The TST token on BNB Chain began as a test for a tutorial video but soon became a well-known memecoin. This article explores its journey from a simple test to a cryptocurrency worth hundreds of millions of dollars.
TST's Story: An Accidental Rise
On February 6, 2025, a BNB Chain team member was creating a tutorial video. They aimed to demonstrate token creation using the Four.Meme platform. During the recording, they accidentally revealed the test token name, TST. This quickly caught the attention of Chinese cryptocurrency influencers. When Binance founder Changpeng Zhao (CZ) commented on the token, interest further skyrocketed. Within two days, TST's market value surged to 500 million dollars.
TST's Current State
Although TST's price has decreased from its peak, it remains a significant player in the memecoin market. At the time of writing, TST maintains a market value of over 100 million dollars. The token has its own website and social media presence. TST holds the second spot on Four.Meme's market capitalization leaderboard.
Analyzing TST's Tokenomics
TST's token structure is straightforward due to its launch through Four.Meme. The total supply is capped at 1 billion tokens, all in circulation. With over 25,000 addresses holding TST, it shows widespread ownership. The largest holder is a Binance address, controlling 63.2% of all tokens. Notably, the second-largest holder is a burn address, which means about 5% of all tokens have been permanently removed from circulation. Additionally, there is one unknown large holder owning 3.8% of the total supply.
TST's journey as a token created for a tutorial video that evolved into a significant memecoin highlights the unpredictability of the cryptocurrency market. Despite its positive aspects, such as CZ's backing and an interesting origin story, potential investors should carefully consider the associated risks. As with any cryptocurrency, TST's price can fluctuate rapidly, making it a high-risk investment.
