What is TST coin?

The TST coin (Test Token) was originally created by the BNB Chain team as an educational demonstration, but due to a series of unexpected events, it evolved into a meme coin that has attracted much attention in the cryptocurrency market. TST is a BEP-20 token that runs on Binance Smart Chain (BSC).

Why the sudden surge?

The surge in TST coin prices can be attributed to several main factors:

- Misunderstanding and hype: BNB Chain released an instructional video on how to create meme coins on the Four.Meme platform, accidentally leaking the token name and contract address of TST. This caused misunderstanding and hype in the market, and many traders thought it was a project officially supported by BNB Chain.

- CZ's promotion: Binance founder Changpeng Zhao (CZ) posted a tweet on X (formerly Twitter) clarifying that TST is not an official project but included the contract address, further sparking community interest and causing the price to surge sharply in a short period.

- Influence of the community and KOLs: Particularly in China, cryptocurrency KOLs (Key Opinion Leaders) began to promote and hype TST, leading to a large influx of investors into the market.

- Market sentiment and speculation: The cryptocurrency market is very sensitive to new tokens, especially those related to well-known figures or events, and TST's unexpected exposure and CZ's comments sparked speculative behavior in the market.

- Liquidity and market depth: TST quickly gained sufficient liquidity on decentralized trading platforms (such as PancakeSwap), facilitating a price increase.

- High return expectations in a short time: Many investors hope to make quick profits, resulting in a significant amount of buying in the short term.

It is important to note that the price of meme coins is highly volatile, often based on speculation and market sentiment rather than actual technical or commercial value. TST's surge may not have long-term sustainability, and investors should carefully assess the risks.