Launch Coin on Believe (LAUNCHCOIN) experienced a significant surge today, rallying as high as 500% amid ecosystem growth. Formerly known as PASTERNAK, the token, associated with the SocialFi platform Believe, reached an all-time high of $0.093 on May 13, with its market cap surpassing $81 million.
The spike in trading activity played a crucial role in fueling the surge, with daily volume increasing by over 500% compared to the previous day. While many in the community anticipate LAUNCHCOIN to become the official native token of the Believe platform, no official announcement has been made yet. Since its rebranding from PASTERNAK to Launch Coin on Believe on May 2, the token’s price has frequently responded positively to ecosystem growth and platform-related developments.
The recent gains followed heightened excitement within the community after developer Alex Leiman launched a token called NOODLE for a crypto-powered game on the Believe platform. The game, also named Noodle, adds a Web3 twist to the classic “snake” style gameplay, where players control a snake, grow by consuming others, and win tokens by defeating other players.
Furthermore, investor interest in LAUNCHCOIN surged after Ben Pasternak, the founder of Believe, hinted at upcoming updates within the ecosystem. In a recent post on X, Pasternak mentioned that Believe would soon introduce new tools to help builders add features to their tokens and a software development kit for developers to integrate tokens launched on the platform into external products. The Believe team has also been expanding to attract more builders and founders to the ecosystem.
Launch Coin on Believe aims to disrupt traditional venture capital by providing a decentralized, community-driven alternative for fundraising and project launching. Users can create and launch tokens through social interactions on X, with LAUNCHCOIN serving as a key token within the platform. Its origin can be traced back to PASTERNAK, a memecoin created by Ben Pasternak, which achieved a market cap of $80 million on its launch day on January 24, 2025.
In conclusion, the rapid growth and development of LAUNCHCOIN underscore the potential of the SocialFi platform Believe to revolutionize the way projects are funded and launched in the Web3 space. As the ecosystem continues to evolve and expand, LAUNCHCOIN remains a token to watch for those interested in the intersection of social interactions and decentralized finance.