Why LaunchCoin on Solana Just Surged 7000% ?
The post Why LaunchCoin on Solana Just Surged 7000% ? appeared first on Coinpedia Fintech News
Solana blockchain based token LaunchCoin, the main token of the Believe platform, jumped by 7000% in just one week, going from $0.0061 to a new high of $0.36. This huge increase has attracted the attention of crypto market participants, who are wondering what is LaunchCoin, and why did it surge?
Let’s break it down.
What Is Launch Coin?
Launch Coin is the main token used on Believe, a Web3 social platform that helps people easily create and launch their own crypto tokens through simple posts on X. If someone wants to create a token, they just post on X using the handle @launchcoin, and include a name and ticker like $TICKER + Name.
That’s it! The platform does the rest, it creates the token and gives a link to share.
This makes the whole process super easy. You don’t need to fill out forms, convince people in a DAO, or spend days building a community on Discord. It’s quick, simple, and made for anyone who wants to launch a token with just a tweet.
Why Did LAUNCHCOIN Jump So High?
A big push came from the launch of a new game called Noodle, created by Alex Leiman, the developer known for viral hits like RizzGPT and Astra. The game puts a crypto twist on the classic snake format, where players earn real tokens by beating others.
This “play-to-earn” twist has drawn attention to Believe’s potential for combining fun and finance.
But it wasn’t just the game. Believe’s founder, Ben Pasternak, recently teased upcoming tools that will allow creators to customize their tokens and integrate them into external products. A new SDK (software development kit) is also in the works.
Behind the scenes, the Believe team has been growing fast, aiming to attract more creators and projects to its ecosystem.
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Trader Turn $8K to $4M in 3 Weeks
According to Lookonchain, a blockchain analytics platform, LaunchCoin’s huge price jump helped one trader become a millionaire. A trader just turned $8,191 into over $4 million in only 22 days.
After staying inactive for more than four months, the trader withdrew 68.8 SOL from Binance and used 54 SOL to buy 14.62 million LAUNCHCOIN when its market cap was under $500K.
Right after this, the token’s price started rising fast and later hit a $300 million market cap. As the price soared, the trader sold 2.5 million tokens for 3,465 SOL (worth $617K) but still holds 12.12 million LAUNCHCOIN, now valued at around $3.5 million.
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