Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
LAUNCHCOIN leads crypto market with 500% rally, what is Launch Coin on Believe?
By: bitcoin ethereum news|2025/05/13 22:30:08
0
Share
LAUNCHCOIN, a token associated with the SocialFi platform Believe, rallied as high as 500% today amid ecosystem growth. Formerly known as PASTERNAK, named after Believe founder Ben Pasternak, Launch Coin on Believe (LAUNCHCOIN) hit an all-time high of $0.093 on May 13 during the afternoon Asian trading hours. Its market cap climbed past $81 million as of writing. Fueling the surge was a sharp spike in trading activity. CoinGecko data shows that daily volume soared over 500% compared to the previous day.. The community widely expects LAUNCHCOIN to become the official native token of the Believe platform, though no formal designation has been announced. Since being rebranded from PASTERNAK to Launch Coin on Believe on May 2, its price has often rallied in response to ecosystem growth and platform-related developments. Most of today’s gains followed community hype after Alex Leiman, the developer behind viral apps like RizzGPT and Astra, successfully launched a token named NOODLE for a crypto-powered game using the Believe platform. The game, also named Noodle, puts a Web3 spin on the classic “snake” style gameplay. Players control a snake, grow by eating others, and when they beat another player, they actually win their tokens. Part of the gains also came after Ben Pasternak drew fresh investor interest by teasing more updates coming to the Believe ecosystem. This is just the beginning. — Ben Pasternak (@pasternak) May 11, 2025 In a May 9 post on X, founder Ben Pasternak said Believe will soon roll out new tools to help builders add features to their tokens, along with a software development kit that allows developers to integrate tokens they launch on the platform into external products. Additionally, Believe has been expanding its team, focusing on bringing more builders and founders to its ecosystem. What is Launch Coin on Believe? Launch Coin on Believe is a token associated with Believe, a Web3-based SocialFi platform aiming to revolutionize fundraising and project launching by enabling users to create and launch tokens through social interactions on X. It aims to disrupt traditional venture capital by providing a decentralized, community-driven alternative that empowers builders and founders. Formerly known as Clout, it rebranded to Believe earlier this year as it fully pivoted into the Web3 space. Users can create new tokens for their projects by simply posting details about them on X and replying to the tweet with “@launchacoin” followed by the desired token ticker and token name. This triggers the automatic creation of a new token, which is first tested by the Believe system before becoming tradable on supported decentralized platforms. LAUNCHCOIN’s origin traces back to PASTERNAK, a memecoin created by Clout founder Ben Pasternak. PASTERNAK was the first token to complete a pre-sale on Clout, reaching a market cap of $80 million on its launch day on Jan. 24, 2025. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Source: https://crypto.news/launchcoin-leads-crypto-market-with-500-rally-what-is-launch-coin-on-believe/
You may also like
Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine
Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.
Naval personally takes the stage: The historic collision between ordinary people and venture capital
Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...
a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins
Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.
Refutation of Yang Haipo's "The End of Cryptocurrency"
This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...
Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets
Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.
6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived
"I will deploy funds in 2026, so I will tell you this is the best year in history."
Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?
Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.
A VC from the Crypto world said AI is too crazy, and they are very conservative
Amid the Crypto frenzy and with investors who once missed out on Pinduoduo, a new AI fund called Impa Ventures was established, rejecting bubble narratives and adhering to a conservative "problem-first" strategy to seek real business value.
The Evolutionary History of Contract Algorithms: A Decade of Perpetual Contracts, the Curtain Has Yet to Fall
The ten-year evolution of perpetual contracts: from pulling the plug on 312 to the shocking short squeeze of TRB, a deep dive into the pricing machine that averages $200 billion daily, written with countless liquidations and real money, detailing the blood and tears of risk control theory.
Kicked out by PayPal, Musk aims to make a comeback in the cryptocurrency market
Cashtags generated a trading volume of 1 billion dollars just a few days after its launch, marking a strong start for Musk's super app strategy. For the cryptocurrency market, X's layout may be one of the most anticipated sources of retail growth after the meme coin craze subsides.
Solana ETF News: What Is a Solana ETF and Why Is Goldman Sachs Betting $108 Million on SOL?
Solana ETF news today shows Goldman Sachs disclosed a $108M position while total SOL ETF inflows reached $1.45B. Analysts now expect up to $6B in institutional demand as Solana trades 71% below its all-time high.
Bitcoin ETF News Today: $2.1B Inflows Signal Strong Institutional Demand for BTC
Bitcoin ETFs news recorded $2.1B inflows over 8 consecutive days, marking one of the strongest recent accumulation streaks. Here’s what the latest Bitcoin ETF news means for BTC price and whether the $80K breakout level is next.
Michael Saylor: Winter is Over – Is He Right? 5 Key Data Points (2026)
Michael Saylor tweeted yesterday “Winter‘s Over.” It is short. It is bold. And it has the crypto world talking.
But is he right? Or is this just another CEO pumping his bags?
Let us look at the data. Let us be neutral. Let us see if the ice has really melted.
WEEX Bubbles App Now Live Visualizes the Crypto Market at a Glance
WEEX Bubbles is a standalone app designed to help users quickly understand complex crypto market movements through an intuitive bubble visualization.
Polygon co-founder Sandeep: Writing after the chain bridge chain explosion
In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...
Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights
To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.
Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi
Overview of Important Market Events on April 23
Why a Million-Follower Crypto KOL Chooses WEEX VIP?
Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.
Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine
Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.
Naval personally takes the stage: The historic collision between ordinary people and venture capital
Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...
a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins
Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.
Refutation of Yang Haipo's "The End of Cryptocurrency"
This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...
Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets
Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.
6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived
"I will deploy funds in 2026, so I will tell you this is the best year in history."
App