Analyze Believe.app
First and foremost, can the popularity of Believe be sustained?
The conclusion is straightforward:
No, even if @believeapp pushes the on-chain native experience of issuing tokens = posting to the extreme, the platform's long-term value still depends on whether it can find legitimate and sustainable revenue anchors for the Token.
Like friend.tech, Social Tokens, and Pump MEME hotspots, it's more prudent to treat it as a high-volatility, short-cycle speculative narrative.
Secondly, it's worth considering how Believe became popular:
- Packaging token purchases as investments in ideas + founders, catering to the concept of 'internet capital markets'.
- LLM has made 'vibe coding' a trend, making small side-projects easier to land, with tokens seen as a slight incentive for developers.
- Lightweight products like $DUPE, $BUDDY, and $FITCOIN claim to have rapidly gained hundreds of thousands of users or considerable income.
- Endorsement from the Solana Foundation, which should be the key reason for its popularity.
However, the rise and decline of Believe's popularity also confirm a few points:
1. There is still some warmth in the MEME market.
2. The platforms that issue tokens continue to be the ones that extract the most from the MEME track.
3. Focused attention remains the foundation of FOMO.
