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Cryptocurrency News Articles
Three meme tokens—Test Token (TST), Vine (VINE), and Broccoli 714 (BROCCOLI)—have emerged as high-volatility plays this week on BNB Chain
May 07, 2025 at 12:59 am
Three meme tokens have become hot topics for their high volatility and rapid shifts in price.
For the past week, Test Token (TST), Vine (VINE), and Broccoli 714 (BROCCOLI) have generated a combined 24-hour trading volume of over $139 million on the BNB Chain.
This stands out as overall decentralised exchange activity on the network dropped by 21.14% to rank third with $6.2 billion, according to CoinGecko.
The move follows a broader trend where social sentiment, token mechanics and liquidity dynamics have more immediate impact on price than fundamentals, especially in meme coin markets.
TST gains momentum
Test Token (TST) is a token that was originally launched on the four.meme platform as a demonstration project.
However, the token has unexpectedly gained momentum, with its daily volume rising by nearly 65% to $50.75 million, despite a broader downturn in BNB Chain DEX activity.
The network still ranks third by seven-day DEX volume, behind Solana and Ethereum.
TST has a circulating supply of 900 million tokens, capped at 1 billion, with a fully diluted valuation of $64.5 million.
The token recently tested resistance at $0.070. Analysts are watching key support at $0.0648. A breakdown may lead to $0.060.
If bulls regain strength and break past $0.072, the next resistance lies at $0.0865.
VINE: Volume exceeds market cap
Vine (VINE) is a token that launched in January with a maximum supply of 1 billion tokens and a fully diluted valuation of $35.25 million.
The token has dropped by 7% in the past 24 hours to trade at $0.0348, with a trading volume of $43.86 million.
This volume is now higher than VINE’s market cap of $35.25 million, pushing the volume-to-market cap ratio to 125.72%.
Such a reading suggests speculative churn and a fragile price base.
Technical charts show a potential death cross forming, which could send the token to support at $0.0324. A breakdown from there might lead to $0.0287 or $0.0262.
If the trend reverses, resistance levels to watch include $0.0389, $0.0424 and $0.0482.
BROCCOLI crashes on shutdown rumours
BROCCOLI 714 has crashed by over 10% after a post on X, formerly Twitter, by an account claiming to be the project’s CTO, announced that the project will be shutting down.
The post has generated a lot of buzz, but no official statement from the project team has followed.
This has led to speculation that the post may be unauthorised.
BROCCOLI launched in February with a maximum supply of 1 billion tokens and a fully diluted valuation of $27.36 million.
The lack of clarity has driven selling pressure, pushing the token toward its $0.025 support.
If this level fails, the next target is $0.22. If the project team clarifies the situation, recovery toward $0.0292, then $0.032 and $0.034, remains possible.
Volatility reflects shifting sentiment
The divergence across TST, VINE and BROCCOLI showcases how sentiment, not fundamentals, continues to drive meme coin action.
Despite an overall decline in DEX traffic, traders are still keen on speculative coins for quick moves, especially in the third quarter of 2025.
TST’s unlikely rise, VINE’s imbalance and BROCCOLI’s panic selling all signal the unpredictability of this corner of the market.
As traders monitor key technical levels, meme coins on BNB Chain remain volatile assets driven by social sentiment, sudden announcements and liquidity spikes.
With over $139 million moving across just three coins, investors are likely to stay tuned to every shift in these token narratives.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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