Learn how Launch Coin (LAUNCHCOIN) on Believe is transforming token creation by using social posts to simplify and democratize crypto project launches.

As the crypto market continues to experience heightened activity and an influx of tokens, a SocialFi platform called Believe has caught investors' attention. Designed to disrupt the way that projects launch and fundraise, Believe provides a simple way to launch crypto projects using an X account.

One of the projects associated with this SocialFi platform is Launch Coin on Believe (LAUNCHCOIN), which has attained over 3,000% growth in the past week (as of May 20, 2025) and has a current 

On May 15, 2025, LAUNCHCOIN hit its all-time high price of $0.35689, pushing its market cap above $343 million at the time. The rally was fueled by rumors that the coin could be the designated native token for Believe (no official communication on this yet). LAUNCHCOIN has continued to experience price surges since it rebranded from PASTERNAK on May 2, 2025.

What is Launch Coin on Believe (LAUNCHCOIN)?

LAUNCHCOIN is a token associated with Believe, a platform that seeks to decentralize token launching through social interactions on X.

To launch a new token, one only needs to post its TICKER and NAME on X and add the tag 

 to automatically create the new token. The Believe team then tests it, and if it stands out, it’s featured on the platform's app to attract more support.

, this approach is based on a fair, simple and affordable launch, and applies a dynamic bonding curve model to issue tokens at a low cost. Once a coin reaches a $100K market cap, it graduates to Meteora (a 

), where it can access greater liquidity. Believe applies a dynamic fee structure, charging high initial fees that drop to 2% as the token’s price stabilizes.

Tokens on Believe are launched on the Solana network, which provides high speeds and low transaction costs. Once a coin is launched, it becomes available on Solana-supported platforms, such as Phantom, DEX Screener and 

Fees generated by the tokens are shared 50/50 between Believe and each token’s creator. The builder can claim their share by simply linking their X account to the Believe app. Any malicious behavior by the creator may block the fees.

However, there are some key differences between Believe and Pump.fun. For example, while tokens on Believe launch via X, on Pump.fun it’s web-based. Another difference is in the type of tokens launched. Believe focuses more on community-driven utility tokens, while Pump.fun deals with the launch of 

LAUNCHCOIN rebranded from PASTERNAK, a token launched by Ben Pasternak, who founded Clout (now known as Believe).

The rise of Launch Coin on Believe (LAUNCHCOIN)

LAUNCHCOIN has caused a buzz in the crypto scene — especially in May 2025. On May 2, LAUNCHCOIN rebranded from PASTERNAK, which had launched on Clout in January 2025, hitting a market cap of $80 million on launch day.

Since the rebranding, LAUNCHCOIN has experienced significant price spikes as Believe continues to grow and roll out developments on its platform. Notably, LAUNCHCOIN’s major rally occurred around May 13, when a renowned developer, Alex Leiman (co-founder of Plug AI, an AI dating app that got 1.5M downloads in 4.5 months), launched a crypto-powered gaming token called NOODLE on the Believe platform. The previous day, Pasternak had teased more upcoming updates on Believe through his X account.

As the Believe ecosystem continues to expand, LAUNCHCOIN has gained significant attention with unconfirmed speculation that it could be the native token for Believe.

Clout, a SocialFi platform centered on monetizing personal influence, merged the social monetization concept of 

 with the simple and fair token launch mechanism of Pump.fun. A decentralized social network on Coinbase's Base 

 blockchain, friend.tech allows users to buy and sell "keys" linked to X accounts, granting access to private chat rooms and exclusive content. 

Clout also monetizes social influence by allowing X users to issue personal tokens by binding their X accounts to Clout once they acquire 10,000 followers. One advantage Clout holds over friend.tech is that its tokens are automatically connected to 

, thereby opening sales to a broader market, while friend.tech's "keys" can only be traded within the platform.

Clout also leverages Pump. fun's simple token generation process to let users easily launch tokens within five minutes, and employs a bonding curve model whereby token prices increase with demand. But since Pump.fun operates on the Solana blockchain, it fails to attract Web 2.0 influencers — unlike Clout, which features a credit card payment channel, expanding its reach to Web 2.0 influencers on X.

