With the rising popularity of cryptocurrencies supported by the US-friendly market conditions, enthusiasts are actively investing in and capitalizing on this bullish movement. Today, a new meme coin, popularly known as Test (TST), witnessed spectacular price spikes following its listing on Binance Alpha.
TST got listed for spot pre-market trading
Today, Binance Alpha, a new platform (owned by Binance) for pre-listed tokens, listed TST on its spot pre-market trading platform. The addition of TST coins to Binance Alpha’s pre-market platform is a crucial development. It provides crypto users with the opportunity to interact with TST tokens before they get listed for spot trading.
This private access enables crypto investors to acquire TST coins ahead of the market and lock in their purchases early. The token listing on Binance Alpha demonstrates that TST is an innovative project that offers inspiration and unique benefits to the crypto community.
Just a few minutes after the Binance Alpha announcement, TST experienced a significant price rise of over 150% to hit a high of $0.08. It is currently trading at $0.075 after witnessing a price rise of 296.59% over the past 24 hours.
Binance token listings often trigger massive price surges since it is one of the largest crypto trading platforms in the world. The same trend is being seen in TST’s trading performance. The token’s price trend arose within a few minutes because of the extremely excited community of investors on the Binance platform, thanks to the current bullish market.
According to data shared by Lookonchain, a trader sold 29.35 million TST tokens for $2,078 in the past; currently, these tokens are worth more than $2.3 million.
TST price analysis
TST, an experimental meme coin owned by the BNB blockchain, experienced a tremendous price rise after Binance founder CZ triggered the hype. On Thursday, Feb.6, CZ posted on X a tutorial video on how to create meme tokens on the Four.meme platform, using TST as an example.
Although the video was not intended to expose TST’s name, it went viral rapidly, drawing interest from investors and Chinese crypto influencers. The meme coin witnessed a gigantic increase, rising by up to 4600% within the first 30 minutes. This dramatic surge rapidly caught curiosity within the crypto community.
With its market capitalization climbing to $52 million before settling on $15 million, the memecoin demonstrated robust interest from users within the first two hours of trading. Backed by robust support from the crypto community, TST not only represents a narrative within the digital asset industry but also provides new possibilities for investors.
