MoversSomeguy↓416Afi↓374Grethos↓352Abhi | AP Collective @ Token 2049 🇸🇬↓281aadvark↓263TradeAnton Boiarchuk↑2.5%vitalik.eth↑7.5%Biti8↑3.2%Cuzzo 🛡️↓4.2%VouchesMLO990 WHUF → Serpin TaxtMLO496 WHUF → CirrusMLO100 WHUF → Phoenix 🐦‍🔥MLO100 WHUF → OSFReviewsjeff.hlpositive · 60 upvotesDegen Ape Traderpositive · 47 upvotesaikendrum.ethpositive · 35 upvotesgabriel shapiropositive · 30 upvotes
Profile· Untrusted@believeappOn Ethos
Believe

Believe

373 reviews, 24% of them positive.24% positive · 373 reviews· Influence factor 95, above 19% of accounts

The record

From 125 activities · Apr 2026

Believe is a Solana launchpad platform founded by Ben Pasternak that has faced overwhelming criticism for broken promises, locked funds, and repeated token migrations. Users report scam-like behavior including rug pulls, supply manipulation, poor support, unresponsive teams, and failed product delivery—with particular concerns about the chaotic $LAUNCHCOIN to $BELIEVE migration involving admitted 'math errors' and the project's history as a rebranded version of the failed Clout token. While a small number of supporters praise its innovation in lowering barriers to token launches, the dominant sentiment reflects distrust, financial losses, and accusations of deliberate extraction tactics.

“Believe.app - When Every Tweet Can Become a Manipulated Coin”What the heck is this? Honestly, when I first heard about Believe.app, I thought it was just another gimmick. Seriously, creating tokens directly from Twitter? Sounds like a meme. But then I started digging deeper and realized that these guys did something truly crazy. Imagine this: you reply to a tweet, and BAM - you have your own token on Solana. No wallets, no understanding of the blockchain, no technical fuss. Just write a comment and get a coin that others can buy and sell. The numbers will make your head spin When I saw the stats, I didn't believe it at first. LAUNCHCOIN (their main token) soared 900% in a day. And then it continued to grow and eventually showed growth of 27,000%. Yes, you read that right - twenty-seven THOUSAND percent. Ben Pasternak, who came up with all this, saw his LaunchCoin grow to a market cap of $200 million. This same guy used to make Clout.me, which didn't really take off, and then suddenly it became such a success. Sometimes in crypto, timing and luck decide everything. The platform generated $6.3 million in revenue in one day. That's more than many startups earn in a year. How it works (and why it's brilliant) The whole trick is in simplicity. They took Solana (a fast, cheap blockchain) and made it accessible to ordinary people. No need to understand DeFi, no need to pay fees, no need to even know what a private key is. Go to Twitter, reply to a post, get a token. If you want to sell, you sell. If you want to buy someone else's, you buy. Everything happens in a couple of clicks. This solves the main problem of crypto - it's too complicated for ordinary people. Most of my friends are afraid to even install MetaMask, but here you can trade without leaving Twitter. The ecosystem is growing by leaps and bounds A whole industry has grown around Believe.app. There are websites for tracking all the tokens, analysts write reviews, traders have created Telegram channels for signals. This is no longer just a tool - it is a whole economy. And it is growing very quickly, which shows the real demand for such a product. And now about what worries me Not everything is as rosy as it may seem. Yes, the idea is cool, yes, it works, but there are several serious problems. Firstly, the volatility is just wild. Most tokens rise and fall in a matter of hours. It looks more like a casino than an investment. Secondly, manipulations are at every step. Since anyone can create a token, a whole industry of cheating has appeared. You create a token, negotiate with friends or buy bots so that they "believe" in your project and pump up the price. Then you drain everything and disappear. I myself have seen how these schemes work. Telegram channels openly sell "faith boosting" - for $200 you will be provided with 1000 "believers" in your token. The appearance of organic growth is created, but in reality it is pure pump and dump. What is especially dangerous is that ordinary people do not understand these mechanisms. They see that the token is growing, think that this is real interest, buy at the peak, and then are left with paper. Thirdly, the activity has already begun to decline. The hype passes, but what next? Will they be able to retain users when the novelty wears off? Fourthly, regulators will sooner or later pay attention. When millions of people start creating tokens through social networks, the SEC and other agencies will not stand aside. My personal opinion I tried the platform myself. I created a token for my favorite pizzeria in the area - it took a minute. Friends bought a little for fun. Then the price dropped to zero, and we all laughed. But then I decided to experiment more seriously. I followed several "successful" tokens and noticed strange patterns. The price soars, then falls just as sharply. The activity in the comments looks unnatural - a lot of the same type of messages from accounts with suspicious names. Once I even came across such a scheme. I saw a token that was growing for the third day in a row, I thought it was organic growth. I bought it for $100, an hour later the price fell by 80%. It turned out that several large holders had merged their positions in a coordinated manner. The most offensive thing is that the Believe.app administration pretends not to notice these manipulations. It is clear why - they receive a commission from each transaction, it is beneficial for them to have the maximum number of trades, even if half of them are fake. But I understood the main thing - it really works and is really simple. I have never seen such simplicity in crypto. On the other hand, 95% of the tokens there are just garbage or fraudulent schemes. People create coins for the sake of a meme, without any value, and then try to deceive others. What will happen next? Honestly, who the hell knows. In crypto, it’s already hard to predict anything a month in advance, and here’s such an experimental thing. Maybe they’ll find a way to make tokens more useful, and not just speculative assets. Maybe regulators will shut down the whole party. Maybe a competitor will appear and lure all the users. So far, this is the most interesting experiment in crypto since the advent of NFT. But remember - it’s still an experiment. Is it worth trying?PuncastL @Zetarium ⛽ $XAGE · 1184· 1y ago · negative12
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