LAUNCHCOIN's price increased by 3000% in a week – What’s next?

The LAUNCHCOIN, the token of the Believe App, experienced a skyrocketing increase of 3000% over the past week, with its price jumping from $0.008 to $0.25. This significant rise brought its market value to approximately $250 million.

If this momentum continues, the coin may face resistance at the $0.38 level, and if it surpasses that, it could pave the way to reach $0.50, which would double its market value to $500 million.

However, if indicators suggest a decline in interest or a slowdown in media hype, the coin could be subject to a correction, with the first support level being tested at $0.16, especially if online capital markets do not meet the expected forecasts.

If it breaks this level, it could drop further to $0.097, indicating a significant decline from recent peaks.