Key Points
- Binance will list Cheems (1000CHEEMS) and Test (TST) at 11:00 (UTC).
- The exchange will open trading for the following pairs: 1000CHEEMS/USDT, 1000CHEEMS/USDC, TST/USDT, and TST/USDC.
Binance announced the listing of two new tokens later today: Cheems (1000CHEEMS) and Test (TST), both memecoins on the BNB Chain. Following the exchange’s announcement, the coins’ prices spiked.
Binance Listing Details
In its official announcement, Binance revealed that the listing of the two tokens will take place at 11:00 (UTC).
The exchange will open trading for the following pairs:
- 1000CHEEMS/USDT
- 1000CHEEMS/USDC
- TST/USDT
- TST/USDC
Binance also noted that the two digital assets will be listed with Seed Tag applied. This means that the projects are newer and might exhibit higher volatility compared to other listed projects, so users must do their own research before deciding to invest.
Also, Binance noted that these two projects have already been listed on Binance Alpha, the exchange’s platform that showcases innovative projects with growing potential in Web3.
The coins’ prices surged following Binance’s listing announcement.
1000CHEEMS and TST Prices Surged
1000CHEEMS Price Trajectory
Before Binance’s listing announcement, 1000CHEEMS had a market cap of about $180 million and it surged above $130 million after the exchange revealed the coin’s upcoming listing. The memecoin spiked by over 31% in a short amount of time.
Now, the coin has a market cap of almost $239 million and today, it’s up by nearly 59%.
The memecoin says it is a project that pays respect to everyone who loves Cheems, and who has undergone various market dumps, project rugs, and collapses in the crypto market.
TST Price Trajectory
Before Binance’s announcement, TST had a market cap of around $320 million, and after it spiked to over $390 million, seeing an overall surge above 1,100% today, reaching a new ATH.
This coin was launched earlier this week by the BNB Chain team as a test coin on the four.meme platform, but it ended up traded by the Chinese KOL and skyrocketed significantly. CZ also addressed the situation via his X account.
