The Believe platform has been very popular recently, and a quick look at the essential tools for "beating dogs"

Author: KarenZ, Foresight News

With the platform's native token LAUNCHCOIN rising by nearly 100 times in a single week, Believe ecosystem has shown strong growth momentum. According to Believe Launches statistics, since the launch of the new version of Believe on April 27, a total of 12,689 tokens have been issued, of which 5,211 have been added in the past 24 hours, showing high-frequency vitality. The cumulative transaction volume reached US$16.6 billion, the 24-hour transaction volume was US$740 million, and the cumulative revenue of creators reached US$16.64 million (the revenue of US$7.4 million in the past 24 hours).

It is worth emphasizing that according to the author's observation, even developers with thousands to tens of thousands of fans and high Ethos reputation scores face the challenge of market cold start-up, and most tokens will eventually fall back to below $30,000 even if the market value is temporarily increased.

It should be noted that although Believe abandoned Clout's simple "social relationship assetization" model and instead focused on "empowering projects or technologies with practical application scenarios to help tokens be issued and coldly launched", most of the tokens on the platform currently fall into the Meme category. What is more worth noting is that the new currency cycle is being compressed sharply (from "sky level" and "hour level" to "minute level"), and combined with doubts about chip distribution, sniper stock grabbing, false prosperity, etc., if retail investors are not profitable for a long time, the market popularity will be difficult to maintain.

In a market where opportunities and risks coexist, tools are the key to screening high-quality tokens and avoiding risks to a certain extent. The following are some essential tools for Believe ecosystem:

Believe Screener

Believe Screener is built by @nanowip, supports the sorting of Believe ecological tokens by market value, trading volume, and increase, and presents tokens newly launched by Believe in real time, and can be navigated to related tweets. The Believe Screener website has a new token push module set up in the lower right corner to ensure that users capture the instant new token dynamics.

Believe Launches

Believe Launches is built by @0x_ultra, and supports viewing the top 50 Believe ecological tokens by market value, trading volume, creator fees and other indicators. It also displays Ethos reputation scores, which facilitates users to view the credibility of token creators. Believe Xultra’s Believe SF feed stream allows users to filter low-quality tokens by number of creator fans, number of smart fans, and Ethos reputation scores.

https://believe.xultra.fun/stats

Believe Signal

Believe Signal supports filtering tokens by minimum number of followers, whether the Twitter account has been verified, and displays the number of Twitter followers, and market data directly pointing to GMGN.

https://www.believesignal.com/

PumpPill plugin

The PumpPill plug-in is built by @shixguang_, which supports viewing the coin issuance records, name change history, and joint attention of KOLs on Twitter accounts that have been sent to pump.fun, Boop, Believe and other platforms. It can largely identify the devs of high-frequency Rug Pull. The PumpPill plug-in is a paid service, and users can also visit https://pumpscam.com/ for free inquiries.

https://chromewebstore.google.com/detail/pumppill/fhfmioonhaaojhlicfalhidddcpcdogf