BlockBeats news, on June 13, Believe founder Ben Pasternak stated on the X platform that the brand new anti-sniping mechanism of the Believe platform is now live. Like releasing a game, this mechanism also needs to be iterated continuously to perfectly adapt. In addition, Pasternak revealed that they are researching the structure and mechanism of LAUNCHCOIN and will share more related information soon.

According to official sources, the Believe platform announced the implementation of a series of security policy adjustments, aiming to create a more trustworthy environment for builders and traders. Key changes include: suspending the direct issuance of non-project tokens through @launchcoin, requiring developers to submit projects through the official website for manual review; At the same time, changing the featured label to a verified label indicates that the platform has had basic interaction with the team and considers it to be building integrity.

According to ChainCatcher news, monitored by Lookonchain, the crypto KOL pow (@traderpow) sold 14 million LAUNCHCOIN at a price of $0.197 each today, obtaining 16,071 SOL (approximately $2.76 million), and currently still holds 3 million LAUNCHCOIN (approximately $553,000).

PANews, May 27 - According to monitoring by Lookonchain, the trader "BiozYn" sold all of his Fartcoin and LAUNCHCOIN 4 hours ago, making approximately 6 million dollars and 1.8 million dollars in profit, respectively. Previously, the trade ZEREBRO had a profit of about 3.3 million dollars. The total profit now stands at 11.7 million dollars.

BlockBeats news, on May 27, according to Lookonchain monitoring, a trader "BiozYn" sold all of his LAUNCHCOIN and Fartcoin 4 hours ago, making a total profit of 11.7 million USD. Among them, Fartcoin gained 6 million USD, ZEREBRO gained 3.3 million USD, and LAUNCHCOIN gained 1.8 million USD.

Gate News bot message, the Launch platform Believe has made adjustments to its token issuance mechanism. The platform announced that due to the increase in the number of non-project tokens, token issuance initiated directly through the launchcoin account is suspended. Developers now need to submit project applications through the official website, and only after passing manual review can they be released on launchcoin. The platform has also updated the "Featured" label to "Verified" to identify projects that have had initial interactions with the team and are progressing on the project. The platform said that it will review all verification requests, but does not guarantee the legitimacy of the project. All token projects initiated through the official website can apply for a verification logo. Source: Wu Says

Odaily News According to Onchain Lens monitoring, a trader purchased 14.62 million LAUNCHCOIN with only 54 SOL (worth about $8191) about 28 days ago, before its price skyrocketed to over $300 million. Subsequently, the trader gradually sold all of the LAUNCHCOIN, totaling 16,321 SOL (valued at approximately 2.78 million USD) and 666,000 USDT, achieving a return of up to 421 times.

The daily chart Trading Volume of Launchcoin is low, and traders suggest waiting for a short-term Rebound to get on board. The criteria for selecting targets in the second phase of the Believe platform include a market capitalization of over $7 million, high retention rate, and linkage to launchcoin, etc. Choose strong projects to avoid buying the dip of weak coins, and consider targets below the cost price. This opinion is for reference only and is not investment advice.