Believe Memecoin Launchpad Introduces Rugpull Protection Features

Memecoin launchpad Believe has rolled out enhanced security measures to combat rugpulls and scams. The platform now implements automatic fee blocking for the first 24 hours post-token launch, a MOVE aimed at deterring rapid sell-offs. Manual fee blocking is also available, allowing users to flag suspicious projects promptly.

All tokens launched on Believe now carry a standardized 'BLV' contract address suffix, mirroring Pump.fun's identifiable 'pump' suffix. This feature simplifies authenticity verification for traders.

The platform plans to introduce real-time token health metrics and creator fee transparency within 24 hours. Significant iOS optimizations are underway, with projected token release capacity increasing from 1% to nearly 100% by month's end.

Formerly known as Clout, Believe operates as a Web3 SocialFi platform where users can create tokens through social interactions on X. The launchpad represents growing industry efforts to address security concerns in the memecoin sector.