Clout rebranded to Believe in May 2025. The rebranding signified the company's shift from the monetization of social interactions toward the democratization of token creation in order to support creative projects.

This transformation positions Believe as a "creative minting factory," enabling users to launch tokens by simply replying to a post on X with 

and the desired token name. The project’s owners keep their community engaged by regularly posting project updates on X, in addition to other community-building measures. By leveraging social media engagement, Believe aims to empower real-world applications and reduce reliance on individual personalities.

). The token has been listed in the platform's Innovation Zone, which features promising projects handpicked by the Bybit team. This gives you early access to projects with high reward potential, although they also carry higher risk and associated fees.

The rise of Believe and its native LAUNCHCOIN token marks a pivotal evolution in the way tokens can be created and adopted. By enabling users to launch tokens directly through social interactions, such as replying on X, Believe has radically lowered the barrier to entry. This accessibility fuels creativity, empowers niche communities and taps into viral potential, making it possible for anyone with an idea and a following to participate in the decentralized economy.

However, with this ease of access comes risk. The same tools that democratize token creation can also be misused for low-effort or short-lived projects, raising questions about long-term value, project legitimacy and user protection. Hence, 

Ultimately, Believe isn’t just about launching coins — it’s about launching communities. The platform thrives when tokens are rooted in shared purpose, not just hype. As the Believe ecosystem matures, its success will depend upon whether or not it can consistently attract builders who aim to add meaningful, sustainable value to the cryptocurrency market.

In this new era of participatory finance, LAUNCHCOIN and Believe represent both the promise and challenge of decentralized empowerment. With the right balance of innovation, oversight and community alignment, Believe could be a cornerstone of the next wave of 

Beginner

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Launch Coin on Believe (LAUNCHCOIN): The power of community launches

Explore how market psychology shapes crypto vs. stock trading—why emotions, hype, and volatility matter more in crypto than in traditional markets.

 refers to the collective sentiment, attitudes and beliefs of all participants in a particular market. It's one of the key factors affecting prices and dynamics within that market. Market psychology is often contrasted with market fundamentals, as it's often driven by emotions, perceptions and investor 

, rather than hard data. It has the potential to influence prices strongly, and is one of the key variables that traders need to take into account in their market analyses.

 differ significantly in terms of their respective market psychology. The cryptocurrency market's 

, strong herd mentality, attractiveness to high-risk traders and susceptibility to online hype create for it a unique market environment. Thus, its psychology is rarely driven by the same forces that influence emotions within stock markets.

Crypto herd mentality vs. stock institutional behavior 

Herd mentality may affect all kinds of financial markets, but nowhere is it as starkly evident as in the crypto world. The cryptocurrency investor community is known for its strong convictions and ideals, sometimes sticking to them even when the hard data dictates otherwise. As crypto influencers and analysts promote these ideas, much of the rest of the crowd joins in, amplifying the messages and recruiting more believers. 

This also creates the effect of an echo chamber in which individuals actively seek information to confirm their beliefs or hopes. Crypto influencers and ordinary users on social media and discussion forums actively promote the same concepts [e.g., 

 (BTC) soon reaching $1 million], providing support to each other's already established assumptions.

Additionally, two psychological phenomena have been observed to strongly influence the crypto investor community: 

FOMO's effect is particularly notable regarding new coins that are expected to imminently become future stars of the market. A coin may be actively promoted online, with many users predicting it will shoot "to the moon." Investors who don't want to miss out on this purported great opportunity sink their funds into the coin, joining the FOMO crowd.

The FUD effect often rises over the crypto horizon when the market turns bearish, and many assets, including the leading ones (Bitcoin and 

) start losing ground. Panic sets in, with fears gathering about the future of the crypto you hold popping up in your mind, forcing you to react less than rationally.

In contrast to that of the crypto market, stock market psychology is less influenced by herd mentality, FOMO and FUD. Equity investors place far more emphasis on company news, macroeconomic data and actions of large institutional investors, i.e., the market’s major movers and shakers.

