Overview
Binance has announced the listing of two new memecoins on the BNB Chain: Cheems (1000CHEEMS) and Test (TST). Trading for these tokens will commence at 11:00 UTC with the following pairs:
- 1000CHEEMS/USDT
- 1000CHEEMS/USDC
- TST/USDT
- TST/USDC
Both tokens will carry the Seed Tag, indicating their higher volatility and newer project status. Binance advises users to conduct thorough research before investing.
Listing Details and Trading Pairs
Key Highlights
- Listing Time: 11:00 UTC.
- Seed Tag: Highlights potential volatility; projects are newer and riskier.
- Binance Alpha: Both tokens were previously featured on Binance Alpha, a platform for emerging Web3 projects.
👉 Explore Binance's latest listings
Market Reaction
1000CHEEMS Price Surge
- Pre-Announcement: Market cap ~$180 million.
- Post-Announcement: Spiked 31%, reaching a market cap of $239 million (up 59% today).
- Project Background: A tribute to Cheems enthusiasts, designed to withstand market volatility.
TST Price Surge
- Pre-Announcement: Market cap ~$320 million.
- Post-Announcement: Soared 1,100%, hitting a new all-time high (ATH) with a market cap exceeding $390 million.
- Origin: Launched as a test coin on the four.meme platform by the BNB Chain team, later gaining traction via influencer endorsements.
FAQs
1. What does the Seed Tag mean?
The Seed Tag identifies newer projects with higher volatility. Investors should exercise caution and research thoroughly.
2. When will trading begin for 1000CHEEMS and TST?
Trading starts at 11:00 UTC on Binance.
3. Why did TST’s price surge over 1,100%?
The coin gained momentum after being promoted by key opinion leaders (KOLs) and mentioned by industry figures.
4. Are these tokens available elsewhere?
Both were first listed on Binance Alpha, Binance’s platform for innovative Web3 projects.
👉 Learn more about memecoin trends
Final Notes
Binance’s latest listings highlight the growing interest in memecoins and BNB Chain projects. While 1000CHEEMS and TST offer high-reward potential, their volatility demands careful risk assessment.