The outbreak of Believe platform: Master the first principle and buy low at the value depression 4/29 It has been exactly half a month since I first called @believeapps platform coin. Some friends are still not optimistic about Launchcoin because of clout. Friends who dont know can take a closer look at my four tweets. The logic is fully written in the tweets. Other fragmentary thoughts are also posted on Twitter and mentioned in the live broadcast. This is the full path to discovering the value depression [4/29] First of all, the most important question, why does the clout pivot not affect my judgment on Launchcoin, that is, @believeapp platform? - I said this in my tweet on 4/29. The reason why I want to buy PASTERNAK (Launchcoin before it was completely renamed) again is: —— Todays two little golden dogs $DUPE $SUPERFRIEND are both launched on @believeapps platform, a new meme launch platform formerly known as clout me, incubated and supported by @alliancedao. Today, the combined market value of the two golden dogs is 10M, while the platform coin itself has a high point of 80M, and the current platform coin is only 5M. Yes, I told you clearly from day 1 that its predecessor was clout. The logic of buying again is because group friend @0xEdwin999 discovered that it was renamed $LAUNCHCOIN, which obviously looks like a platform coin, but it didnt make it clear that when the two new golden dogs were casually pulled to 10m, and the platform coin was only 6m, isnt this the best opportunity to buy? There is a clear value mismatch, which is a value trough. 4/29 tweet link: https://x.com/yuyue_chris/status/1917061019802997068 4/29 tweet link: https:// x.com/yuyue_chris/status/1917061019802997068 [5/4] Why did you continue to buy Launchcoin for the second time? This is largely because the meme launched on boop was cut - the core logic is that the 2️⃣ 100 1M in the middle is much easier than 1 100M - no need for Long Yi - Think about it, the tokens we buy on letsbonk and boop are basically related to this is strongly associated with bonkguy and this interacts with dingaling, and the degree of centralization is difficult to get rid of in a short period of time, but will shackle the upper limit of the platform. The initial traffic is good or bad... This is completely different from the current new platforms play... If @pasternak can pull in an AI founder who can operate and handle things, then he is equivalent to digging out the Bole of New Era DK (founder of Luna), and perhaps only this kind of non-centralized traffic can open the ceiling of the tokens on the platform. Platform coins are fed back by revenue and Golden Dog income, and non-platform coins create the upper limit of tokens on the platform. Launchpad, after all, is used to launch projects, and revenue is needed to effectively support the logic of the platform. People think that PumpFun is awesome not because PumpFun issued coins, but because he unified the measurement and made all the gold dogs come from his platform. At that time, I also knew that this idea was a slow cook and might not be fully verified by the market. It was a real first-level investment thinking. I directly bought his FDV platform coin with only 6M. 6M undoubtedly has nearly 100 times the room for growth compared to other launchpads, especially the 500M boop that just came out. There is a clear value benchmark, which is the value depression. Since then, Launchcoin has been washed to 2M 5/4 tweet link: https://x.com/yuyue_chris/status/1918821240028205271 5/4 tweet link: https:// x.com/yuyue_chris/status/1918821240028205271 [5/12] Internet capital market, the new narrative that Solana’s core circle and the European and American circles want to lead has surfaced- At this time, from the perspective of platform coins, the first thing I paid attention to was still $DUPE went to 20M+ big fly- So I emphasized his platform revenue logic again: This target is very cost-effective, because this is a current FDV of only 6M-It has a voice in the crypto circle, alliance dao @alliancedao Incubated and supported, the founder can bring in high-quality AI founder resources Launchpad While posting the article, I also found that Solana The core figure @rajgokal, one of the co-founders of Solana, COO of Solana Labs, and the version god @himgajria in the AI craze are all discussing the concept of Internet capital market. BTC has returned to 100,000, but the market is lifeless, and the altcoins are rising meaninglessly without fundamentals. This market undoubtedly needs new narratives, new concepts, and new words. At that time, I realized that this new word and new concept might be the new narrative that the Solana core circle and the European and American circles want to lead, exploring the decentralized way of fundraising and the on-chain of real equity and real assets, which is similar to the RWA I mentioned in recent months and the previous pinned article Let fair opportunities happen on the chain: AI Agent brings about on-chain narrative changes, discourse transfer, positive changes in the industry, and enlightenment of primary market investment. So I even told Li Zhuang that when I broke through 20M, I also added a Launchcoin of 22M, and the concept of Internet capital market had just surfaced, so this was still a value depression 5/12 Tweet link https://x.com/yuyue_chris/status/1921673165056708707 5/12 Tweet link https:// x.com/yuyue_chris/status/1921673165056708707 【5/13】When a new narrative comes, be the first to believe. The cryptocurrency circle needs dreamers - This new platform @believeapp is a decentralized YC incubator, this version of ai16z - The experience of clout, the predecessor of @pasternaks product, was not very good, which led to prejudice against believe. However, the founders do not have to be responsible for issuing a new platform coin for the old coins. When they continue to pivot and explore new directions, they can still insist on exchanging old coins for new coins. This shows that they are not the type who want to run away after making a wave of money. While biased against Launchcoin, dont forget that Virtual @virtuals_io also transformed from pathdao, a blockchain game union, to the current AI Agent The market should recommend those who stick with it, rather than those who keep launching new projects after the old projects run away. I also had contact with @everythingempt0 in the earliest days of Virtual, but I missed out by mistake. Before the AI craze came, no one thought that FDV 15M could reach the current 2B. When the new narrative comes, be the one who believes first. The currency circle needs dreamers. The rise at this time is more based on the optimism of the big market, the optimism of the new narrative and the sentiment. Of course, you can also say that I am blindly fomo, but I have a cost advantage of dozens of times. When I share the logic and project updates, the buy button is in your own hands. The price was less than 100M at that time. Whether it is a value depression, this judgment requires imagination. 5/13 tweet link https://x.com/yuyue_chris/status/1922197239168172544 5/13 tweet link https://x.com/yuyue_chris/status/ 1922197239168172544 What I need for the @believeapp platform and the new platform, as well as other related thoughts, have been mentioned in tweets in recent days. When the entire path of Launchcoins outbreak has clear signals and logic, the new narrative created is a kind of conspiracy. Because even if I dont know @alliancedao and the core circles in Europe and the United States, I can still capture a hundred times at a low level through clues, master the first logic of assets and revenue, and buy in the value depression. In any case, investment is to buy low and sell high. Retracta ... Expand