Processed over $1 billion in volume through its launchpad in 2025, ranking among the 6 launchpads on Solana that exceeded this threshold.

Ben Pasternak has not posted on social media since October 20th, representing 2 months of founder inactivity.

A trader publicly stakes their reputation on the project, stating they will never talk about another project the same way and calling it a "Miracle."

A trader draws a negative comparison between the project and the failed Terra Luna, claiming both were created by Stanford alumni, along with StreamDefi, raising reputational concerns.

An Alliance interview reveals Believe tokens have an equity anchor despite the terms of service stating otherwise, creating a discrepancy that raises questions about investor disclosure and what token holders actually purchased.

SOAR retroactive airdrop for Believe traders is now claimable with 90% of eligible users having rewards to claim, with warning that claiming window won't last forever.

A trader compares the project unfavorably to competitor META/metadao, stating META "might be what believe aka launchcoin should have been" and citing META's recent launches including Avici as examples of stronger performance.

Believe app ships Chat feature (v1) designed to help creators and communities understand coins, with team announcing active engagement in the feature.

LaunchOnSoar releases "Frequent Flyers" points program that retroactively rewards users who traded on Believe, PumpFun, and other platforms, with speculation about a potential airdrop distribution.

All projects have migrated away from the platform following the pivot to believeapp.

Launchcoin trades at 10x higher volume than the rebranded Believe token.

LAUNCHCOIN reached a 400 million market cap during the recent alt season.

The project lead allegedly executed 3 consecutive rug pulls in 12 months across CloutApp (rebranded to BelieveApp), launchcoin, and the current project.

The project lead faces accusations of excessive spending including $40,000/night hotel costs, with widespread belief among traders that the project is being rugged.

Legal action against the project team is being discussed, with community members offering assistance for lawsuits. (ID: 1989394713020186741)

Pasternak deletes his tweet about the believe flywheel going live after multiple weeks of silence.

$DUPE exits the believe ecosystem and shows strong performance after leaving, with the ecosystem described negatively by traders. (ID: 1989240734403461394)

The project pivots to prediction markets, moving away from its previous ICM launchpad model.

A new ICM platform called "noice" launches with the goal of bringing back the ICM meta after the project's failure to sustain it, compared to how Echo resuscitated ICOs.

MetaDAO is positioned as accomplishing what Launchcoin failed to achieve, with ownership coins described as the new ICM standard replacing the previous model.

A specific rug pull accusation names Pasternak as taking $30M by charging transfer taxes on coin swaps into 'believe' before destroying the liquidity pool.

Metadao and early believe (specifically dupe and kled launches) are compared as having the highest quality among ICM launchpads.

The claim contract was exploited through a signature vulnerability, with the team buying back more than the drained amount and reinstating claims with a new secure contract. A new competing ICM platform called Soar launches, with Believe characterized as a "fiasco."

The project faces direct rug pull accusations, characterized as an "ultra slow rug with tons of gaslighting."

Community members criticize the Launchcoin Foundation for bearish actions, comparing it unfavorably to the Ethereum Foundation's bearish reputation.

A $15,000 rewards fest begins, incentivizing users to trade the token, share profit/loss statements, and complete daily check-ins.

Competitor tokabu surpasses the project, and the Solana Foundation reportedly requests Nikita Bier to ban related accounts to avoid embarrassment.

The token trades at zero following a two-week chart collapse, while a chat feature becomes available to remaining holders.

Meteora names believe among key partners for V2 product development, planning to unveil new products at Met Dhabi before Breakpoint.

Multiple projects including KLED, PMX, KARMA, and DUPE switch from Believe to direct Meteora integration, with the infrastructure provider helping teams reverse Believe branding on trading platforms like Axiom and Jupiter Pro.

Community accuses leadership of rugging by providing only 2 weeks for token migration, with calls to cancel project leadership and anyone promoting the project.

The rug pull receives confirmation, and an individual named 'peace' launches a secondary rug pull targeting vulnerable traders affected by the original incident.

$KLED flipped $BELIEVE in market positioning.

Messari Q3 Solana report lists the project as a major entrant in ICO/Launchpad activity alongside Jupiter, Metaplex, MetaDAO, and DevFun.