The crypto market is known for its higher volatility as compared to that of stocks. This spells both potentially better return opportunities and higher risks. Due to this property of the crypto market, it tends to attract investors with a penchant for risk. 

In contrast, stock market investors are generally more risk-averse. This difference in investor attitudes results in notably divergent market psychologies between cryptos and stocks.

Speculation and expectations of quick profits are prominent in the crypto market. Many crypto investors are trying to earn outsized returns by finding coins that promise explosive growth rates within the shortest time frames.

On the other hand, stock market investors are mainly driven by key fundamentals, such as profit & loss ratios, companies’ dividends histories and overall indicators of companies’ long-term financial health. 

As a result, the crypto market has a much higher proportion of participants with short-term investment outlooks — also a key contributor to the significantly different collective psychologies of the two markets.

Crypto investors tend to gravitate toward social media and online crypto news. Online discussions of coins — and predictions posted by influencers spread — like wildfire in the crypto world, strongly influencing investors’ perceptions, psychology and eventually their actions. 

On the other hand, the stock market is less reactive to online trends or hype. Stock market investors are more likely to patiently wait for key macroeconomic news, major company announcements and quarterly earnings reports posted by companies to help them decide on their courses of action. 

As a result, news and social media content have a much more impactful and immediate effect on the crypto market. For instance, a totally new cryptocurrency, often a 

, might be spun hard on social media, leading it to jump from obscurity to billions of dollars in market cap within days. 

 (PEPE), the crypto market's third-highest-capped meme coin (as of mid-May 2025). Launched on Apr 17, 2023, PEPE skyrocketed to a market cap of over $1.5 billion within 18 days of its market presence, thanks to heavy online promotion. Few companies in the stock market could ever dream of pulling off anything remotely similar.

Why understanding market psychology is crucial for traders 

Understanding crypto and equity market psychologies and their differences is crucial for traders, as market psychology is a key element affecting prices for both of these asset types. Stock investors have long used sentiment indicators, such as the CNN-published Fear & Greed Index, to gauge what emotions are prevailing. Although less established, similar indices are also available for crypto investors. Some of the more popular ones include the Crypto Fear and Greed indices published by 

In order to trade effectively, crypto investors are well advised to incorporate these indices into their decision-making as a complement to 

Additionally, and particularly when the market is in the grip of extreme emotions, applying some basic 

 strategies is essential. For fear-driven markets, setting 

, hedging and limiting your appetite for leverage are among the key recommendations. Meanwhile, for greed-driven markets, good strategies include placing 

 orders and sticking only to trades that meet your criteria to the dot, i.e., not chasing trades that might look tempting but don’t satisfy your defined limits.

Specifically for crypto, other sentiment data besides the major Fear and Greed indices (such as social media sentiment measures and on-chain analytics) should also be in your trading toolbox. 

And if you’re active in the stock market, use 

 data liberally as a vital addition to technical analysis. Some of the most useful fundamental data pieces for the stock market include macroeconomic indicators, global economic and political news, company announcements, industry reports and major government policies on trade and economy.

Market psychology is a powerful driver of prices and conditions in both the crypto and stock markets. Due to their inherent differences, these two markets feature vastly different psychologies. Herd mentality, online hype, the influence of news and social media discussions, speculative trader behavior and overall volatility are significantly higher in the crypto market, something to always keep in mind for anyone interested in successful cryptocurrency trading.

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How market psychology differs between crypto and stocks — and why it matters

Vitalik Buterin has proposed adding “partially stateless nodes” to Ethereum’s scaling roadmap to make running a personal node easier, boosting privacy and censorship resistance.

The S&P 500 fell 0.2%, ending a six-day rally amid deficit concerns and global tensions, as the Fed signaled a continued pause on rate hikes. Gold jumped 1.5% to $3,289 after Moody’s downgraded the US credit rating, boosting safe-haven demand. Despite high yields, global rate cuts support a rally toward $3,300. The Coindesk Indices, which tracks the broader crypto market, rose 0.07%, with Bitcoin up 1.41% and Ether down 0.32%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is COW, up 7.4% after CoW Protocol adopted Fair Combinatorial Auctions to improve trade execution and strengthen MEV resistance.

