The Rise and Fall of the BNB Chain Test Token: A Cautionary Tale of Meme Coin Mania Byline: Lessons…

Introduction
In the volatile world of cryptocurrencies, even test tokens designed for tutorials aren’t immune to market frenzy. A recent incident involving a BNB Chain test token, TST, highlights the speculative chaos gripping the meme coin ecosystem. This article unpacks the token’s meteoric rise to a $35 million market cap, its abrupt crash, and the broader implications for crypto regulation and investor caution 13.

The token, TST, was created as part of a BNB Chain tutorial video demonstrating how to launch a meme coin using the Four.Meme platform. Despite its purely educational purpose, the token briefly appeared in a single frame of the video — a slip-up that inadvertently sparked a buying frenzy. Within hours, TST’s market capitalization skyrocketed to 35millionbeforeplummetingto35millionbeforeplummetingto15 million, leaving traders scrambling 13.

Binance co-founder Changpeng “CZ” Zhao clarified that TST was never an official BNB Chain project, calling it a “demonstration token.” The video was temporarily removed but later reinstated after CZ intervened…