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Developers Sold All Their Tokens in This Altcoin: CZ Had Previously Stated That the Developer Address Had Been Deleted

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Developers Sold All Their Tokens in This Altcoin: CZ Had Previously Stated That the Developer Address Had Been Deleted

Test (TST) developer address 0x1a1…66f4 sold over $30,400 worth of TST in four transactions 12 hours ago, liquidating all of its holdings.

Binance founder Changpeng Zhao (CZ) revealed a few months ago that TST was a test token created as a sample by the BNB Chain team in a training video on the four.meme platform. CZ noted that the token name appeared in a 1:18 second frame in the video, after which some community members acquired the token and began trading.

CZ also stated that the private key for the creator address used in the training video had been deleted and that the team (or Binance) did not own any of these tokens. Despite this, recent sales of the developer address in question have drawn attention.

Developers Sold All Their Tokens in This Altcoin: CZ Had Previously Stated That the Developer Address Had Been Deleted

CZ’nin TST ile ilgili attığı ve geliştiricilerin adresini sildiğini söylediği tweet.

The TST token, which evolved into a memecoin, was also listed on the spot market on Binance after its popularity. Despite this, the TST price has fallen 95% from its all-time high. The token is not listed on any major cryptocurrency exchanges other than Binance, Kucoin, and MEXC.

*This is not investment advice.

Source

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