Community Questions Transparency as TST Developer Wallet Exits Position Amid Declining Demand and Price Concerns
Main Idea
The TST developer wallet sold $30,400 worth of tokens, contradicting Binance CEO CZ's claim that the private key was deleted, raising transparency concerns amid declining demand and price volatility.
Key Points
1. The TST developer wallet sold $30,400 worth of tokens, contradicting Binance CEO CZ's statement that the private key was deleted.
2. TST's trading volume is approximately $25.7 million, with over 26% coming from Binance, indicating low demand.
3. CZ previously claimed TST was a test token for a tutorial video and that the team had deleted the private key for the creator address.
4. TST's price has experienced significant volatility, dropping 100% from its February high and hitting an all-time low of $0.01547.
5. Large holders heavily influence TST's price, as seen when an anonymous whale caused a 40% drop by selling $6–7 million worth of tokens.
Description
The TST token’s developer wallet recently sold $30,400 worth of tokens, contradicting Binance CEO CZ’s claims that the private key was deleted. The developer wallet’s exit raises significant doubts about
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