CoinVoice has learned that, according to GMGN market data, LAUNCHCOIN (formerly PASTERNAK) continues to rise, with a 24-hour increase of over 193.08%, a market cap exceeding $250 million, and a 24-hour trading volume of $120 million.
According to reports, PASTERNAK is the celebrity coin of Clout founder Ben Pasternak. Clout is a SocialFi platform based on Web3 technology that allows celebrities and creators to issue tokens named after themselves to attract fans and investors, thereby achieving the financialization of personal brands. It was recently reported that PASTERNAK has been renamed to Launch Coin on Believe (LAUNCHCOIN), aligning the token name with the upgraded name of the Clout brand (Believe). [Original link]