In crypto, narratives evolve quicklyâand in May 2025, a new one has captured the spotlight: Internet Capital Markets (ICM). At the center of this trend is a project called Launchcoin, which has surged over 20x in just days. But what is Launchcoin, and is this a sustainable movement or just another speculative wave?
What is Launchcoin?
Launchcoin is a protocol that lets users tokenize ideas directly from social platforms like X (formerly Twitter). Simply replying to a post with â@launchcoin + [your coin name]â can trigger the launch of a new token. The concept taps into the virality of meme coins but attempts to systematize itâmaking anyone with an idea a potential coin founder.
The recent buzz around Launchcoin follows a model that resembles earlier social-token projects like Clankerbot, but this one adds frictionless UX and a mobile-first approach. Some are already calling it âthe TikTok of token launches.â
Is This Sustainable?
The tokenâs valuation surged from $0.01 to $0.24, with an FDV nearing $240M. Despite the meteoric rise, itâs worth noting that most of the current activity is speculative. At this stage, we view Launchcoin more as a trade than a long-term investment.
There are warning signs too: limited website traffic, sparse social engagement beyond one viral post, and no clear roadmap. While itâs grabbing headlines, itâs unclear how sticky this platform will be without deeper utility.
The Bigger Picture: Internet Capital Markets
Launchcoin is just the first ripple in a broader trend. ICM refers to the blending of social influence, capital formation, and blockchainâmaking it possible for ideas to become tradable assets in minutes. It reflects a growing appetite for spontaneous, viral, and community-led funding mechanisms.
While this space is still in its infancy, it hints at a future where capital formation isn't reserved for VCs and big-name founders but is democratized across the internet.
Final Thoughts
Launchcoin is excitingâbut also risky. As with many meme-era projects, early gains may be followed by sharp corrections. Still, the rise of ICM is a signal worth watching. If future protocols can combine virality with compliance and utility, we could be witnessing the next evolution in how projects are launchedâand who gets to launch them.
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