Binance Sees Major Activity with $CHEEMS and $TST Tokens as New Traders Make Big Profits
The market for crypto assets is forever teeming with adventurous and risky trades. Lately, a pretty exciting trade has been made with two of our newer tokens—$CHEEMS and $TST—that have recently been set free in the marketplace on Binance.
It’s brought a lot of attention because, let’s face it, who doesn’t love a big profit? And when it comes to $CHEEMS and $TST, a name that’s come up repeatedly in connection with their marketplace trades is dingaling. Who is this trader, and what is their story?
Massive Trades on Binance Spark Interest in $CHEEMS and $TST
In early February 2025, Binance officially listed the tokens $CHEEMS and $TST, launching new trading pairs for both assets against stablecoins that are popular among traders: 1000CHEEMS/USDT, 1000CHEEMS/USDC, TST/USDT, and TST/USDC. Considered high-risk investments, the tokens are known for being volatile, as the price of both assets has gone to extremes, up and down, in a short amount of time. $CHEEMS is a Shiba Inu meme coin that’s issued on the BNB Chain and plays off the popular “Cheems” meme format, while $TST is a test token for the only known decentralized stablecoin, @four_meme_.
⚡️ @Binance has conducted the listing of @LordCheems_bsc and @TestonBSC on its exchange
Trading for the 1000CHEEMS/USDT, 1000CHEEMS/USDC, TST/USDT, and TST/USDC trading pairs is now live on Binance! Listed with the seed tag applied, $CHEEMS and $TST are relatively new tokens… pic.twitter.com/LUkFGhes4U
— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) February 10, 2025
Traders have been taking the risks in stride and have been buying, selling, and even locking up these tokens in various liquidity pools. This shows strong confidence in their potential to yield profits even with the early-stage volatility we’ve been seeing.
The current trader stirring up the $CHEEMS and $TST markets is dingaling (@dingalingts), a well-known name in the world of highly successful trades. Dingaling appears to have made a recent trade 20 hours ago that involved depositing 1.79 million $CHEEMS (worth about $2.2 million USD) and 4 million $TST (valued at $1.74 million USD) into the exchange Binance—a trading move that would likely net him about $4.7 million USD in profits.
dingaling(@dingalingts) deposited all 1.79M $CHEEMS($2.2M) and 4M $TST($1.74M) into #Binance 20 hours ago, making a total profit of ~$4.7M!
1/ Let’s dig into his trades to see which tokens he has bought recently.👇 pic.twitter.com/nIojbvq77p
— Lookonchain (@lookonchain) February 10, 2025
A Deep Dive into dingaling’s Trades
Here is an analysis of dingaling’s trading history. It shows his ability to find profitable trades even in difficult conditions and how he executes those trades with apparent ease in ballet-like market moments. We even see him make some trades that, in their aftermath, look perfectly timed and positioned to capitalize on volatile market moves.
In December 2023, dingaling bought 1.42 trillion $CHEEMS for 15 $ETH (roughly $33,400 USD) on zkSyncEra. Upon obtaining the large supply of $CHEEMS, he kept the tokens throughout the market’s various ups and downs. When the project transitioned to the BNB Chain, dingaling didn’t stop there; he continued to add to his position by purchasing more $CHEEMS. By the time he was done, he had vastly expanded his exposure to the $CHEEMS token.
The actual breakthrough occurred with the listing of $CHEEMS on Binance. Capitalizing on this development, dingaling put all of his $CHEEMS into the exchange, which, in the end, netted him close to $2 million USD. This profit exemplifies the substantial upside potential that exists when one times the market correctly.
That wasn’t all, though. After experiencing success with $CHEEMS, dingaling focused on another token, $TST, that had just launched in tandem with $CHEEMS. Buying $TST when its market cap was only $650,000, dingaling used 21 billion $CHEEMS, valued at $16,000, to acquire an astounding 21.09 million $TST tokens.
He was able to withdraw 1,606 BNB (worth $977,000 USD) from the liquidity pool by participating in liquidity pools, thus effectively liquidating a portion of his holdings. Then, he deposited the remaining $TST tokens back into Binance, making a final profit of approximately $2.7 million USD. This quick, strategic movement in and out of liquidity pools showed how dingaling leveraged the volatile nature of these tokens to maximize his returns.
Besides these significant trades, dingaling also spread his investments by acquiring 4.6 million $GIGGLE (5.37% of the circulating supply) for $24,800 USD. Similar to his actions with $TST, he used some of these tokens to help create a liquidity pool. While $GIGGLE is another meme coin in the making, it appears more advanced than $TST in that it has had a “contract” that can be called upon operationalized less than halfway through its life.
Support for Long-Term Projects
Although dingaling was engaged in the pursuit of major short-term gains, there was another figure who took center stage on the $CHEEMS front, and that was none other than Christian (@Christianeth).
Christian(@Christianeth) locked 8.64T $Cheems($9.12M) for 6 months to show support and long-term belief for @LordCheems_bsc and @BNBCHAIN.https://t.co/5ATtn7EnIw pic.twitter.com/HQ9qNbLc84
— Lookonchain (@lookonchain) February 9, 2025
Christian made it very clear that not only was he a $CHEEMS supporter, but he also had a long-term vision for the project. To adequately signal both his commitment and that vision, Christian locked up 8.64 trillion $CHEEMS tokens for a period of six months. That amounts to $9.12 million worth of tokens that Christian can’t sell or otherwise use for half a year.
Christian’s recent appointment underscores the sustained momentum behind initiatives such as $CHEEMS, which continue to woo the kind of short-term, in-and-out investors that drive up these coins’ prices.
Final Thoughts: A Wild Ride Ahead
The trading activity around $CHEEMS and $TST serves as a reminder of the volatility and potential rewards in the cryptocurrency market. As new tokens gain prominence and exchanges offer trading opportunities, both experienced traders and newcomers to the space will keep a watchful eye on these risky assets. With dingaling’s profits and Christian’s long-term support, it’s clear that both tokens are making a bold move, despite their inherent risk. Whether they can maintain that move will depend on the overall market conditions and how well they perform in a now hyper-competitive space.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.
