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.