On May 13, according to GMGN market data, LAUNCHCOIN (formerly PASTERNAK) surged over 400% in a single day, currently priced at $0.08772, reaching a historical high.
PASTERNAK is the celebrity coin of Clout founder Ben Pasternak. Clout is a SocialFi platform based on Web3 technology that allows celebrities and creators to issue tokens named after themselves, attracting fans and investors to participate and achieve personal brand financialization. Previous information indicated that PASTERNAK was renamed to Launch Coin on Believe (LAUNCHCOIN), with the token name aligning with the upgraded Clout brand name (Believe).
BlockBeats Note: Meme coin trading is highly volatile, largely dependent on market sentiment and concept hype, with no actual value or use case, and investors should be aware of the risks.
