The post Test Token (TST) Down 60% – Best Meme Coins to Buy Instead appeared first on Coinpedia Fintech News
One meme coin facing high volatility this week is Test Token (TST), which tumbled nearly 60% from its all-time high of $0.5 on 9 February.
Early hype around TST after its recent Binance listing had sent the token to see massive gains.
However, the excitement was short-lived after former Binance CEO Changpang Zhao’s disassociation with the token. This is why many investors are now turning to other utility-focused meme coins with high long-term potential.
TST Plunges 60% After Exponential Gains
Binance announced the listing of Cheems (1000CHEEMS) and TST on February 9. Both tokens were flagged under Binance’s “seed tag,” warning of higher-than-normal risks. This announcement created enough hype to see exponential growth toward $0.5, reaching a market cap of around $500 million.
However, Binance co-founder and former CEO Changpeng Zhao (CZ) quickly clarif
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