CoW DAO (COW), launched in 2021, is a decentralized platform offering secure, efficient crypto trading through CoW Protocol, an MEV blocker, and a protection-focused AMM. It spun off from GnosisDAO in 2022 to help DeFi users avoid exploits like MEV and LVR. 

 is replacing its single batch auctions with Fair Combinatorial Auctions (FCA), enabling solvers to submit multiple bids—both individual and bundled. This upgrade improves trade execution, fairness, and MEV resistance while increasing filled orders, lowering slippage, and boosting solver rewards by ~25%.

Check out the latest prices, charts, and data of 

 adding “partially stateless nodes” to Ethereum’s scaling roadmap to make running a personal node easier, boosting privacy and censorship resistance. These nodes can verify blocks without storing full history, reducing reliance on centralized RPC providers. The proposal follows Ethereum’s recent Pectra upgrade and comes amid strong ETH price gains.

Yesterday, Bitcoin spot ETFs saw $41.7M in total inflows, all from non-GBTC funds, while GBTC recorded no flow.

 is offering 500 free points for tweeting about a time you experienced slow blockchain transactions due to congestion, and explaining how Linera’s microchains solve the issue. To qualify, include “microchains” in your tweet and tag Linera. You can also earn bonus points by retweeting Linera-related tweets (+1) and replying to them (+5).

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Vitalik proposes “partially stateless nodes” to boost Ethereum privacy and decentralization

Celebrate Bybit's 70 million user milestone with a recap of another packed episode of  Backstage with Ben, where we discuss partnerships and product updates, Ben’s outlook for the next half of 2025 and more.

Bybit has just crossed a major milestone — 70  million users worldwide — and we’re celebrating with another packed episode of  

. In episode  32, we discuss soaring capital inflows, partnerships and product updates unveiled live from Dubai’s Token2049 week, plus Ben’s outlook for the next half of 2025. Whether you missed the live stream or just want the highlights, here’s everything you need to know.

Bybit has officially hit 70 million registered users worldwide! This achievement reflects the dedication of our global community and the trust users place in our platform for secure, efficient and innovative crypto services. 

Reaching this milestone underscores our commitment to expanding access to digital assets and delivering a seamless experience across both spot and derivatives trading, web3 products and more.

 for a chance to win from a prize pool of 140,000 USDT. Simply deposit and trade to win 7 USDT — and win even more by inviting your friends to join.

 in Dubai, Bybit rolled out a suite of updates designed to improve liquidity, security and trading tools for all users. First, Bybit’s liquidity has fully rebounded, and a 

 from digital markets provider Kaiko shows that Bybit’s market depth for top trading pairs ranks among the highest globally. That means retail traders now enjoy reduced slippage and faster order execution.

, a third institutional custodian alongside Copper and Fireblocks. This collaboration enhances asset security and paves the way for future integrations with banks and regulated entities. On the developer front, we’re sponsoring a 

, and will be inviting builders to create innovative DApps with competitive prizes and mentorship.

 went live as a new research tool that aggregates on‑chain metrics, social sentiment and fundamental data into a single dashboard. Later this quarter, we’ll merge Lens with 

, unifying fundamental and technical analysis in one place. For all desktop users, our order form now offers granular customization, from hiding unused fields to toggling between base and quote displays.

Mobile trading has seen several enhancements as well. We’ve combined spot and margin layouts into one interface, added chart‑based order placement so you can tap directly on price charts to execute trades, and introduced a calendar tab highlighting upcoming economic events that could impact crypto markets. Coming soon, funding rate alerts will notify you when rates cross user‑defined thresholds, even if your device is idle.

Last but not least, we’ve also expanded 

, and launched a Telegram mini app enabling users to stake, earn and leverage products without leaving their messaging platform. VIP members now receive personalized daily reports tailored to their holdings, powered by SoSoValue data. Meanwhile, in the P2P section, we’ve added a filter so you can transact with trusted merchants more easily. In addition, we’ve rolled out zero‑fee deposits for the Vietnamese dong and upcoming support for the Kazakhstani tenge.

