1'm bullish on
$LAUNCHCOIN as #HIRENIKITA the X CPO #nikitabier will be hired for Trusty Building a trust layer for the internet
1. Sentiment overview
Bearish sentiment dominates after LAUNCHCOIN fell 79% from its May 2025 peak ($0.36 → $0.07), exacerbated by founder Ben Pasternak’s underwhelming $145K token buyback program (The Defiant). Long-term holders highlight its 27,000% initial surge and Solana integration as potential recovery catalysts, while critics note platform activity collapsed from 5,000 daily token launches in May to <100 by late June (CoinMarketCap).
2. Key discussion themes
Founder credibility crisis: Pasternak faces backlash for delayed roadmap execution despite Believe generating $30M+ revenue
Platform decay: Dune Analytics shows 98% drop in new token launches since May, though $1M Builders Fund aims to revive developer activity
Exchange traction: Listings on KuCoin (4% APR savings product) and OKX contrast with WEEX Futures’ high-leverage perpetual contracts amplifying volatility
3. Competitive pressures
Rival launchpad LetsBonk’s 1% revenue buyback mechanism helped BONK rally 145% in July, while LAUNCHCOIN’s ecosystem lacks comparable incentives.
$PUMP controls 49.6% of Solana launch activity vs Believe’s shrinking share (CryptoNewsLand).
Conclusion
LAUNCHCOIN’s fate hinges on reversing platform decay through the Builders Fund while addressing community distrust. Can Believe’s rug-pull protections and X-integrated token launches regain momentum against established rivals?
