Summary
- Test (TST) reportedly surged 350% due to its addition to Binance's 'Binance Alpha'.
- Binance Alpha selects projects reflecting market trends but does not guarantee listing.
- Former Binance CEO Changpeng Zhao clarified that TST is unrelated to Binance, yet it drew market interest and surged again.
The meme coin Test (TST) based on Binance Chain (BNB) is showing an upward trend, surging 350% from the previous day.
As of 23:58 on the 8th, TST is trading at $0.0836, according to CoinMarketCap.
Earlier that day, Binance added TST to 'Binance Alpha,' a collection of potential listing candidates. Tokens in Binance Alpha are selected from early-stage virtual asset projects reflecting market trends. Meanwhile, Binance has stated on its official website that being selected for Binance Alpha does not guarantee a 100% listing.
Meanwhile, TST gained attention when the BNB Chain team demonstrated the process of creating a test token in an educational video. Some traders began trading TST, which was the example token in the video, leading to a surge. Subsequently, Changpeng Zhao (CZ), former CEO of Binance, clarified that Binance is not related to the token, but this only drew more attention, causing another surge.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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