Recent statements by Changpeng Zhao, former CEO of Binance exchange, have significantly impacted the recent price trend of Token Test (TST) related to BNB Chain. The token is currently trading at $0.125 and has experienced a 55% growth in the past 24 hours. Zhao mentioned the use of an Automated Market Maker (AMM) liquidity pool for the first time and expressed dissatisfaction with decentralized exchanges (DEX) due to platform error messages and privacy concerns. As an experiment, Zhao converted some of his Binance Coin (BNB) tokens to TST. Following these statements, the TST token price surged. Zhao also announced plans to compensate users for losses related to TST and Broccoli (BROCCOLI) tokens. Broccoli token, inspired by Zhao’s dog, faced a 60-80% price drop due to similar pump and dump schemes, causing market concerns. Despite this, the token remains prominent in the BNB Chain ecosystem. Last week, a whale’s large purchase of Broccoli token led to a 160% increase in its value. Speculations and social media promotions continue to drive the value of this meme coin up. You can track the live prices of all tokens and cryptocurrencies on the real-time digital price page.
