.@believeapp runs a standard pumpfun model.
But the differentiator is clearly the quality of projects rather than the model itself.
1. Tag Believe and launch coins on Believe
2. Graduate to @MeteoraAG, it takes a 2% fee.
3. 1% fee goes to the creator, 1% goes to Believe
Tokens on Believe did $180M in volume in the last 24 hours, which is ~44% of lifetime volume in one day.
Believe is estimated to pay out ~$1M to token creators and ~$1M to the platform, which, the fee generated today is even larger than @pumpdotfun ($1.95M).
With that being said, all the pumpfun challenger lose momentum in a day or two. Will this happen to Believe too?