LAUNCHCOIN leads crypto market with 500% rally, what is Launch Coin on Believe?
LAUNCHCOIN, a token associated with the SocialFi platform Believe, rallied as high as 500% today amid ecosystem growth.
Formerly known as PASTERNAK, named after Believe founder Ben Pasternak, Launch Coin on Believe (LAUNCHCOIN) hit an all-time high of $0.093 on May 13 during the afternoon Asian trading hours. Its market cap climbed past $81 million as of writing.
Fueling the surge was a sharp spike in trading activity. CoinGecko data shows that daily volume soared over 500% compared to the previous day..
The community widely expects LAUNCHCOIN to become the official native token of the Believe platform, though no formal designation has been announced. Since being rebranded from PASTERNAK to Launch Coin on Believe…