According to Gate News bot, as per the official announcement from Gate on May 30, 2025: Gate will delist multiple tokens from the Innovation Zone on May 30, 2025, at 21:00 ( UTC+8. The tokens involved in the delisting include WIZARD, SAN, PASTERNAK, MLG, METAV, GRPH, FLORK, DARK, BUTTHOLE, APY, TROLL, TOLY, LUMO, YZY, DOPE, OPUS, LESTER, FRIC, CATTLE, IQ and 20 other tokens on the Solana chain. At the same time, the 4 tokens PERRY, DDDD, CTD, and AMR on the BSC chain will also be delisted. Users can perform withdrawal operations for relevant assets before the delisting.

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.

BlockBeats news, on May 16, Believe founder Ben Pasternak posted on social media, "I see a lot of concerns about fees, and there will be more explanations later. But in short: we are receiving a large volume of transactions, which is causing issues in many systems. We are fixing it. I see a lot of misinformation about fees on X. All creators will receive fees as scheduled, and the fix may take some time."

Gate News bot, according to on-chain data, cryptocurrency traders pow(@traderpow) sold 7.6 million LAUNCHCOINS at a price of $0.203 in the past hour, earning 9,040 SOLs (about $1.54 million). Currently, the pow wallet still holds 4.75 million LAUNCHCOIN (approximately 1 million USD), and there are an additional 4.49 million LAUNCHCOIN (approximately 950,000 USD) stored in the liquidity pool. According to previous reports from Lookonchain, pow invested 1,466 SOL (approximately $367,000) to purchase 17.66 million LAUNCHCOIN (PASTERNAK) three months ago. Despite the coin once dropping by about 99%, pow chose to hold on. As the market capitalization of LAUNCHCOIN surpassed $150 million, the total value of the tokens held reached $2.7 million.

BlockBeats news, on January 24th, according to GMGN market data, Clout founder Ben Pasternak's celebrity coin PASTERNAK Market Cap once approached 50 million US dollars, rising 86.9% in the past 1 hour, and now falling to 38.3 million US dollars, with a total trading volume of 6980.

a16z partners clarify that it is not related to token a16ze or b16z, and Believe's founder also denies any connection with a16z. The affected token A16ZE's market capitalization surged to 12 million USD last night, then rapidly fell, and its current market capitalization is only 332,000 USD.

The founder of Believe stated that the platform is committed to becoming the most trusted launch platform for traders and will take measures to protect users from being harmed by eyewash: implementing a 24-hour reservation system, preventing eyewash projects from charging fees, and publicly displaying Token health status to ensure project transparency. These measures will be implemented within 48 hours.

According to the Gate.io News bot, trader @traderpow invested 1,466 SOL (approximately $367,000) three months ago to purchase 17,766,000 LAUNCHCOIN (PASTERNAK) Tokens. Despite the fact that the Token subsequently fell by about 99%, @traderpow still chose to hold on. As the market value of LAUNCHCOIN exceeds 150 million USD, the 17.66 million LAUNCHCOIN it holds is currently valued at 2.7 million USD.

ChainCatcher message: Believe founder Ben Pasternak posted on social media stating that the team has recently received a large number of new project applications, but has decided to suspend the inclusion of new projects and focus resources on supporting the development of existing projects. Pasternak emphasized that Believe's primary task is to ensure they have the tools and resources necessary for success.

BlockBeats news, on May 15th, Believe founder Ben Pasternak posted on social media that the past few days have been very crazy, and he is very grateful for the energy behind the project's vision. The team has seen a surge in interest from founders, but will not temporarily promote new projects in the recommendation zone, instead focusing on supporting projects that are already in development. Believe's top priority is to ensure they have the tools and resources they need for success.