Written by: KarenZ, Foresight News
With the platform's native token LAUNCHCOIN experiencing a nearly 100-fold increase in a single week, the Believe ecosystem is demonstrating strong growth momentum. According to Believe Launches statistics, since the new version of Believe went live on April 27, a total of 12,689 token issuances have been completed, with nearly 5,211 new tokens added in the last 24 hours, showcasing high-frequency activity. The cumulative transaction volume has reached $16.6 billion, with a 24-hour trading volume of $740 million, and total earnings for creators amounting to $16.64 million (with earnings of $7.4 million in the past 24 hours).
It is worth emphasizing that, based on my observations, even developers with thousands to tens of thousands of followers and high Ethos reputation scores face market cold start challenges when issuing tokens. Most tokens, even if they briefly increase in market value, ultimately fall back below $30,000.
It should be noted that although Believe has abandoned Clout's purely "social relationship assetization" model and shifted focus to "empowering projects or technologies with practical application scenarios to facilitate rapid token issuance and cold starts," the vast majority of tokens on the platform currently fall into the Meme category. More concerning is that the new coin cycle is rapidly compressing (shortening from "days" and "hours" to "minutes"), combined with doubts regarding chip distribution, sniper buying, and false prosperity. If retail investors cannot profit in the long term, maintaining market enthusiasm will be difficult.
In a market where opportunities and risks coexist, tools are key to filtering quality tokens and avoiding risks to some extent. Here are several essential tools for the Believe ecosystem:
Believe Screener
Believe Screener, built by @nanowisp, supports sorting Believe ecosystem tokens by market capitalization, trading volume, and price increase, and it presents real-time data on newly launched tokens through Believe, with navigation to related tweets. The bottom right corner of the Believe Screener website has a new token push module to ensure users capture real-time updates on new tokens.
Believe Launches
Believe Launches, built by @0x_ultra, allows users to view the top 50 Believe ecosystem tokens based on market capitalization, trading volume, creator fees, and also displays Ethos reputation scores, making it easier for users to assess the credibility of token creators. The Believe new coin feed from Believe Xultra allows users to filter low-quality tokens based on the number of creator followers, smart followers, and Ethos reputation scores.
https://believe.xultra.fun/stats
Believe Signal
Believe Signal supports filtering tokens by minimum follower count and whether Twitter accounts are verified, displaying Twitter follower counts and directly linking to GMGN's market data.
https://www.believesignal.com/
PumpPill Plugin
The PumpPill plugin, built by @shixguang_, allows users to view the token issuance records, renaming history, and common KOLs of Twitter accounts that have posted on platforms like pump.fun, Boop, and Believe, which can significantly help identify high-frequency Rug Pull developers. The PumpPill plugin is a paid service, but users can also visit https://pumpscam.com/ for free queries.
https://chromewebstore.google.com/detail/pumppill/fhfmioonhaaojhlicfalhidddcpcdogf
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