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About Test Token

Test Token (TEST) is a unique digital asset that was initially created as a byproduct during the development of a suite of decentralized finance (DeFi) tools by the Italian company, Fornace. Despite its initial purpose as a placeholder, TEST gained an unexpected following and has since evolved into a community-driven project. The token's name, TESTTOKENDONOTBUY, is a playful nod to its origins and the team's initial advice to potential buyers. The token's unique charm has attracted a dedicated fanbase, and the tools initially intended for other projects are now being developed with TEST holders in mind.

TEST operates on a unique tokenomics model. With each transaction, a 12% fee is applied, 9% of which is automatically added into liquidity and locked indefinitely, while the remaining 3% is redistributed among all TEST holders. This model aims to encourage holding and discourage large, sudden sales that could affect the token's stability. Additionally, there is a cap on the number of tokens that can be purchased in a single transaction, set at 5,000,000,000 TEST, a measure designed to limit the influence of large holders, often referred to as 'whales'.

One of the primary use cases for TEST is as a gateway to the suite of DeFi tools being developed by the Fornace team. These tools, collectively referred to as Fool's Tools, aim to simplify the DeFi experience for users. They provide features such as displaying current token values, listing liquidity pools (LPs), and simplifying wallet layouts. The tools are designed to be user-friendly and accessible, even for those new to the DeFi space. Holding TEST tokens allows access to these tools.

The history of TEST is as unique as the token itself. It was initially created by a developer at Fornace during the development of a suite of DeFi tools. The developer added 0.5 BNB to the liquidity pool with 95% of the tokens and renounced ownership. However, when attempting to remove the liquidity from PancakeSwap, an issue prevented this from happening. Unable to regain ownership or disable the swap and liquify function, the developer decided to send the liquidity pool (LP) to a burn address, effectively locking it forever. This unexpected turn of events resulted in a token with the developer retaining approximately 5% of the tokens for actions decided by the community.

Market

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Test Token is on the rise this week.

The price of Test Token has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Test Token’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of Test Token?

We update our Test Token to CAD currency in real-time. Get the live price of Test Token on Coinbase.

What other assets are similar to Test Token?

Assets that have a similar market cap to Test Token include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy Test Token on Coinbase?

Yes, Test Token is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Test Token guide.