Binance founder and former CEO Changpeng ‘CZ’ Zhao spoke for the first time about the new breast coin TST, which rapidly gained popularity at the BNB Chain ecosystem. In the X platform, the CZ said that TST Breast Coin now has an active website and X account.
The allegation of bond between TST breast coin and Binance was rejected
CZ stressed that neither the website created for TST nor the X account is managed by the BNB Chain team. Stating that the Binance Exchange or any team in the ecosystem did not control this breast coin, CZ said TST was probably managed by someone from the community. However, he said he did not know who this person was.
In addition, CZ, TST breast Cooin’s unauthorized way to use the Binance logo constitutes a problem and this should be corrected, he added. The CZ, an important figure in the Binance ecosystem, said that he has never bought any breast coins and does not have TST Token. He warned his followers that they should be careful about investment and take responsibility for their own decisions.
Is Bnb Chain ready for breast coin burst?
While breast coins continue to become permanent in the crypto money market, many different Blockchain protocols are trying to keep up with this rising train. It is known that the interest in TST at the BNB Chain ecosystem stems from a training carried out by BNB Chain. In this training, how the breast coins worked. After the training, TST quickly gained popularity and the market value reached $ 35 million in just four hours. Later, it increased by more than 22,000 percent and exceeded $ 100 million at the summit. However, the Solana ecosystem is still the center of the Memecoin market and remains unclear how TST will have an effect on the BNB Chain ecosystem.
While the total market value of breast coins exceeds $ 70 billion, asset managers are taking steps to develop new financial products for these volatil crypto currencies. Tuttle Capital Management applied to the US Securities and Stock Exchange Commission (SEC) for a leveraged Dogecoin ETF. In addition, other companies such as Rex-Ossprey are attempting for different ETF products, including Bonk and Trump. According to analysts, although these ETFs are likely to get approval, such steps show that breast coins are becoming an increasingly mature class of being.
