12.08.2025 04:52
The Test (TST) token, initially a simple training tool, has unexpectedly become the center of controversy. Four transactions, totaling over $30,400, recently emptied the developer's wallet of all remaining TST tokens within a mere 12-hour period. This revelation directly contradicts a previous statement by Binance CEO Changpeng Zhao (CZ), who publicly claimed the developer's address had been permanently deleted months prior.
CZ's earlier comments, made during a training video on the four.meme platform, explained that TST was a sample token used for educational purposes by the BNB Chain team. He highlighted its fleeting appearance—a mere 1:18 seconds—in the video, suggesting the subsequent community interest and trading volume were unforeseen. The deletion of the private key associated with the developer address was presented as assurance that Binance or the team retained no TST holdings.
This recent sale, however, dramatically undermines CZ's assertion. The token, initially intended as a teaching aid, unexpectedly gained traction, evolving into a memecoin and securing listings on prominent exchanges like Binance, KuCoin, and MEXC. Despite this initial success, the TST price has plummeted, experiencing a staggering 95% decline from its peak. Its current market presence is limited to these three exchanges, further highlighting the volatility surrounding the project.
The unexpected liquidation of the developer's TST holdings raises serious questions about transparency and the true nature of the project’s genesis. The significant price drop serves as a cautionary tale regarding the unpredictable nature of memecoins and the importance of independent verification before investing. This information is for informational purposes only and does not constitute financial advice.