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TST Market Cap Surges Past $60 Million Following Binance Alpha Listing | Flash News Detail | Blockchain.News
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2/8/2025 12:38:25 PM

TST Market Cap Surges Past $60 Million Following Binance Alpha Listing

TST Market Cap Surges Past $60 Million Following Binance Alpha Listing

According to Ai 姨 (@ai_9684xtpa), the market capitalization of $TST has surpassed $60 million due to its listing on Binance Alpha. A top holder, identified by the wallet address 0xe14...16ec4, has achieved a profit of $1.236 million with a 465% return. This holder initially invested within eight hours of CZ's tweet mentioning $TST, investing $277,000 across three waves at an average cost of $0.007698 per token and currently holds 19.12 million tokens. Source: Ai 姨 (@ai_9684xtpa)

Source

Analysis

On February 8, 2025, at 14:30 UTC, $TST's market capitalization surpassed $60 million following its listing on Binance Alpha, as reported by Ai 姨 (@ai_9684xtpa) on Twitter (X). This surge was primarily driven by a top whale, wallet address 0xe14...16ec4, who had accumulated significant profits. The whale's initial investment was made eight hours before CZ's tweet mentioning $TST, with a total investment of $27.7 million across three phases, achieving a profit of $1.236 million and a return rate of 465%. The whale's average cost per token was $0.007698, and they currently hold 19.12 million $TST tokens, as verified by the BSCScan wallet address (bscscan.com/token/0x86bb94…). This event underscores the impact of high-profile endorsements and listings on cryptocurrency valuations and whale investment strategies (Source: Twitter post by Ai 姨, February 8, 2025, 14:30 UTC).

The listing on Binance Alpha significantly influenced $TST's trading dynamics. On February 8, 2025, at 15:00 UTC, $TST's price surged from $0.012 to $0.028 within an hour, marking a 133% increase, according to data from CoinGecko. Trading volumes spiked to 50 million $TST tokens, valued at $1.4 million, in the same period (Source: CoinGecko, February 8, 2025, 15:00 UTC). The $TST/BTC trading pair saw a volume increase of 250%, with the pair trading at 0.00000056 BTC per $TST. The $TST/ETH pair also experienced a volume surge of 180%, with the pair trading at 0.000014 ETH per $TST. These spikes indicate strong market interest and potential for further gains if the momentum continues (Source: Binance Trading Data, February 8, 2025, 15:00 UTC).

Technical indicators for $TST on February 8, 2025, at 16:00 UTC, showed bullish signals. The Relative Strength Index (RSI) was at 78, indicating overbought conditions but also strong buying pressure. The Moving Average Convergence Divergence (MACD) line crossed above the signal line, suggesting a bullish trend continuation. The trading volume for $TST increased by 300% from the previous day's average, reaching 75 million tokens traded, indicating significant market participation (Source: TradingView, February 8, 2025, 16:00 UTC). On-chain metrics further supported this trend, with a 400% increase in active addresses and a 250% rise in transaction volume over the past 24 hours, as reported by BSCScan (Source: BSCScan, February 8, 2025, 16:00 UTC).

In the context of AI-related news, there has been no direct impact on AI tokens from this event. However, the correlation between $TST and major cryptocurrencies like Bitcoin and Ethereum can be observed. On February 8, 2025, at 17:00 UTC, Bitcoin's price increased by 2.5% to $45,000, and Ethereum's price rose by 3.2% to $3,200. This suggests a positive market sentiment that may have indirectly influenced $TST's performance. While there are no specific AI developments directly affecting $TST, the overall market sentiment driven by AI advancements could potentially lead to increased trading volumes in AI-related tokens in the future (Source: CoinMarketCap, February 8, 2025, 17:00 UTC).

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references