Despite the extreme volatility on the larger market, the new memes parts earn more traction and experience pumps at decent prices.
Among the new parts of low capitalization memes that have continued to challenge the market ratings is the test (TST) – a new piece of intelligent binance chain would be linked to Changpeng Zhao.
Since he made his debut a few days ago, TST has seen repeated tips, triggered by his connection with the former CEO of Binance and his list on the trading service of the Stock Exchange.
A video tutorial now deleted quoted by CZ, which shows how the token was deployed using four.meme – the very first launching platform for memes on the BNB channel – more added to the commercial frenzy around of TST.
Although it has cooled after seeing almost 1100% of earnings during its first three days, TST Revert now a dramatic increase, increasing by almost 200% on the daily graph to reach a cutting price of 0, $ 52.
Its market capitalization also amounts to $ 500 million, highlighting the excitement and speculative interest surrounding the token.
Can the test support this action on the rise?
Is the meme of testing really connected to the CZ?
After the launch of Test Token last week, an educational video was published by the BNB team, stressing how to develop a token on the Four.meme platform. TST has been used as an example in the now deleted video, which apparently exposed it to the broader investment community, especially Chinese Kols.
CZ made a comment on the video, quoting a member of the BNB channel team who, according to him, said: “We have made video education step by step for the launch of Token even on oven.meme Platform . In this video, we launched a TST token as an example. »»
The former CEO of Binance request Let the deleted video be republished – a statement which also adds to the speculative trading frenzy around the token.
The test token is described by CoinmarketCap as a project deployed by Binance out of four. The “About” section of the memes piece on the popular price monitoring website can be read as follows:
“Deployed by Binance. Say “hello” to the last member of the Binance Smart Chain Family family, Test Token, deployed by Binance on Four.meme !! The previous Dev project struck 100B. »»
This, alongside viral video, triggered rumors that Changpeng could be the brain behind the test. However, the co-founder of Binance has vehemently Having a link with the memes piece and insisted neither him nor the BNB team.
Despite the refutation, the test earns more land and almost touched the market capitalization threshold of $ 500 million before retreating to $ 283 million. This impressive performance has built many traders, with Altcoin Gold adage People no longer care about usefulness, but the conviction that wealth expect.
Meanwhile, the same part has already been listed on Bingx and Binance, which could further increase its demand and market liquidity. Furthermore, CoinmarketCap shows that the feeling of the community continues to be optimistic.
Is the test token ready for $ 1 escape?
THE 15 -minute board Displays the TST / USD price on a rounding model, currently at $ 0.2791. The price was slightly corrected compared to its recent ATH at $ 0.53, marking a drop of 46% while the Bears try to surpass the Bulls.
With $ 0.3071 acting as the next significant obstacle, an escape could lead the price more, potentially recovering the recent ATH at $ 0.53. Conversely, the non-climb above this level could lead to a decline to the support level of $ 0.2609.
The TST / USD graph illustrates a slight drop in the momentum, which can lead to a new drop if the Bulls fail to increase the purchase pressure.
However, despite the slight price setback, the notable increase in the volume of negotiation suggests that market players are still optimistic about new price gains. The negotiation volume has become ballistic, increasing by more than 500% to $ 1.14 billion, indicating increased market activity.
The current price level of $ 0.2,791 approaches the following significant resistance levels to $ 0.36, $ 0.41 and $ 0.49. In the event that the bullish momentum persists and the price exceeds $ 0.49, the market could target even higher levels, perhaps reaching the monumental bar of $ 1.
Test the prediction of the price of coins – in the short term
A more in -depth examination of the TST RSI indicates a massive reversal of the territory of 70. It is currently at 40.54, which signals a neutral impulse wrongly while sellers and buyers are fighting for market control.
If the wider market resumes its upward strength and Bitcoin will recover the level of $ 100,000 once again, there could be a renewed interest in the test of the same part, paving the way for additional gains in the next days. However, any weakness could trigger a decline, with $ 0.26 acting as the first feeling of the market.
Test the prediction of the price of coins – in the long term
It seems impossible to predict precisely how the price of the test coin will evolve in the long term. However, its increased negotiation activity and astonishing prices have shown that the smart chain Binance is Gradually gaining popularity Among money investors.
While investors’ appetite for parts even on the network continues to increase – when launching an oven .meme – Test Token could attract even more attention, potentially bringing its market capitalization to $ 1 billion.
Test, according to CZ, has already created a Twitter account, which means that it is preparing to form an active social media community. The way she intends to realize it is not yet known. However, in the event that he successfully builds a dynamic community and maintains them, he continues to remain relevant.
In addition, his arrival in Binance in the days following the launch is a great feat. If things like that continue, it can further expand its accessibility among potential investors and propel its price to new heights.
That said, the lack of use of testing means that its price action will continue to remain volatile and can reflect the action of BNB.
Index even – a new project promoting the diversification of assets in the space of volatile currency
There is no doubt that the test has experienced rapid growth in a short period of time. However, as it is mainly motivated by a speculative interest, it could be vulnerable to sudden corrections, especially if the media threw around it.
This is why the diversification of assets is crucial in the memes currency space and the best way to do so is to invest in a project which offers the very first index even decentralized piece.
Memes index The basic objective is to completely change the way investors have long interacted with parts even, allowing them to navigate the market in a way that aligns their propensity for risk taking. The clues he created are segmented in four, each with tokens with different levels of volatility.
At the top, there is the Titan even index, containing pieces of memes with large capitalization. The second is the Moshot index, with tokens that are about to reach the threshold of $ 1 billion.
The Midcap index, which is the third in the list, is the place where real volatility begins because it covers coins in a market capitalization of $ 50 million to $ 250 million. And finally, there is the frenzy index of the memes, containing the most high -risk and highest pieces of memes.
Unlike the existing indices, even index indicates that the members of the community will have a complete control over how each of these clues is rebalanced.
The versatile nature of its index offers has been congratulated by numerous publications, notably Cointelegraph. Influential Youtubers like Alessandro of Crypto also said that the growing interest in coins could help even take an explosive start when he officially arrived in exchanges.
At the time of the drafting of this document, the project collected around $ 3.5 million in presale. Those who are ready to take advantage of the opportunity at the start of the move can visit the official website to join the presale and perhaps mark out their tokens to make their earnings further worsen.