Recently, the hot topic is the Believe platform, a new launchpad on Solana. The platform token has already surged to 300 million, which is a significant breakthrough.

The difference from a pump is that you at least need to have a decent Twitter account, launch on Twitter, and have data on-chain; deleting tweets will also be recorded, unlike a pump where you can just pay to edit and do Twitter later.

In fact, I specifically downloaded the platform on my iPhone and found that the model is quite similar to Moonshot, allowing direct purchases with U, which makes trading convenient on mobile.

My understanding is that for it to gain traction, it’s more like a VC token launch; you need influential people to launch it for there to be buyers, and currently, many participants are coming from Web2, gaining notoriety on Twitter. So there are more conspiracies involved, rather than just meme-style gameplay.

Currently, many new platforms have emerged, but this one is the only one truly backed by real capital. Right now, Bonk also has a lot of hype but little substance, and the gameplay has changed, so it's easy to lose money while trying to make money on Believe.