Traders have fallen to about $ 15 million because they write a test token created by the BNB chain team before pumping a tutorial video with more than $ 35 million market cap.
The token was created for step -by -step video exercises to make a memo on the Four.Meme platform, a lunch pad for the social tokens of BNB chains.
According to the X Post of Binance’s co -founder, CZ, Zhao, the name of the meme was released in a single frame of training videos, and the BNB chain member was removed when discovering this problem.
But the founder of Binance told the team to back up the video. At the time of CZ’s X POST, the market cap of TST tokens was about $ 494,000.
source: CHANGPENG Zhao
The CZ also made it clear that his position was not the approval of the token and “not the official token of the BNB chain team or others. Test tokens used only in video tutorials. There is nothing more. ”
Memecoin’s rapid rise and price volatility emphasizes the terrible popularity of niche asset classes, which are being investigated by financial regulators and US lawmakers in recent weeks.
TST token’s price behavior. source: Four.meme
relevant: Jupiter Dex, former Malaysian Prime Minister Prime Minister Prime Minister Prime Minister
Memoin facing the legal heat of the United States
PUMP.FUN, a Memecoin Launch platform of Solana Network, is facing proposed class action lawsuits by investors who claim the platform that sells and sells securities that are not registered by the platform.
The lawsuit, which Diego Aguilar submitted to the southern New York on January 30, claimed:
“The speculative characteristics of Memecoin transactions and the prevalence of market manipulation have eroded trust in legitimate cryptocurrency markets and blockchain technology, which damaged the reliability of a wide range of digital asset ecosystems.”
In January 2025, US President Donald Trump’s Memecoin was also criticized by US lawmakers and lawyers, and he insisted that memo coins could potentially create political conflicts.
David Lesperance lawyer argued that Memecoin created a foreign influence on the president that the launch of Memecoin was a violation of the US Constitution.
Senator Elizabeth Warren, a member of the Senator of Massachusetts, mentioned the same concerns as a lesion, calling for an investigation into the official Trump (Trump) memo.
magazine: Memecoins: betrayal or true purpose for the abnormalities of Crypto?
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.