LAUNCHCOIN's market value has exceeded 230 million US dollars, with a 24-hour increase of over 348%

BlockBeats News: On May 14th, according to GMGN market data, LAUNCHCOIN (formerly PASTERNAK) continued its upward trend, rising over 348% in 24 hours, with a market value exceeding 230 million US dollars and a 24-hour trading volume of 126 million US dollars. PASTERNAK is the celebrity coin of Ben Pasternak, the founder of Clout, a SocialFi platform based on Web3 technology that allows celebrities and creators to issue tokens named after themselves, attracting fans and investors to participate and achieving personal brand financialization. Previously, PASTERNAK was renamed Launch Coin on Believe (LAUNCHCOIN), and the token name matches the upgraded name of Clout brand (Believe). BlockBeats note: Meme coin trading fluctuates greatly and relies heavily on market sentiment and speculative concepts, with no actual value or use cases. Investors need to be aware of risks.