TST Token Developer Dumps $30K, Sparks Community Outrage
The TST token, initially created as a tutorial example by the BNB Chain team, has become a focal point of controversy. What was meant to be a harmless demonstration of memecoin creation has spiraled into one of crypto's most volatile narratives this year.
A developer abruptly sold over $30,400 worth of TST tokens in four transactions, completely exiting their position. This MOVE has ignited fury within the community, particularly since the private key for these tokens was supposedly destroyed. Traders are demanding transparency regarding how the sale was executed under these circumstances.
The token's unintended rise to prominence began when its name appeared in a tutorial video, triggering a speculative frenzy. At its peak in early February, TST reached $0.52 with a market capitalization exceeding $200 million. The recent developer dump has accelerated its downward trajectory.