PASTERNAK Coin: Clout.me’s First Social Token Explained

From a young age, Ben Pasternak has had a knack for software development and apps, creating outstanding applications that launched him to a millionaire status. So, it’s only right that a meme coin created using his name PASTERNAK could have such a profound effect on the industry.

We all know meme coins get their fuel from the community they are able to amass behind them. And thanks to Pasternak’s already massive audience, PASTERNAK is set to become a force to reckon with in the meme coin world. Here’s all you need to know about this meme coin and how you can leverage it to diversify your crypto portfolio. But first;

What is Clout.me Blockchain?

Clout.me is a new Social-Fi platform designed as a meme coin launchpad, allowing influential X users with at least 10,000 followers to create their own official social tokens. The app facilitates token presales, enabling users to purchase these digital assets early before they become tradable on decentralized exchanges (DEXs).

Founded by entrepreneur Ben Pasternak, Clout.me's first token, PASTERNAK, debuted on January 23, reaching a peak market capitalization of $75 million before settling around $47 million. The platform has gained massive traction, leading to temporary malfunctions that have delayed the launch of several tokens from notable crypto figures, including Imran Khan, Based16z, and Vine founder Rus Yusupov.

The concept behind Clout.me is to redefine social media influence by tying it to real financial value rather than follower count. Investors essentially "buy into" an influencer’s reputation, creating a dynamic where credibility and financial backing matter more than vanity metrics. Alliance DAO, a leading crypto incubator, has played a key role in supporting the project.

The launch of Clout.me aligns with the ongoing meme coin frenzy, following Donald Trump’s token launch, which triggered a wave of speculative trading on social media-driven cryptocurrencies.

What is PASTERNAK?

To put it simply, PASTERNAK is a meme coin on the Clout.me blockchain, that was built by Ben Pasternak. The token was launched on Jan 23rd and its market capital skyrocketed all the way to $75 million before dropping down to $47 million.

The success of PASTERNAK set the stage for a new wave of influencer-backed meme coins, with investors eager to buy into the reputation of online personalities. Compared to other meme coins and crypto tokens, these influencer-meme coins have quite a unique approach. As a matter of fact they serve as a direct measure of an influencer’s perceived value in real-time.

PASTERNAK's launch was met with overwhelming demand, highlighting both the potential and challenges of Clout.me’s platform. Due to high traffic, technical issues temporarily stalled several other presales from crypto personalities like Imran Khan and Vine founder Rus Yusupov. Despite this, the hype surrounding PASTERNAK reinforced the idea that social tokens could reshape digital influence and monetization.

As the meme coin market continues to thrive, PASTERNAK stands as a proof of concept for Clout.me. In response to that, this proof has signaled the growing trend of financializing social media influence through blockchain technology.

Price Action of PASTERNAK on CoinEx

The price action of PASTERNAK on CoinEx shows a clear downward trajectory since its peak. Initially, the token experienced a strong rally, driven by hype around its launch on Clout.me and the broader int

erest in Social-Fi and influencer-backed meme coins. The initial bull trend was fueled by early adopters eager to capitalize on the novelty of the platform and speculation surrounding its potential to disrupt the social token landscape.

However, after the early highs, it went into a free-fall motion. This decline can be attributed to several fundamental and technical factors. On the fundamental side, investor sentiment may have shifted as the initial hype wore off, leading to sell pressure from those looking to secure profits.

Additionally, broader market conditions, liquidity constraints, and the platform’s technical difficulties with token launches could have contributed to diminished confidence.

From a technical perspective, the chart displays a classic pattern of early accumulation followed by a rapid decline, likely exacerbated by low trading volume and weak support levels. As the price continued to fall, minor consolidation phases appeared, suggesting brief periods where buyers attempted to stabilize the market.

However, without strong catalysts or renewed interest, the token struggled to recover, leading to a prolonged bearish trend. Despite the downtrend, the token is still a key player in the Social-Fi arena, and its price action reflects the speculative nature of influencer-backed cryptocurrencies. Future movements will likely depend on Clout.me’s ability to refine its platform, attract new influential users, and sustain long-term investor interest.

How to Buy PASTERNAK Safely

Register/Login on CoinEx: Sign up and verify your account.
Deposit: Transfer cryptocurrency or fiat currency to your CoinEx wallet.
Search: Use the search bar to find PASTERNAK token on the platform.
Place an Order: enter your preferred amount and confirm your purchase.

Conclusion

And that’s it! Ben Pasternak’s influence will likely have a close connection to this coin’s price action the same way Doge’s movements are highly connected to Elon’s insane tweets. That being said, it’s important to remember that meme coins are quite volatile. Therefore, ensure you’ve done enough research before investing any coin into such projects.

FAQ

What is PASTERNAK Coin?

PASTERNAK Coin is the first social token on Clout.me, linking influencer reputation to financial value through blockchain-based Social-Fi.

Why is PASTERNAK Coin declining in value?

PASTERNAK Coin's decline is due to profit-taking, diminishing hype, weak support levels, and overall market conditions affecting investor confidence.

Is PASTERNAK Coin a good investment?

PASTERNAK Coin is highly speculative, relying on influencer reputation and Social-Fi adoption, making it a high-risk, high-reward opportunity.

Where can I buy PASTERNAK Coin?

PASTERNAK Coin is available on CoinEx and may expand to other decentralized exchanges as Clout.me gains traction.

What affects PASTERNAK Coin's price?

Price depends on influencer engagement, market sentiment, Clout.me's success, liquidity, and broader trends in Social-Fi and meme coins.

PASTERNAK Token Overview

Name: Ben Pasternak (PASTERNAK)
Project Website: PASTERNAK website
Explorer: PASTERNAK on Sol
Contract address: Ey59PH7Z4BFU4HjyKnyMdWt5GGN76KazTAwQihoUXRnk
Total Supply: 1.00B
Category: MEME, Solana
Top 10 Holders %: 23%
Total Holders: over 10,000
X: Pasternak
Supported CEX: CoinEx, LBank, Hibt, Gate.io
Supported DEX: Raydium, Orca
Convenient for users to know on time: https://www.coinex.com/en/info/PASTERNAK

PS: The information in this article doesn’t constitute financial advice.

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PASTERNAK MEME COIN: First Ever Meme Coin on Clout