So, the Binance Smart Chain (BSC)-based meme coin, TST, decided to throw a little party, and guess what? It jumped nearly 50% in the last 24 hours. I mean, seriously, can we just pause and appreciate how ridiculous that is?
This wild price surge kicked off right after Binance co-founder Changpeng Zhao (CZ) decided to take a leap of faith—his first-ever decentralized exchange (DEX) trade. What a bold move! Spoiler: he wasn’t exactly a natural.
CZ Dips His Toes into the DEX Pool—Splash Alert! 
On February 22, CZ made his debut in the DEX world by buying TST and trying his hand at providing liquidity. I can hear him now—”How hard could it be?” Famous last words, right?
“I wanted to put a few BNB in TST liquidity pool, as a test. I had seen demos of Pancake before. It looked so simple. I thought how hard could it be? But I forgot my IQ level,” he humbly admitted.
Now, even though he’s taken a backseat from Binance’s daily grind, his every move somehow still manages to send the crypto community into a frenzy. His little DEX adventure has got everyone speculating—what’s next, a CZ-branded line of cryptocurrency snacks?
He claimed he just wanted to slip some Binance Coin (BNB) into the TST liquidity pool, but navigating that tricky interface? Yeah, good luck with that, buddy! Liquidity providers basically act like the bouncers of the crypto club, keeping trades flowing while pocketing a nice share of transaction fees.
According to blockchain analytics platform Lookonchain, CZ casually spent 1 BNB (around $660) to snag 5,388 TST. Then, like the generous guy he is, he contributed 1,111 TST and 0.096 WBNB (worth $64) to the liquidity pool. Why not? He’s got to keep up appearances!
“I didn’t follow any video tutorials. I kinda wanted to see what a first experience would be like. As a noob, I have to say the DEX experience can be improved, a lot! The error messages don’t make any sense. There are probably bots trying to front run my public address (or any large transaction I suspect). And why can everyone watch what I was doing in real time?” CZ lamented on X (formerly Twitter). Who knew trading could come with a side of public humiliation?
After his thrilling DEX escapade, TST’s value skyrocketed over 50%. Just another day in the world where CZ plays an accidental puppet master!
But, hang on—this token is still way off its all-time high of $0.47 from February 9. TST started as a little experiment by the BSC meme coin creator Four.Meme. But CZ’s mention? Yeah, that turned it into a whole spectacle!
Some folks are calling it an ‘experimental trade’, while others are rolling their eyes, suggesting his mere presence has inflated engagement on the BNB Network. Why not just throw a parade while we’re at it?
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2025-02-23 17:50