Written by: KarenZ, Foresight News
With the platform's native token LAUNCHCOIN increasing nearly 100-fold in a week, the Believe ecosystem shows strong growth momentum. According to Believe Launches statistics, since the new version of Believe was launched on April 27, a total of 12,689 tokens have been issued, with nearly 5,211 new tokens added in the last 24 hours, demonstrating high-frequency vitality. The total trading volume has reached 16.6 billion USD, with a 24-hour trading volume of 740 million USD and total earnings for creators reaching 16.64 million USD (with earnings of 7.4 million USD in the past 24 hours).
It is worth emphasizing that, based on the author's observations, even developers with thousands to tens of thousands of followers and relatively high Ethos reputation scores face market cold start challenges when issuing tokens; most tokens, even if they briefly increase in market value, will ultimately fall back below 30,000 USD.
It should be noted that although Believe has abandoned the pure 'social relationship assetization' model of Clout and shifted focus to 'empowering projects or technologies with practical application scenarios to facilitate rapid token issuance and cold start', most tokens on the platform currently belong to the Meme category. More concerning is that the new token cycle is rapidly compressing (from 'day-level', 'hour-level' to 'minute-level'), combined with doubts regarding chip distribution, sniper buying, and false prosperity; if retail investors remain unprofitable in the long term, market enthusiasm will be difficult to maintain.
In a market where opportunities and risks coexist, tools are key to filtering quality tokens and avoiding risks to a certain extent. Here are several essential tools for the Believe ecosystem:
Believe Screener
Believe Screener is built by @nanowisp, supporting the sorting of Believe ecosystem tokens by market capitalization, trading volume, and price increase, and it presents tokens launched through Believe in real-time, with navigation to related tweets. The bottom right corner of the Believe Screener website has a new token push module to ensure users capture immediate new token dynamics.
Believe Launches
Believe Launches is built by @0x_ultra, supporting the view of the top 50 Believe ecosystem tokens by market capitalization, trading volume, creator fees, and other metrics, as well as displaying Ethos reputation scores to help users check the credibility of token creators. Believe Xultra's Believe New Token Feed allows users to filter low-quality tokens by the number of creator fans, smart fans, and Ethos reputation scores.
https://believe.xultra.fun/stats
Believe Signal
Believe Signal supports filtering tokens by minimum follower count and whether the Twitter account is verified, displaying the Twitter follower count and directly linking to GMGN's market data.
https://www.believesignal.com/
PumpPill plugin
The PumpPill plugin is built by @shixguang_ and supports viewing the token issuance records, renaming history, and common KOLs of Twitter accounts that have published on platforms like pump.fun, Boop, and Believe, which can greatly identify high-frequency Rug Pull developers. The PumpPill plugin is a paid service, and users can also visit https://pumpscam.com/ for free queries.