TST Developer Sells $30,400 in Tokens Amid Price Drop to $0.02 and Fading Demand

The TST token developer wallet recently sold approximately $30,400 worth of tokens, effectively exiting its position in the market [1]. This move has sparked widespread concern over the token’s transparency, particularly in light of Binance CEO CZ’s previous assertion that the private key for the developer wallet had been deleted, and that no TST tokens were retained by the team or Binance [1]. The sale contradicts CZ’s statements and has led to growing skepticism within the community about the authenticity of these claims [1].

The TST token, originally created as a test asset in a BNB Chain tutorial video, gained unexpected popularity and surged in value, with a market cap briefly exceeding $50 million [1]. However, the token has since experienced a significant price decline. As of the latest data, TST trades at around $0.02, a sharp drop from its peak [1]. COINOTAG reported that the token hit an all-time low of $0.01547 earlier in 2025 [1]. This prolonged downward trend reflects weak demand and a high degree of volatility driven by large whale activity [1].

TST’s daily trading volume remains at approximately $25.7 million, with over 26% of that activity attributed to Binance [1]. The relatively low trading volume suggests limited interest in the token and raises concerns about liquidity and long-term sustainability. The developer’s exit further exacerbates these concerns, as it removes a key figure from the token’s narrative and adds to the perception of unreliability [1].

The TST token’s trajectory highlights the risks associated with meme tokens, which often lack intrinsic utility and are subject to market sentiment and large holder influence. The recent developer wallet sale and the token’s sharp price decline reinforce the community’s doubts about the project’s legitimacy and future potential. As the market continues to react to these developments, TST faces an uncertain path forward, with no clear signs of recovery [1].

Source: [1] Community Questions Transparency as TST Developer Wallet Exits Position Amid Declining Demand and Price Concerns (https://en.coinotag.com/community-questions-transparency-as-tst-developer-wallet-exits-position-amid-declining-demand-and-price-concerns/)