📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
TST Twist: Developer Wallet Unleashed, Community Questions CZ
According to the latest report, the development address of TST — a meme token on BNB Chain — has sold over 30,400 tokens, completely exiting its TST position. This is particularly noteworthy because Binance founder CZ had previously stated that TST was merely a test token used in the BNB Chain tutorial video and the team has deleted the private key for the token creator's address. The Community Doubts CZ's Statement About Token TST TST (Test Token) on BNB Chain was initially just a test token in the tutorial video of the BNB Chain team on the four.MEME platform. However, the community discovered it and pushed the price up. In February 2025, CZ posted on X to explain the situation. He mentioned that a single frame in the tutorial video accidentally revealed the name "TST", causing the Chinese community to start trading it. This has pushed the market capitalization of the token to $494,560 at that time. At its peak, the market capitalization of this token exceeded $50 million.
He emphasized that the team has deleted the private key and that no one in the team or Binance holds any TST tokens. He also stressed that TST is not an official token and is only used for demo purposes. However, Collin Wu, a well-known cryptocurrency media figure, recently reported that this address has sold over $30,400 worth of tokens in four transactions. This contradicts CZ's statement and raises doubts about transparency.
Currently, CZ - the former CEO of Binance - has not yet responded on his X account regarding the actions of the wallet. However, the comments seem to be directed at him. "Someone has lied about the private key here," a trader commented on X. TST Decrease 100% Compared to the Highest Level in February Previously, TST had decreased by 68%, reaching an all-time low of $0.01547. Although the price is currently trading around $0.02, data from BeInCrypto shows that since its launch, the entire price history of TST has been on a prolonged downward trend.
At the end of May, TST also experienced a strong price drop. The price fell by more than 40% almost immediately after an anonymous whale sold a number of tokens worth 6–7 million dollars. This shows that large holders have a significant impact on the volatility of TST. CoinMarketCap data shows that the daily trading volume of TST is only about $25.7 million, of which more than 26% comes from Binance. This reflects the low demand for TST. Added to the fact that it is just a meme token with no utility and now the developer has left, the future of this token looks bleak.