Let me outline the upcoming timeline for everyone.
On 10/1, the liquidity of $RIPVC will be withdrawn and moved to the new coin $PASTERNAK.
After that, the liquidity of $LAUNCHCOIN will likely be migrated to Meteora.
Everyone should know that $LAUNCHCOIN has a lot of daily trading activity, and many people often engage in short-term trading, but they may not necessarily hold the spot for the long term, right?
However, the $LAUNCHCOIN main coin cannot charge fees like the coins in the Believe ecosystem, but migration can allow the massive trading volume of $LAUNCHCOIN to directly benefit holders.
Short-term trading contracts will also provide value to the token, creating a positive cycle.
This further encourages existing holders to hold onto their spot positions. For those who profit from short-term trading, it’s best to use some of the profits to buy spot positions, as the Believe team has clearly stated that they will reward long-term holders.
After the migration is complete, it's the much-anticipated flywheel, Q4 will never be the same🫡
By then, I hope to successfully open a Chinese ICM group, and I hope everyone can celebrate with some spot holdings.
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