Looking ahead to the second half of 2025, we’re focused on broadening regulatory compliance and product innovation. We expect to finalize our MiCA license in Europe and secure additional approvals to offer bank‑linked fiat on‑ and off‑ramps across multiple regions. In Vietnam, we’re 

 to support the sandbox regime, which will introduce direct bank channels and enhance user protections beyond P2P.

Institutional offerings will expand with new custody integrations and direct bank connections, enabling corporate clients and funds to transact with minimal counterparty risk. On the innovation front, our road map includes the public beta of merge trading, allowing automated arbitrage across spot and perpetual markets at half the normal fee rate. We’ll also rename our USDC Perpetual contracts and introduce Copy Trading competitions featuring live leaderboards and instant prize claims.

On the education front, we’ll grow our Learn Live series and Learn Community Hub, delivering timely market insights, tutorials and expert interviews. In addition, we’re planning more on‑site events globally to engage regional communities and gather feedback directly from our users and community members.

Surpassing 70 million users marks a significant chapter for Bybit. Stay tuned for more updates, and 

 as we shape the future of finance together.

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Backstage with Ben, Episode 32 ICYMI: Soaring inflows, Tomorrowland Brasil, gold rally and more!

Glossary

The term “initial public offering” (IPO) refers to the sale offering of a private company’s crypto assets to the public.

In the dynamic world of finance and technology, Initial Public Offerings (IPOs) have been a buzzword for decades. However, with the advent of cryptocurrency, the concept of IPOs has evolved significantly. This guide aims to provide a detailed understanding of IPOs, particularly in the context of the cryptocurrency market. We'll explore the intricacies of IPOs, compare them with 

, and delve into their implications in the crypto world.

An IPO, or Initial Public Offering, is the process by which a private company becomes public by offering its shares to the public for the first time. This move can be significant for companies looking to raise capital, expand their market presence, or allow early investors to exit. But how does this traditional financial concept intertwine with the burgeoning world of cryptocurrencies?

IPOs vs. ICOs: Understanding the Differences

While IPOs are a staple in traditional finance, the cryptocurrency world introduced a new concept: the Initial Coin Offering (ICO). ICOs involve selling a digital asset, often a token, to raise funds for a new blockchain project. Unlike IPOs, which are heavily regulated, ICOs offer a more decentralized and often less regulated way of fundraising.

The Role of IPOs in the Cryptocurrency Market

With the increasing legitimacy and adoption of cryptocurrencies, some crypto-based companies are considering IPOs as a means to enter the traditional financial market. This move symbolizes the merging of two worlds: the innovative, fast-paced realm of cryptocurrencies and the established, regulated domain of traditional finance.

Benefits of Cryptocurrency Companies Going Public

Binance, a leading cryptocurrency exchange, launched its own token, 

, which initially started as part of an ICO. The success of BNB showcases how crypto entities can bridge the gap between traditional finance and the crypto world.

The process of a cryptocurrency company going public through an IPO is similar to that of any other industry. However, there are unique considerations given the nature of digital assets.

While IPOs offer numerous benefits, they come with challenges, especially for crypto companies:

Cryptocurrency companies must navigate complex regulatory landscapes, often differing from traditional finance. Understanding and complying with regulations like 

The cryptocurrency market is known for its volatility. Companies considering an IPO must be prepared for market fluctuations that could affect their public perception and stock prices.

Educating potential investors about the intricacies of cryptocurrency is vital. Many traditional investors may not be familiar with concepts like 

The intersection of IPOs and cryptocurrency marks a significant evolution in the world of finance. As the crypto market continues to mature, we may see more crypto companies opting for IPOs, blending the new-age digital asset space with traditional financial markets.

Initial Public Offering (IPO)

Compete for 2,500 USDT USDT Every Week

Initial Public Offering (IPO)

Grab Up to 5,000 USDT in Rewards

Compete for 2,500 USDT USDT Every Week

Grab Up to 5,000 USDT in Rewards