Ben Pasternak
CLOUT / BELIEVE: WP:UNDUE / WP:WEIGHT & promotional
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In May 2025 Pasternak rebranded Clout to Believe. |
In May 2025 Pasternak rebranded Clout to Believe. |
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Following the rebrand the $Pasternak token changed its ticker to the new ticker $Launchcoin. |
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Following the rebrand the $Pasternak token changed its ticker to the new ticker $Launchcoin. This resulted in the token rising to a final valuation of $400 million in under 2 weeks. The value declined another time in rapid tempo to a valuation of $50 million within 3 months. Underlying factors were Pasternak's complete absence of communication with token holders and him not delivering previous promises made like reinvesting the earned fees into the company and its token. |
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In October 2025 Pasternak announced another rename of the now $Launchcoin named token to the new ticker $Believe. This came together with the creation of 33% new supply inflating the total supply. This inflation of supply was in the beginning falsely marketed as an only 25% inflation of supply. Old holders got nothing as compensation for the new supply, while all of the new supply was directly in the hands of the Believe team. |
In October 2025 Pasternak announced another rename of the now $Launchcoin named token to the new ticker $Believe. This came together with the creation of 33% new supply inflating the total supply. This inflation of supply was in the beginning falsely marketed as an only 25% inflation of supply. Old holders got nothing as compensation for the new supply, while all of the new supply was directly in the hands of the Believe team. |
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