Since June, the Believe platform coin LAUNCHCOIN has more than doubled, and Believe, as a token creation data for Launchpad, has returned to growth. On June 8th, the number of token creations reached a single day high of 5.9k (accounting for about 25% of Pump Fun). Can ICM narrative be looked forward to again? As of now, there hasn't been much fluctuation in the trading volume and users of the tokens launched by Believe. Although the daily number of token launches can reach 2k recently, there hasn't been any Golden Dog yet. It is worth observing whether the growth of the base can guarantee the occurrence of that small probability The current understanding of ICM in the market is to hope that Believe can become a specialized tool for teams that need to do things and make applications, in addition to Pump, to directly issue coins and allocate transaction fees to the team to support cash flow. Believe has recently updated a series of anti fraud measures, which also shows that it is heading towards this path, such as not being able to collect fees within the first 24 hours of new coins; Users can report scam tokens to permanently prevent them from receiving fees; Token status monitoring display, etc As a player in the Meteora series and a creator of tokens based on Meteora, Believe's main competitor Launch On Pump remains sluggish, mainly due to poor wealth creation effects, with very few new coins graduating. In addition, despite being based on Pump Fun, Launch On Pump has never been recognized by the Pump Fun team Finally, it should be noted that in recent days, Believe has updated its token creation Execution Account, but many data have not been updated yet, which underestimates the growth of Believe