Believe essential tools: token radar, data dashboard, and identifying high-frequency Rug Pull Dev
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Believe essential tools: token radar, data dashboard, and identifying high-frequency Rug Pull Dev
Essential Belief ecosystem tool to help screen high-quality tokens and mitigate risks to some extent.
Navigating Web3 tides with focused insightsBy: KarenZ, Foresight News
With the platform's native token LAUNCHCOIN surging nearly 100x within a single week, the Believe ecosystem is demonstrating strong growth momentum. According to Believe Launches, since the launch of Believe's new version on April 27, a total of 12,689 tokens have been issued, with 5,211 newly added in the past 24 hours alone, reflecting high-frequency activity. The cumulative trading volume has reached $16.6 billion, with a 24-hour trading volume of $740 million, and creators have earned a total of $16.64 million (with $7.4 million earned in the past 24 hours).
It's worth emphasizing that, based on the author's observation, even developers with thousands to tens of thousands of followers and high Ethos reputation scores still face market cold-start challenges. Most tokens, despite brief market cap spikes, eventually fall back below $30,000 in value.
It should be noted that although Believe has moved away from Clout's simple "social relationship assetization" model and instead focuses on "empowering projects or technologies with real-world applications, facilitating rapid token launches and cold starts," the vast majority of tokens on the platform currently fall into the Meme category. More notably, the lifecycle of new tokens is rapidly compressing—shortening from "daily" and "hourly" to "minute-level"—and combined with concerns around token distribution, sniper frontrunning, and artificial hype, if retail investors cannot achieve sustainable profits, market enthusiasm will be difficult to maintain.
In a market filled with both opportunities and risks, tools are key to filtering high-quality tokens and mitigating risks. Below are several essential tools for the Believe ecosystem:
Believe Screener
Developed by @nanowisp, Believe Screener allows users to sort Believe ecosystem tokens by market cap, trading volume, and price gains. It also displays tokens newly launched via Believe in real time and provides navigation to related tweets. A new token alert module located at the bottom right corner of the Believe Screener website ensures users capture immediate updates on new token launches.
Believe Launches
Built by @0x_ultra, Believe Launches enables users to view the top 50 Believe ecosystem tokens based on metrics such as market cap, trading volume, and creator fees. It also displays Ethos reputation scores, helping users assess the credibility of token creators. The Believe Xultra feed allows users to filter out low-quality tokens by creator follower count, number of "smart" followers, and Ethos reputation score.
https://believe.xultra.fun/stats
Believe Signal
Believe Signal allows filtering tokens by minimum follower count and verified Twitter account status. It displays the number of Twitter followers and provides direct links to GMGN market data.
https://www.believesignal.com/
PumpPill Plugin
The PumpPill plugin, developed by @shixguang_, allows users to view a Twitter account's history of launching tokens on platforms like pump.fun, Boop, and Believe, along with name change history and shared followings with KOLs. This helps significantly in identifying developers prone to frequent Rug Pulls. PumpPill is a paid service, though users can also access https://pumpscam.com/ for free information.
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