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The crypto market is no stranger to bizarre and unpredictable trends, especially in the meme coin space. Dogecoin (DOGE) was created as a joke but became the largest meme coin, reaching a market cap of over $69 billion at its peak.
On Feb 6, 2025, the market witnessed another addition to this phenomenon with the Test token (TST). TST was originally created during a video demonstration by the BNB Chain team, but inadvertently became a meme coin on BNB chain, reaching a peak market cap of $489 million. In this article, we’ll explore TST’s origin and its accidental rise to fame, and see where the token can be traded.
Key Takeaways:
TST was never intended to be a tradable asset, but it gained traction after a tutorial video accidentally exposed its name, triggering a speculative frenzy.
Binance co-founder CZ’s mention of TST and BNB Chain’s subsequent listing fueled the token’s meteoric rise, despite CZ’s explicit disclaimers.
Like all other meme coins, TST remains extremely volatile. In its first three days, the token’s price appreciated by a factor of 200x, and in the days following that, it has retraced almost 70%.