Paid distributes $1.44 million as PAID market cap tops $44 million

  • Paid distributed about $1.44 million to X Money users.
  • PAID’s market capitalization briefly exceeded $44 million, while 24-hour gains surpassed 350%.
  • Paid allocates 80% of creator fees to X Money and 20% to PAID buybacks and burns.

Paid said it has distributed about $1.44 million to X Money users. GMGN data showed PAID’s market capitalization briefly exceeded $44 million during the day, setting another record, before standing at $39.3 million, while its 24-hour gain surpassed 350%. Paid is a tool that automatically distributes creator fees generated by projects’ Meme coins: 80% is converted into dollars and paid through X Money to designated X users, while 20% is used to buy back and burn PAID tokens.

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