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Ben Pasternak Highlights Meme Coin Hold Times Gap: From 30 Seconds to 5-Year Visions

Ben Pasternak Highlights Meme Coin Hold Times Gap: From 30 Seconds to 5-Year Visions

In the fast-paced world of meme coins, where fortunes can flip in seconds, Ben Pasternak's recent tweet has sparked a heated discussion. As the founder of Believe app—a platform designed to launch coins on Solana with a focus on community and longevity—Pasternak pointed out a stark contrast that's all too familiar to blockchain enthusiasts.

He tweeted: "Average hold time today: ~30 seconds. Best founders: building on 5+ year timelines. Slight gap. If we want serious creators and projects to launch coins and stay, hold times need to increase. Believe in something." You can check out the original post here.

This observation hits at the heart of the meme token ecosystem. Meme coins, often born from viral trends or internet humor, attract "degens"—short for degenerate gamblers—who chase quick pumps and dumps. But for founders aiming to build real value over years, this casino-like environment can be discouraging.

Why Hold Times Matter in Meme Coins

Hold time refers to how long investors keep their tokens before selling. In traditional investing, longer holds signal confidence in a project's future. In crypto, especially memes, short holds fuel volatility but can scare away serious builders. Pasternak's call to "believe in something" is a nudge toward shifting from degen trading to what some call "regen" investing—regenerative, sustainable participation.

Data from platforms like Solana shows that many meme coins see massive trading volume in the first hours, only to crash as early buyers exit. Increasing hold times could mean more stable prices, better community engagement, and room for projects to develop tech or utilities beyond the hype.

Community Reactions and Insights

The tweet quickly garnered over 600 likes and dozens of replies, reflecting the divided opinions in the crypto space.

One notable response came from @0xIT4I, who argued that average hold times are inflated due to rugs—scam projects where creators pull liquidity and run. They criticized Believe's past issues like verification bugs and unfulfilled promises, saying: "Focus on producing projects that people want to hold instead of pointing fingers on inflated data."

Pasternak engaged directly with replies. When @ParagonTweaks, a founder building on Believe, asked how to condition markets for long-term value, Pasternak outlined steps: repel short-term holders, encourage long holds via incentives, and build a narrative around belief.

Another user, @0xTojo, suggested that current ICM (Initial Coin Meme) models might not suit "trenchers"—hardcore traders—and proposed targeting patient investors locked out of early-stage opportunities.

Even @believecoin_sol chimed in with a simple mantra: "stop rotating and start believing."

Amid the serious discourse, there were lighter moments. User @MarcellxMarcell replied with a humorous meme image, poking fun at the situation.

Humorous meme award certificate

Believe App's Role in Changing the Game

Believe app, created by Pasternak, aims to bridge this gap. By focusing on verified creators and community-driven launches, it seeks to attract liquidity from believers rather than flippers. Pasternak mentioned in replies that 20% of degens could become regens, with new patient capital filling the rest.

For meme token enthusiasts, this discussion underscores a potential evolution. As Solana continues to host popular memes, platforms like Believe could foster projects with real staying power, blending fun with fundamentals.

If you're into meme coins, consider what Pasternak says—maybe it's time to hold a little longer and believe in the builders shaping the future of blockchain.

Key Takeaways for Meme Token Investors

  • Short vs. Long Term: Meme coins thrive on hype, but sustainability requires longer holds.
  • Platform Innovations: Tools like Believe are experimenting with incentives to reward loyalty.
  • Community Power: Engaged holders can turn volatile tokens into enduring assets.

Stay tuned to Meme Insider for more updates on meme token trends and how they're reshaping crypto.

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