PAIR, the protocol token of pair.fund's permissionless multi-pool real-world asset token-launch platform on Robinhood Chain, reached a market capitalization of $51.61 million after rising 494.1% in 24 hours, according to GMGN data. The platform later announced on X that cumulative PAIR burns had exceeded $5 million, compared with earlier official data showing 101,813,278.68 PAIR burned, worth about $3.57 million at the stated price and equal to approximately 10.2% of total supply. About 90% of protocol-level fees are used for PAIR buybacks and burns. PAIR has also reported nearly $100 million in cumulative trading volume, more than $600,000 in creator rewards and over 2,000 launched projects. The platform said the burns support development of its deflationary ecosystem, while Odaily cautioned that meme coin prices are highly volatile.