While the crypto market is experiencing fluctuations, new breast coins are gradually attracting more attention and some record significant price increases. One of the most notable breast coins has been the test (TST) developed on Binance Smart Chain. TST’s Binance founder Changpeng Zhao (CZ) was linked to rumors. However, CZ made a statement on the subject and answered these speculations.
TST description from Binance founder
CZ said in a statement on social media that TST is not officially approved by himself or Binance. “It was only the test token used in a video training,” he said. However, despite these statements, TST’s popularity continued to increase. Cz, “Every explanation sharing, for some reason has made it even more viral,” he evaluated this situation in a humorous way.
CZ also made a statement about the listed TST in Binance, said it is not included in this process. “Stock exchanges want to list popular coins with high transaction volume. If there is a request to a Coin, there is no need to contact the stock markets. It is enough to focus on the project. ”
CZ’s view of breast coins
The rise of breast coins caused controversy as to whether the CZ is away from the basic principles in the crypto market. However, CZ stated that the focal point is always based on solid foundations and said, “I am a developer. I always focus on basic values ”. When asked whether or not to invest in breast coins, CZ said, “I haven’t even bought a single breast coin yet.” However, he stressed that he is not against the breast coins. “I worked hard to support Altcoins and the crypto industry in general. I have the same opinion for breast coins. ”
Why are breast coins popular?
Commenting on why the breast coins attracted so much interest, CZ said in recent years that the regulators have applied harsh sanctions to Utility Token (benefit tokens) and evaluated them as securities. For this reason, some investors see breast coins as a safer option, he said. He also said that it is difficult for breast coins to valuation and that it has become attractive for speculators. “Speculation on things with open value is more difficult. The breasts are fun and a community is formed around. ”
