GM. This is Milk Road Degen, the crypto newsletter that’s as electrifying as unearthing a dusty Solana token and watching it blast you from couch-change to moon money in four days.
Here’s what we got for you today:
- ✍️ Hidden gems on Believe launchpad
- 🎙️ Milk Road Degen Daily Live Show: The Rise of $CHILLHOUSE
- 🍪 Polymarket nears $200M funding at $1B valuation
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Prices as of 8:00 AM ET.
HIDDEN GEMS ON BELIEVE LAUNCHPAD 💎
Yo degen!
Remember $LAUNCHCOIN?
That random Solana token that sat collecting dust and then blasted from $12M to $350M in four days?
Yeah. That one. The “Internet Capital Markets” one.
Turns out it wasn’t just a one-off. It was the gateway to Believe - a token launchpad where anyone can spin up a coin with nothing but a tweet. Total degen paradise.
And for a minute, it worked: smart KOLs aped in, tokens started printing, and it looked like Believe might be the next big meta.
But now?
The whole thing is down real bad.
LaunchCoin crashed from $250M to under $120M. The team’s forcing all token creators to KYC. CT is yelling “anti-Web3!” from the rooftops.
The vibes? Not great.
But the opportunity? Maybe the best we’ve seen yet.
(emphasis on “maybe”)
Because while $LAUNCHCOIN is down 75% from ATH…
The actual projects built on top? Only down 30-40%.
And a few of them are still building real stuff.
But LG, isn’t this just Virtuals 2.0?
Yes and no.
- Both are token-launching platforms.
- Both are experimental.
- Both have loyal communities.
But here’s the difference:
- Virtuals is a shared economy. All tokens are part of one AI network, and they live/die together.
- Believe is a jungle. Each token is its own thing, usually tied to an actual product or concept. Some are total shitcoins. Some might be real businesses.
Plus, not ALL Believe projects are AI agents. Some are real products with real users.
So let’s get into them.
$DUPE - Alibaba for Zoomers
What it is:
DUPE is an AI-powered bargain hunter. It scours the internet for cheaper versions of high-ticket items (furniture, clothes, decor, etc). Think of it as the front door to the best deals online.
Why people are bullish:
- Users are actually buying stuff
- Dupe Store V2 is launching soon
- High engagement on X from buyers and collectors
- Most degen-native consumer product in the ecosystem
Why it stands out:
- It’s an actual working product with users
- Users get rewarded with the $DUPE token
- Its going viral on Tiktok
Dashcoin score: 94/100 Market cap: $22.5M Holders: 7,000 Website
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*Disclaimer: Hey Roadies! A reality check from the Milk Man: I know my dairy, not your dollars. This partner content isn't financial advice.
HIDDEN GEMS ON BELIEVE LAUNCHPAD (P2) 💎
$KLED - The data warehouse
What it is:
A protocol that pays users for their personal rich media. You submit your camera roll, and KLED sells it to the highest bidder to train their AI agents. All data is stored onchain.
Scary as hell tbh.
Why people are bullish:
- Being compared to GRASS
- The token is deflationary
- Very sticky belief among data + AI-aligned users
- Founders have the “move fast and break things” mentality
Why it stands out:
- Claim to have paid out over $100k to users
- Claims to have over 6 million hours of video content
Special note: This project saw tons of drama last week, following accusations that the team dumped on holders and faked a VC email. I couldn’t find a thread to summarize it all, so here’s Grok giving it to you.
Dashcoin score: 94/100 Market cap: $12M Holders: 4,500 Website
$STARTUP - The Meme play
What it is:
A meme token with no team, no docs, no roadmap… and no problem to solve. I know I said there were real products, but felt the need to give a true degen angle.
And it's quite refreshing in a “serious builders only” ecosystem.
Why people are bullish:
- Every ecosystem needs a true memecoin. This is it
- No execution risk (because there is nothing to execute)
- A true test of market psychology
Dashcoin score: None. Market cap: $11M Holders: 5,800 Website
$AIXBC - The Believe Capital Index
What it is:
The token of Believe Capital, a VC-like fund that invests in new tools, research, and community education within the Believe ecosystem.
It's basically Vader (a Virtuals ecosystem leader), but for Believe.
Why people are bullish:
- Created by legendary trencher @fiiishcake
- Hosting AMAs, publishing research
- The only launch incubator on the platform
Why it stands out:
- Heavily backed by Believe’s founder
Dashcoin score: 44/100. Market cap: $1M Holders: 1,700 Website
Wrapping up
Despite what I said in the intro, all of these tokens are highly dependent on the success of the Believe ecosystem itself.
If the parent falls, they all fall.
But if it rallies again, these could all ride the wave.
And there’s no better time to get up to speed than after the first crash.
Get familiar. Start watching.
And be ready for the next pump.
DEGEN PRO IS COMING 👀
ICYMI: Degen PRO is coming and this week is your last week to get it (and more) for $25/month
On July 14, we’re launching Degen PRO — the ultimate backstage pass to degen chaos.
You’ll get:
- 🧨 Sunday deep dives from LG
- 🧨 Real-time buy/sell/hold signals in a private Discord channel
- 🧨 Biweekly live AMAs to pitch plays and ask questions
- 🧨 Plus: portfolio tracker, token screener & more on the way
But here’s the alpha...
We’re also launching Milk Road PRO All Access — one membership that gets you:
- ✅ Degen PRO
- ✅ Crypto PRO
- ✅ Macro PRO (coming in August)
- ✅ AI PRO (later this year)
- ✅ Full portfolio access, live calls, private Discord & more
Starting July 1, it’ll be $100/month.
But this week only, you can lock it in for just $25/month or $250/year.
Anyone who is currently subscribed to Crypto PRO will be automatically upgraded on July 1st when All Access launches!
So this week is your last chance to lock in everything before the launch and price-hike.
BITE-SIZED COOKIES FOR THE ROAD 🍪
Polymarket nears $200 million funding round at $1 billion valuation. The raise includes $50 million led by Thiel’s fund and follows more use during the 2024 elections.
The $USELESS token jumped to a $140M market cap, up 50% since my call. It's currently trading at $0.138, just shy of its all-time high of $0.148.
A new Virtuals ACP agent goes live today: $WACH. It’s one of the key agents launching soon—worth keeping an eye on.
MILKY MEME 🤣
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