Believe Adds Rug Protection Features for Increased Safety and Transparency

Memecoin launchpad Believe has implemented new security features to combat rug pulls and scams, including automatic fee blocking on newly launched tokens. The platform has also standardized its token contract addresses with a “BLV” suffix for easy identification. ➡️ This move aims to deter immediate sell-offs often associated with rugpulls. Additionally, Believe provides users with detailed information about token health status and creator fees. Their enhanced iOS release process now supports near-100% token distribution through the app, up from the current 1%. These updates are aimed at promoting a safer and more transparent ecosystem for their users.