Must-Have Tools for Believe: Token Radar, Data Dashboard & Rug Pull Dev Detection

With the native token LAUNCHCOIN on the platform, the weekly increase is nearly 100 times, and Believe’s ecosystem shows strong growth momentum. According to Believe Launches statistics, since the new version of Believe was launched on April 27, a total of 12,689 tokens have been issued, with nearly 5,211 new ones added in the past 24 hours, demonstrating high frequency vitality. The total transaction volume has reached $16.6 billion, with a 24-hour trading volume of $740 million. The cumulative earnings for creators have reached $16.64 million (earning $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 followers and a high Ethos reputation score face market cold start challenges when issuing tokens, and most tokens, even if they briefly increase in value, will eventually fall back to below $30,000.

It is worth noting that although Believe has abandoned the simple ‘monetization of social relationships’ model of Clout and instead focused on ‘empowering projects or technologies with practical applications, helping tokens to be quickly issued and cold started,’ most tokens on the platform currently fall into the Meme category. What is more noteworthy is that the cycle of new coins is rapidly compressing (from ‘daily,’ ‘hourly’ to ‘minute’ levels), coupled with doubts about chip distribution, snipers grabbing the market, false prosperity, etc. If retail investors cannot profit in the long term, the market heat will be difficult to sustain.

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

Believe Screener

Believe Screener by@nanowispBuild, support sorting of Believe ecosystem tokens by market value, trading volume, and price increase, and present in real-time the tokens newly launched through Believe, and navigate to related tweets. The Believe Screener website has a new token push module in the lower right corner to ensure that users capture the latest token dynamics in real-time.

Believe Launches
Believe Launches by@0x_ultraBuild, support to view the top 50 Believe ecosystem tokens by market value, trading volume, creator fees and other indicators, also display Ethos reputation scores, making it easy for users to view the reputation of token creators. The Believe Xultra’s Believe New Coin Feed allows users to filter out low-quality tokens by creator’s number of fans, number of smart fans, and Ethos reputation scores.

https://believe.xultra.fun/stats

Believe Signal
Believe Signal supports filtering tokens based on the minimum number of fans, whether the Twitter account is verified, and displays the number of Twitter followers, as well as directly linking to the market data of GMGN.

https://www.believesignal.com/

PumpPill Plugin
PumpPill plugin by@shixguang_Build, support to view the issuance records, renaming history, and KOLs commonly followed on platforms such as pump.fun, Boop, Believe on Twitter, which can to a large extent identify developers of high-frequency Rug Pull. The PumpPill plugin is a paid service, and users can also access https://pumpscam.com/Free query.

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