LAUNCHCOIN Surges 15% as Believe Platform Growth Slows
The post LAUNCHCOIN Surges 15% as Believe Platform Growth Slows appeared on BitcoinEthereumNews.com. Believe (LAUNCHCOIN) is up 15% in the last 24 hours, extending its impressive run after soaring more than 17,000% over the past month. The rally comes despite broader signs of cooling momentum on the Believe platform, which has seen a sharp drop in token launches and user activity. LAUNCHCOIN’s EMA lines now point to consolidation, signaling a pause as traders assess the next move. With key support and resistance levels in play, LAUNCHCOIN’s performance may serve as a critical indicator of whether Believe can reclaim relevance in the competitive Solana launchpad space. Token Launchpad Race: Believe Surges, Then Slows Believe App experienced a major spike in activity between May 13 and May 15, with over 4,000 tokens launched daily through its social-media-driven platform. This rapid growth briefly made Believe one of the most active token launchpads in the Solana ecosystem, highlighting its viral appeal and ease of use. However, that momentum has tapered off significantly—new token launches dropped to just 268 by May 25 following the platform’s decision to suspend launches via Twitter and pivot toward an API-based model. Daily Tokens Launched per Launchpad. Source: Dune. The drop-off suggests that much of the platform’s initial traction may have been fueled by short-term hype rather than sustained user engagement. Meanwhile, Pump.fun remains the clear market leader, consistently supporting between 20,000 and 30,000 token launches per day—an order of magnitude higher than its closest challengers. Daily Active Addresses per Launchpad. Source: Dune. Even as Believe peaked at 134,000 daily active addresses on May 15, Pump.fun held strong with 136,519 active users as recently as May 25, indicating deeper and more durable user involvement. The contrast between the two platforms reflects the challenge of turning viral momentum into long-term traction. Without continuous user stickiness or unique utility, Believe may struggle to maintain relevance…
The post LAUNCHCOIN Surges 15% as Believe Platform Growth Slows appeared on BitcoinEthereumNews.com.
Believe (LAUNCHCOIN) is up 15% in the last 24 hours, extending its impressive run after soaring more than 17,000% over the past month. The rally comes despite broader signs of cooling momentum on the Believe platform, which has seen a sharp drop in token launches and user activity. LAUNCHCOIN’s EMA lines now point to consolidation, signaling a pause as traders assess the next move. With key support and resistance levels in play, LAUNCHCOIN’s performance may serve as a critical indicator of whether Believe can reclaim relevance in the competitive Solana launchpad space. Token Launchpad Race: Believe Surges, Then Slows Believe App experienced a major spike in activity between May 13 and May 15, with over 4,000 tokens launched daily through its social-media-driven platform. This rapid growth briefly made Believe one of the most active token launchpads in the Solana ecosystem, highlighting its viral appeal and ease of use. However, that momentum has tapered off significantly—new token launches dropped to just 268 by May 25 following the platform’s decision to suspend launches via Twitter and pivot toward an API-based model. Daily Tokens Launched per Launchpad. Source: Dune. The drop-off suggests that much of the platform’s initial traction may have been fueled by short-term hype rather than sustained user engagement. Meanwhile, Pump.fun remains the clear market leader, consistently supporting between 20,000 and 30,000 token launches per day—an order of magnitude higher than its closest challengers. Daily Active Addresses per Launchpad. Source: Dune. Even as Believe peaked at 134,000 daily active addresses on May 15, Pump.fun held strong with 136,519 active users as recently as May 25, indicating deeper and more durable user involvement. The contrast between the two platforms reflects the challenge of turning viral momentum into long-term traction. Without continuous user stickiness or unique utility, Believe may struggle to maintain relevance…
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