Alisa Davidson
Revealed: February 06, 2025 at 9:10 am Up to date: February 06, 2025 at 10:11 am
Edited and fact-checked:
February 06, 2025 at 9:10 am
In Transient
Changpeng Zhao clarified in a put up on X that TST just isn’t an official token of the BNB Chain staff or another group however a take a look at token created for a video tutorial.
Co-founder of the cryptocurrency change Binance and its former CEO, Changpeng Zhao, clarified in a put up on social media platform X that TST just isn’t an official token of the BNB Chain staff or another group. It’s merely a take a look at token created for a video tutorial.
The put up got here in response to a latest incident wherein a member of the BNB Chain staff posted a step-by-step instructional video on the right way to launch a memecoin on the 4.meme platform, designed to facilitate the creation and launch of memecoins on the Binance Good Chain (BSC). Within the video, a token named TST was used for instance. The token’s title grew to become seen briefly on the 1:18 mark of the video.
Following this, a Chinese language group influencer started buying and selling and selling the TST token, inflicting its market cap to rise to over $494,000. Upon studying of this, the BNB Chain staff member eliminated the video and in addition deleted the non-public key for the tutorial creator’s tackle, which held 0.13% of the token. Changpeng Zhao confirmed that neither he nor anybody on the Binance staff holds any of the TST tokens.
Changpeng Zhao later suggested the BNB Chain staff to revive the video, because it was supposed for instructional functions. Nonetheless, he emphasised that this isn’t an endorsement of the TST token from him or Binance.
As of the newest knowledge from GMGN, the market capitalization of the TST token stands at $1.3 million.
What Is 4.meme?
The platform empowers creators and communities to develop and introduce meme tokens with minimal prices and technical boundaries. The platform gives a user-friendly interface for configuring token particulars, setting buying and selling parameters, and launching tasks with out requiring coding experience. Moreover, 4.meme helps varied cryptocurrencies, together with BNB, USDT, WHY, and CAKE, offering flexibility for customers.Â
Working on BSC, it advantages from the community’s quick transaction speeds, low prices, and entry to deep liquidity swimming pools.Â
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About The Creator
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
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Alisa Davidson
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
Extra articles
