Say Hello to the Token Launcher Wars' New Challenger...

Here’s what to know about @believeapp.

~~ Article by @wmpeaster ~~

🪙 What Is Believe?

Believe is the April 2025 rebrand of Clout, a Ben @pasternak project that let users launch social tokens. Now, Believe is focused on disrupting and democratizing venture funding.

The Solana-based app lets anyone mint a token from any X post. Then the crowd decides if the idea deserves runway via buys.

The goal? Turn internet attention into permissionless capital markets.

→ Founders can claim 50% of trading fees, even if they didn’t create the token.

→ Scouts who tokenize a post first earn 0.1% of fees in perpetuity.

→ Traders can speculate on startup tokens that perform well.

📌 How Does Believe Work?

Believe’s mechanics are simple.

First, “tag and mint”: post an idea on X and tag the Launch Coin account with a name and ticker to create a token. Or reply to an existing post with the same format.

Tokens start on a dynamic bonding curve. Early buys face a high anti-snipe fee that decays to 2% as liquidity builds. If a coin’s market cap hits $100K, it graduates to a Meteora pool for deeper liquidity.

Believe plans to add gated chats, investment opportunities, and vesting creator fees to align incentives.

Importantly, these coins aren’t equity. They don’t offer ownership, governance, or revenue rights.

“Your coin should function like digital merchandise,” Believe’s Playbook notes. “Think of it as a way for supporters to back your project—not a security.”

That framing hasn’t slowed interest.

📊 By the Numbers

Believe is seeing huge momentum.

Its main token, $LAUNCHCOIN—rebranded from $PASTERNAK—rose over 6000% this week, hitting an all time high of $0.26.

In the past 24 hours alone, Believe coins processed $515.00M in volume, pushing lifetime volume past $1.00B. Creators have earned ~$3.50M in fees.

Further, many of the largest Believe coins have seen triple-digit daily gains, at time of writing.

📱 Diving In

The aforementioned Believe Screener by @nanowisp is a great resource for finding and analyzing Believe coins, but you can also try the Believe app firsthand by downloading its mobile app.

Open questions remain, though. Will founders follow through? Can the “digital merch” model dodge securities rules?

Time will tell. But right now, Believe is the hottest launcher in crypto. If the team can keep this momentum up, their app could be one of the year's big breakout successes onchain. Keep it on your radar accordingly