After the video went live, the TST Token was noticed by Chinese KOLs and began to be traded. This led to the token’s market cap rising to $30 million. The rapid spread of this development on social media and crypto communities misled investors.

Important Note: TST Token was used solely for educational purposes. However, if you still wish to purchase, more details can be found here.

Video Removed After TST Token Gained Popularity

The BNB Chain team decided to remove the video after TST Token quickly gained popularity. However, the content spread rapidly as the internet never forgets. Binance officials clarified that TST Token was only used for educational purposes and was not a real investment tool. The token was created exclusively for the educational video by the BNB Chain team.

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The TST Token used in the video was created through a creator address. After the video was released, the private key for this address was deleted. This address holds only 0.13% of TST Token, and the Binance team has no stake in it. This confirms that TST Token is not suitable for trading and was used solely for educational purposes.

Official Statement Clarifying the Token’s Status

Binance officials reiterated that TST Token has not been approved by BNB Chain and is not an official token. It is not a token that has been launched on the market, and neither Binance nor BNB Chain have any relationship with it. Moreover, BNB Chain has never offered this token as an investment opportunity.

BNB Chain and Binance are cautioning investors about potential misunderstandings regarding this incident. TST Token was solely an educational tool and does not present a legitimate investment opportunity. Misinformation and hype can easily spread in the crypto world, misleading investors. Therefore, it is crucial to thoroughly check the actual project and official statements before investing in any token.

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