The platform launches flywheel mechanism.

The team is accused of minting additional tokens, described as showing greed, with the token price affected by this alleged token minting practice.

Partner project KuroStudiosFun publicly commits continued support despite challenging conditions, completes first token buyback with additional buybacks planned, and announces upcoming game launch with token use case integration.

Token migration completed with price declining 25% following the event, with traders characterizing the sell-off as capitulation.

Trader publicly accuses Pasternak of extracting value socially and financially from projects on the platform and claims multiple projects abandoned it due to unfavorable conditions, attributing KLED's success specifically to leaving Launchcoin.

$KLED officially flips the platform, surpassing it in market position.

Ben Pasternak is accused of building the platform to extract value, taking 5% supply from every project launched through believe while contributing nothing in return.

Platform activity cools on October 31st with 137 new tickers created (down from 164) and 5 graduations (down from 13), while trading volume drops nearly 50% from the previous day.

The main token experiences a sharp decline while ecosystem coins maintain strength and pump, creating a notable price divergence between the platform token and its associated ecosystem tokens.

Meteora offers support process for liquidity providers who lost money on the platform, directing affected users to open tickets in their Discord for assistance.

KURO token launches on the platform and one trader achieves a 4,130% gain ($59,750 profit) by buying $1,447 worth of tokens and selling as market cap reaches $10M within minutes.

A coin launched on the platform suffers a rug pull with $150k in instant losses as the developer withdraws funds.

The platform records explosive growth on October 30th with 164 new tickers created (over 120 more than previous day) and 13 graduations (up 11), marking one of its strongest days in creation and engagement.

$LAUNCHCOIN collapses 99% after the team withdraws liquidity to fund migration to $BELIEVE token, triggering rug pull accusations from holders.

ICM token launches with assistance from the platform, and ICM commits to building on Solana with the platform as their primary venue. (Tweet ID: 1983674032127177074)

$ICM staking goes live in November offering USDC/SOL rewards. The revenue comes from referral fees collected by referring incubator applicants to launchpads including LaunchOnSoar.

The token is up 15% in the last 24 hours.

Hyperliquid delists the token due to migration.

Multiple perpetual DEXs have delisted LAUNCHCOIN ahead of the scheduled migration date occurring in 4 days.

The project generated $30 million in revenue over a 1-year period.

A trader reports LAUNCHCOIN as one of 10 assets that generated 90% of their $4.34M capital gains over the past 12 months out of 527 assets traded.

Lighter exchange is delisting lauchcoin from their platform.

The app has launches and a flywheel mechanism coming soon, marking renewed activity after being characterized as "kinda silent" in the recent period.

Project secures $10K grant and receives Pasternak seal of approval.

The project increases its token supply by 33%.

Ourbit exchange adds support for the 1:1 LAUNCHCOIN to BELIEVE token upgrade and enables BELIEVE trading on its platform.

The app launches a chat feature as part of social functionality expansion.

Market observers now characterize the launchpad as "the most hated" in the Solana ICM ecosystem despite pioneering the narrative, with operations described as "kinda silent."

Smart money inflow totals $497K over past 7 days with 4 smart money traders participating.

Smart money inflow of $182.9K over the past week ranks first among all Solana memecoins, with current market cap at $98M.

Team attempted to raise $20M with AllianceDAO assistance but failed to secure even $500K in commitments from VCs who rejected the proposal.

LAUNCHCOIN drops over 30% following the announcement of token migration to new ticker BELIEVE with different tokenomics.

The token receives small speculative flows from traders as part of broader smart money activity in meme tokens.

Team allocation locks for 4 years, and the 33% token dilution does not start until after 1 year.

Team holds $20M cash treasury ready for deployment and plans exchange listings with market makers. New "belief score" loyalty system rewards long-term holders with airdrops, fee reductions, and perks, while migration to Meteora generates additional fees for the protocol.

Team conducts live discussion to clarify confusion between BELIEVE and LAUNCHCOIN following yesterday's controversial announcement.

LAUNCHCOIN's restructuring plan includes a flywheel mechanism to buy BELIEVE tokens alongside the 33% supply increase to 1.33B tokens.

LAUNCHCOIN drops 29% following announcement of migration with 33% inflation.

