Launch Coin on Believe (LAUNCHCOIN) has Experienced a Significant Price Surge, Rallying Over 34,000%

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

Launch Coin (LAUNCHCOIN) has experienced a remarkable price surge, rallying over 34,000% in the past month. The token, which trades on several cryptocurrency exchanges, rose from $0.00055 on April 15 to reach a high of $0.1877 on May 14, according to data from Onchain Lens.

This growth is attributed to increased trading activity and investor interest in the Believe platform. The platform, formerly known as Clout, is a SocialFi application that enables users to create and launch tokens through social interactions on X (formerly Twitter).

9.55M LAUNCHCOIN Bought By Whale As Token Price Reaches Highs

A whale’s massive purchase of 9.55 million Launch Coin (LAUNCHCOIN) tokens sparked a sharp price reaction across the Solana-based SocialFi ecosystem. The investor bought the tokens at $0.16, locking in a floating profit of $800,000 within hours, as first reported by crypto analytics firm Onchain Lens on Monday.

The move was initially spotted by blockchain analytics firm Nansen and later shared on X by an account named "The Crypto Center." 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 surged to $0.35 on Tuesday, pushing the token’s market cap from $81 million to over $160 million within 48 hours. As seen on TradingView, the price broke out strongly above the $0.25 resistance.

The 50-period EMA at $0.24845 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 soared to 862,880 on Wednesday and price held above major moving averages, short-term sentiment leans bullish. However, this type of parabolic move may also trigger profit-taking and volatility if momentum fades.

LAUNCHCOIN Circulating Supply And Exchange Listings

By Wednesday, 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 wide presence 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 leverages social media engagement to trigger 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