influence wielded by prominent figures like CZ. The recent emptying of the developer wallet, therefore, adds another layer of complexity to this already convoluted story, leaving many to question the true nature of $TST and the motivations behind its creation and subsequent abandonment. The seemingly contradictory statements and actions surrounding the project have fueled intense speculation and uncertainty within the cryptocurrency community.