Rebranding and Meme Coin Frenzy Fuels The Hype
By: bitcoin ethereum news|2025/05/14 20:30:08
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Launch Coin on Believe or Launchcoin is the most bullish cryptocurrency on the market, past its 225% rally today. Despite a new launch, the token is creating new ATHs with incredible demand and popularity among investors. Interestingly, its rebranding and the association with the crypto coin launch platform, Believe, is fueling its price. Let’s discuss the key details. Launch Coin on Believe News: Launchcoin Price Up 225% Today In the cryptocurrency world, hype drives the price of a token, and the same is happening with the Launchcoin token price, which is up 225% today. More importantly, its price has surged more than 7,000% in a week and 18,000% in a month, currently trading at $0.2389 with a market capitalization of $236,260,627 per CoinGecko data. Its trading volume of $101,873,456 explains its high demand among investors. The token is moving higher on the charts and has recently created a new ATH at $0.2694. Investors have put it together with Jelly Jelly and the Official Trump meme coin, as they rose similarly. Interestingly, the TRUMP price gains bull dominance, surging amid the hype ahead of the upcoming Trump dinner. #LAUNCHCOIN IS THE FASTEST Havent seen such volume and coins since #jellyjelly and $TRUMP Like if you are still bullish and wait 200M pic.twitter.com/WRNfTXzDmz — simmy (@simmy_sol) May 13, 2025 Key Catalysts Behind the Launchcoin Price Rally This hype is high as the Believe founder, Ben Pasternak, launched the token on the Believe, which is a token generator with easy prompts. Additionally, Pasternak has recently rebranded it from PASTERNAK to Launch coin on Believe at the beginning of the month, building speculations of it being the official crypto token of Believe. As Believe requires users to simply post on social media the name of the token and ticker with ‘@launchcoin’, the demand for this token is building. Besides, it is a Web3 SocialFi platform, functioning towards fundraising and project launches. However, there’s no official confirmation that it was the official crypto at the time of publishing. Can confirm $PASTERNAK has officially been rebranded as $LAUNCHCOIN. — Ben Pasternak (@pasternak) May 2, 2025 Lastly, the crypto market performance has been bullish since the US-China tariff negotiations. As investors’ sentiments have shifted to greed, their trading activity has increased, fueling the performance of digital assets, including Launch Coin on Believe. Overall, it’s the hype that is driving the Launchcoin price rally. However, there’s a certain risk highlighted by experts, including the chances of high volatility and pump-and-dump scams. Will the Rally Sustain? Considering its massive rally, there are concerns about its long-term performance. Historical records show the collapse of such a hyped token. Donald Trump’s meme coin is the prime example, as it crashed days after launch. There’s a high risk as the Launch Coin on Believe is purely surging on hype and speculations. Moreover, the early buyers are dumping the token to make a profits. This could influence the trend of crypto. However, if Believe officially announces it as the official crypto and top crypto exchanges begin listings, the rally could sustain. Frequently Asked Questions (FAQs) LAUNCHCOIN is a newly launched token anticipated to be associated with the Believe platform, which allows users to launch cryptos. The token was already bullish due to the launch by the Believe founder and the renaming raise anticipation of connection between the crypto and platform, fueling its price. As of now, there’s no official announcement but there are unconfirmed rumors. ✓ Share: Pooja Khardia With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market. As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. Source: https://coingape.com/trending/launchcoin-price-explodes-225-today-rebranding-and-meme-coin-frenzy-fuels-the-hype/
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