Launch Coin on Believe (LAUNCHCOIN) Surges Amid SocialFi Momentum
By: coinchapter|2025/05/16 00:00:15
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Launch Coin on Believe (LAUNCHCOIN) has experienced a significant price surge, rallying over 34,000% in the past month, moving from $0.00055 to $0.1877. This growth is attributed to increased trading activity and investor interest in the Believe platform, a SocialFi application that enables users to create and launch tokens through social interactions on X (formerly Twitter). Whale Buys 9.55M LAUNCHCOIN, Triggers Fresh Rally A whale’s $1.56 million purchase of LAUNCHCOIN sparked a sharp price reaction across the Solana-based SocialFi ecosystem. On May 14, 2025, Onchain Lens reported that the investor bought 9.55 million LAUNCHCOIN tokens at $0.16 each, locking in a floating profit of $800,000 within hours. The move was first tracked by Nansen and publicly shared via X. The wallet address involved—4STJA1sGVcN3husxLqtoA9oCqSJeQjoLb9WYRjbDvQCD—executed multiple transactions on the same day. These included large USDT outflows to acquire LAUNCHCOIN, then listed on-chain under its original label “PASTERNAK.” The address remains active and has not moved funds to exchanges, suggesting a long-term holding strategy. The whale’s entry came shortly before LAUNCHCOIN’s surge to $0.35 on May 14, pushing the token’s market cap from $81 million to over $160 million within 48 hours. Data from TradingView (see chart) confirms a strong breakout above the $0.25 resistance, with price staying above the 50-period EMA at $0.24845. The EMA acted as dynamic support during intraday retracements. This type of high-conviction buying typically reflects institutional or high-net-worth interest in new Web3 infrastructure projects. In this case, the investor’s move aligned with ecosystem developments, including the Noodle game launch and token tools teased by founder Ben Pasternak. Such timing amplified speculation that LAUNCHCOIN might be adopted as the official utility token of the Believe platform, although this remains unconfirmed. The whale’s $800K unrealized profit has become a focal point for new entrants, many of whom are now speculating on a potential move toward $1 per token. As trading volumes surged to 862,880 on May 15 and price held above major moving averages, short-term sentiment has leaned bullish. However, this type of parabolic move may also trigger profit-taking and volatility if momentum fades. LAUNCHCOIN Circulating Supply and Exchange Listings Strengthen Market Presence By May 15, 2025, LAUNCHCOIN reached a total supply of 1 billion tokens, with nearly 100% already circulating. This full release structure places most of the tokens in active trade or wallets, reducing the risk of sudden unlocks. As a result, the fixed supply and community-driven structure offer early-stage buyers clearer expectations around token availability. LAUNCHCOIN is listed on several centralized exchanges, including XT.com and CoinEx , which offer USDT trading pairs and allow fiat onboarding through third-party gateways. These platforms give users access to stable liquidity and basic trading infrastructure. In parallel, LAUNCHCOIN is also actively traded on Solana-based decentralized exchanges such as Raydium and Orca. These DeFi platforms allow for faster settlement, lower fees, and broader integration into Solana-native tools and wallets. The token’s widespread availability across both centralized and decentralized exchanges has helped it maintain volume during high-volatility periods, including its recent 500% rally. Liquidity remains consistent across multiple pairs, and arbitrage between CEX and DEX platforms has created balanced price movement. As the ecosystem around the Believe platform grows, LAUNCHCOIN’s fixed supply and broad market access may continue to support its position as a leading SocialFi token. Believe Platform Integrates Token Launching With X, Adds Dev Tools and Web3 Games The Believe platform, rebranded from Clout, has changed its approach under founder Ben Pasternak. It now operates as a SocialFi ecosystem, where users can create and launch tokens directly through posts on X . The platform uses social media engagement as the trigger for token creation, aiming to shift project launches away from centralized platforms and venture capital fundraising. This process allows users to post a tweet and include a specific format to initiate token creation. The system automatically generates a token based on that post, making the process quick and accessible. The platform does not rely on formal applications or curated listings, which makes it more open to new projects. To support further development, the team introduced new tools that allow token creators to add basic functionalities. An upcoming software development kit ( SDK ) is also planned. It will let developers integrate tokens created on Believe into external apps or websites. These additions focus on improving the platform’s utility for builders rather than casual users. Alongside infrastructure changes, the platform has seen several projects go live. One of the earliest was the Web3 game “Noodle.” The game adopts classic snake gameplay, where players earn tokens by defeating others. It uses LAUNCHCOIN, the native token of the platform, as part of its in-game economy. Noodle’s release drew wider attention to Believe and helped increase usage on the platform. The platform has moved beyond meme-based token creation and now attracts functional projects and active developers. Meanwhile, it still relies on activity across X, where token launches and updates appear in real time.
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