Written by: KarenZ, Foresight News
With the platform's native token LAUNCHCOIN rising nearly 100 times in a single week, the Believe ecosystem demonstrates strong growth momentum. According to Believe Launches, since the new version of Believe was launched on April 27, a total of 12,689 token issuances have been completed, with nearly 5,211 new additions in the past 24 hours, showing high-frequency vitality. The cumulative transaction amount reached $16.6 billion, with a 24-hour trading volume of $740 million, and creators' cumulative earnings reached $16.64 million (earnings of $7.4 million in the past 24 hours).
It is worth emphasizing that, based on the author's observation, even developers with thousands to tens of thousands of followers and high Ethos reputation scores face market cold start challenges when issuing tokens, with most tokens experiencing a brief market value surge before falling back to below $30,000.
It needs to be noted that although Believe has abandoned the pure "social relationship asset" model of Clout and instead focused on "empowering projects or technologies with actual application scenarios and helping tokens quickly launch and cold start", the vast majority of tokens on the platform currently belong to the MEME category. More importantly, the new token cycle is rapidly compressing (from "day-level" and "hour-level" to "minute-level"), coupled with doubts about chip distribution, snipers' grab, and false prosperity. If retail investors cannot profit in the long term, market enthusiasm will be difficult to maintain.
In a market with both opportunities and risks, tools are key to screening quality tokens and avoiding risks to a certain extent. Here are several essential tools for the Believe ecosystem:
Believe Screener
Believe Screener, built by @nanowisp, supports sorting Believe ecosystem tokens by market value, trading volume, and price increase, and provides real-time display of newly launched tokens through Believe, with navigation to related tweets. The Believe Screener website has a new token push module in the bottom right corner, ensuring users capture immediate new token dynamics.
Believe Launches
Believe Launches, built by @0x_ultra, supports viewing the top 50 Believe ecosystem tokens by metrics such as market value, trading volume, and creator fees, and displays Ethos reputation scores for convenient user review of token creators' credibility. Believe Xultra's Believe new token feed allows users to filter low-quality tokens by creator follower count, smart follower count, and Ethos reputation score.
https://believe.xultra.fun/stats
Believe Signal
Believe Signal supports filtering tokens by minimum follower count, whether the Twitter account is verified, displays Twitter follower count, and directly points to GMGN market data.
https://www.believesignal.com/
PumpPill Plugin
PumpPill plugin, built by @shixguang_, supports viewing Twitter account token issuance records on platforms like pump.fun, Boop, Believe, rename history, and common KOL followers, which can largely identify high-frequency Rug Pull developers. PumpPill plugin is a paid service, and users can also access https://pumpscam.com/ for free queries.
