Binance, one of the leading centralized exchanges, recently announced two new tokens from the BSC ecosystem: $CHEEMS and $TST.
Listing details:
- Open listing time: 2025-02-09 11:00 (UTC)
- $1000CHEEMS contract: 0x0df0587216a4a1bb7d5082fdc491d93d2dd4b413
- $TST contract: 0x86Bb94DdD16Efc8bc58e6b056e8df71D9e666429
The listing of two projects from the BNB Chain ecosystem is reflected in the short-term price increase of both $CHEEMS and $TST. Furthermore, it also reveals the possibility of the return of this ecosystem, especially in the context of the exchange’s currency, $BNB, showing signs of outperforming other coins in recent days.
About Cheems ($CHEEMS)
Launched in 2021, $CHEEMS is one of the first meme coins on the Solana blockchain. It aims to celebrate the Cheems meme culture while providing a platform for community engagement. The project emphasizes community support, especially for those who have faced challenges in the crypto market, such as market downturns and project failures.
$CHEEMS has fostered a vibrant community, evident from its active presence on social media platforms like X (formerly Twitter), where it has received considerable attention and support from the crypto community.
The project has engaged in community-driven initiatives, including charitable donations to animal welfare shelters, which have positively impacted its price.
About Test Token ($TST)
TST was created as part of a tutorial by the BNB Chain team to demonstrate how to launch a memecoin on the four.Meme platform. It was not intended to be a publicly traded asset.
After its exposure, TST saw a dramatic increase in value, with its market cap reaching over $52 million (x100) shortly after being mentioned by Changpeng Zhao (CZ) on February 6th, the former founder of Binance, on his X account. This mention sparked a rapid trading frenzy, with the token’s price skyrocketing.
😂 A tricky situation. A BNB Chain team member just told me this:
“We did the step by step video education for launching meme token on https://t.co/74psayTeug platform. In this video, we launched a token named TST as the example.
When we posted the education video yesterday,… https://t.co/lD77CaQDCj— CZ 🔶 BNB (@cz_binance) February 6, 2025
