Launchcoin (LAUNCHCOIN) has emerged as one of the most bullish cryptocurrencies in the market, skyrocketing 225% in a single day. The token's explosive growth is fueled by a combination of rebranding efforts, association with the Believe platform, and the ongoing meme coin frenzy. Let's dive into the details behind this unprecedented rally.
Launchcoin Price Up 225%: Key Metrics and Performance
- Current Price: $0.2389
- Market Cap: $236,260,627
- 24-Hour Trading Volume: $101,873,456
- Weekly Growth: 7,000%
- Monthly Growth: 18,000%
- All-Time High: $0.2694 (recently achieved)
The token's performance has drawn comparisons to other viral meme coins like Jelly Jelly and the Official Trump meme coin, which saw similar parabolic rises.
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Catalysts Behind the Launchcoin Rally
Rebranding Initiative:
- Formerly known as PASTERNAK, the token was rebranded to "Launch Coin on Believe" at the beginning of May 2025.
- This change has sparked speculation about it becoming Believe's official cryptocurrency.
Believe Platform Connection:
- Founded by Ben Pasternak, Believe is a Web3 SocialFi platform focused on fundraising and project launches.
- The platform's token generation feature and social media integration (@launchcoin) have contributed to increased demand.
Market Conditions:
- Overall crypto market sentiment has turned bullish following US-China tariff negotiations.
- Investor greed and increased trading activity are fueling speculative assets like Launchcoin.
"Haven't seen such volume and coins since #jellyjelly and $TRUMP" — @simmy_sol (May 13, 2025)
Risks and Sustainability Concerns
While the current hype is undeniable, experts caution about several risks:
- Volatility: Extreme price swings are common with hyped tokens
- Pump-and-Dump Potential: Early buyers may soon take profits
- Historical Precedents: Similar tokens (like Trump's meme coin) collapsed shortly after launch
The rally's sustainability likely depends on:
- Official confirmation from Believe
- Exchange listings on major platforms
- Continued community engagement
Launchcoin FAQs
Q: What is Launchcoin?
A: A newly launched token potentially associated with the Believe platform, which enables easy crypto launches.
Q: Why is the price surging?
A: The combination of rebranding, platform association, and meme coin hype is driving demand.
Q: Is this Believe's official token?
A: No official confirmation yet—current connections are speculative.
Q: How does Believe's platform work?
A: It's a Web3 SocialFi platform that simplifies token creation and project fundraising through social media integration.
Q: What are the main risks?
A: High volatility, potential pump-and-dump schemes, and reliance on hype rather than fundamentals.
Q: Where can I trade Launchcoin?
A: Currently available on decentralized exchanges; major exchange listings could come later.
👉 Learn more about trading volatile crypto assets
Market Outlook and Final Thoughts
The Launchcoin phenomenon exemplifies how rebranding, platform associations, and social media hype can create viral moments in crypto. While the short-term gains are impressive, investors should remain cautious about the token's long-term prospects.
Key factors to watch:
- Official announcements from Believe
- Exchange listing developments
- Community engagement metrics
- Market sentiment shifts
As with any speculative asset, thorough research and risk management are essential before considering an investment in Launchcoin or similar tokens.