1'm bullish on $LAUNCHCOIN as #HIRENIKITA the X CPO #nikitabier will be hired for Trusty Building a trust layer for the internet   believe.app/coin/Dwc2GkJdd2XNU... and POSITIVE SENTIMENT in @CoinMarketCap launched by CEO @CaptainRush at #CMC VIP# event #CMCAI let's sharply Deep Dive

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?

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August 01, 2025 at 10:31 AM
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