Deep Dive
1. Rug Protection & BLV Suffix (6 June 2025)
Overview: Believe introduced anti-rugpull tools, including a 24-hour fee block on new tokens and manual reporting for suspicious activity.
All tokens launched on Believe now end with “BLV” in their contract addresses, mirroring Pump.fun’s “.pump” branding. This standardization helps users verify authentic Believe-launched tokens and reduces impersonation scams. The platform also displays real-time token health metrics and creator earnings.
What this means: This is bullish for LAUNCHCOIN because it directly addresses rampant memecoin fraud, potentially restoring user trust. Enhanced transparency could attract more creators and traders to the platform. (Source)
2. iOS Token Release Optimization (June 2025)
Overview: Believe overhauled its iOS app to handle ~100% of token launches, up from 1% previously.
The update streamlines token deployment via social media interactions (e.g., tweeting “$TICKER” + @launchcoin). Tokens start on a bonding curve and graduate to Meteora DEX once hitting $100K market cap.
What this means: This is neutral for LAUNCHCOIN – while improving accessibility, it risks oversaturating the market with low-quality tokens. The shift may boost short-term activity but requires quality control to sustain growth. (Source)
3. Fee Mechanics Update (June 2025)
Overview: A 70/30 fee split between creators and Believe now uses Solana (SOL) instead of LAUNCHCOIN.
Creators claim earnings daily by linking their X accounts, with fees collected entirely in SOL. This reduces LAUNCHCOIN’s utility in the ecosystem but stabilizes revenue streams amid volatility.
What this means: This is bearish for LAUNCHCOIN’s tokenomics, as it sidelines the native token from core fee structures. However, SOL integration could attract more Solana-centric projects. (Source)
Conclusion
LAUNCHCOIN’s updates prioritize security and scalability but reveal tensions between growth and token utility. While rug protections and iOS optimizations strengthen platform integrity, fee structure changes dilute LAUNCHCOIN’s ecosystem role. Will Believe reanchor its token to new utilities as competition from Pump.fun intensifies?