Community member accuses project of major token dilution with 5% allocated to investors and 3% to the team.

Smart money traders generate $129.3k net inflow in the last 24 hours, ranking as the top buy on Solana.

Team confirms retroactive buybacks will be implemented.

A potential attack vector on the migration mechanism is identified, involving LP manipulation where an attacker could use $500k to repeatedly buy BELIEVE, pair with SOL on Raydium, buy and migrate LAUNCHCOIN, then sell through the pool to exploit arbitrage opportunities until the team shuts it down.

Migration participation rate reaches only 20%, far below the team's 70-80% expectation, and the migration mechanism extracts an additional 2% fee while enabling recovery of 97% of SOL from the old liquidity pool at current participation levels.

Token price trends towards zero with holders experiencing severe losses. Nikita Bier identified as a project backer, and concerns emerge about continued team selling pressure.

Flywheel mechanism launches October 30th, with $1M preseeded LP deployed for BELIEVE token and team expecting 70-80% migration participation during the 2-week migration period followed by 2-week claim window.

The migration involves a 33% supply dilution (new total: 133.3M tokens) to create a 25% team allocation, with only 3% of new supply unlocking immediately for foundation grants while remaining team/investor tokens have 1+ year lockup. One tweet mentions a two-week conversion window, conflicting with the previously reported four-week migration deadline.

Launchcoin migrates to $BELIEVE token on Solana with 25% supply inflation, featuring a 4-week migration deadline after which unmigrated tokens will be dumped to zero with proceeds kept by the team. The migration uses their own @MigrateFun protocol product.

Zora launches a believe fund ahead of the project, and Launchcoin's flywheel mechanism inflates token supply.

The project positions itself as an aggregator providing exposure to multiple ICM launchpads (Launchcoin, Meta, and others) simultaneously, differentiating from single-platform competitors. Additional competitors identified include Launchcoin, Zc, and Star alongside previously mentioned Meta.

First cohort of ecosystem apps PMX, Dupe, Inbox, and Virus have achieved product-market fit, with a second batch of apps in development.

$AGOK officially launches with AI prediction market agents and a vault system for passive income generation.

Solana and Pump.fun operate without alignment or public interaction, pursuing divergent strategies where Solana targets professional audiences via ICM while Pump.fun focuses on meme-based retail onboarding through CCM.

$META identified as the closest competitor in the launchpad category, both platforms targeting startups looking to tokenize.

MeteoraAG announces collaboration with the project as part of their startup vertical to drive ICM (Integrated Capital Markets) development on Solana, positioning it alongside RWA and Incubator initiatives.

$AGOK (Agok_AI) is identified as an ecosystem project featuring prediction market assistants and trading agent functionality through Aster_DEX integration, positioned for Q4 expansion. NO SIGNAL

Price surges 68% in dramatic resurgence, significantly outpacing the broader meme coin sector's 10% weekly gain.

Solana officially displays ICM in their bio and actively pushes the ICM meta according to ecosystem observations, representing direct platform-level endorsement of the narrative.

Ecosystem reaches $177M total market cap with largest individual project at $30M as volume increases ahead of anticipated launches. NO SIGNAL

Ecosystem projects show market activity with Virus at 18M, Weed at 36M, and Pcule at 23M market caps while the main project trades at 90M. Related incubator/DAO icmdotrun is highlighted as adjacent ecosystem play with Luca Netz serving as advisor, and new launches are expected very soon.

Several ecosystem startups are going viral, demonstrating the platform's fee mechanism is successfully seeding founder ideas into market-ready products.

Ranks #5 among most discussed coins on social media today with strong concurrent market performance.

New economic design expected to go live early October with focus on holder incentivization mechanisms, according to recent interview.

A flywheel mechanism is mentioned for the platform as part of the ICM and prediction markets sector heating up.

$MET airdrop is announced as incoming, while ICMdotRun reports receiving over 100 applications and a token migration from $RIPVC to $PASTERNAK has been accelerated with $2M valuation.

Team confirms continued project commitment and releases mobile app update, driving price increase.

A programmable ETF token is coming soon that will aggregate tokens and NFTs with perpetual on-chain strategies focusing on various ecosystem projects and DeFi plays.