A tutorial video, intended as a learning material for token creation on the Four.Meme platform, led to an unexpected surge in test token $TST's value. The situation drew the attention of Binance founder Changpeng Zhao, causing further market changes.
Unexpected Token Success
On February 6th, a BNB Chain team member released a tutorial video meant to demonstrate the token creation process on Four.Meme. During the video, the $TST token identifier briefly appeared, leading to its further dissemination and a sharp increase in market capitalization.
CZ's Response and Market Impact
A Chinese influencer discovered and actively promoted the token, driving its market capitalization to $500,000. Following Changpeng Zhao's intervention, which included deleting the creator's private key and other security measures, the token's value soared to millions of dollars.
Four.Meme Platform Context
Four.Meme is a memecoin launchpad on the BNB Chain. This incident highlighted their popularity and market influence, despite Changpeng Zhao's statements of non-affiliation with the project.
This case illustrates how quickly cryptocurrency markets can react to social media and the influence of prominent figures. Currently, $TST continues to trade, but its future remains uncertain, as it lacks fundamental backing or official support.
