PAID market capitalization surpassing 50000000 USD, with the official statement saying that automatic fee revenue-sharing had been distributed to X Money users 1440000 USD
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AT A GLANCE
PAID market capitalization surpassing 50000000 USD，24 with hourly gains exceeding 410%, with the official statement saying that funds had been distributed to X Money users 1440000 USD。
Article
The Paid automatic fee revenue-sharing narrative continues to gain traction,PAID market capitalization surpassing 50000000 USD，24 with hourly gains exceeding 410%BlockBeats news,September 26, according to GMGN market data,Solana on PAID has now surpassed 50000000 USD，24 with hourly gains exceeding 410%, while trading volume during the same period was 54200000 USD.
Paid previously launched its token issuance feature on Pons on 19. The official statement said that 80%in fees would be sent to X users via X Money, while 20%would be converted into SOL for the repurchase of PAID tokens. Issuers can add an X Handle to the project text description and send fees through X Money. In addition, celebrities on X could receive fund distributions through X Money without even registering with Paid or providing consent. Some celebrities even joked that their X Money accounts had been subjected to DDOS attacks, as they frequently received notifications that fee shares had been credited.
Today,PAID officially announced that its token creator automatic fee revenue-sharing tool had successfully distributed X Money to 1440000 USD.
BlockBeats reminds users that the prices of the relevant tokens are highly volatile and that investment should be approached with caution.
Original link https://m.theblockbeats.info/flash/369107
Key points
01
September 26, with BlockBeats citing GMGN market data to report that PAID on Solana surpassed 50000000 USD。
02
according to the report,PAID’s 24 hourly gains exceeded 410%, while trading volume during the same period was 54200000 USD。
03
Paid previously launched its token issuance feature on Pons on 19.
04
Paid officially stated that 80%’s fees would be sent via X Money to X users, 20%would be converted into SOL and used to repurchase PAID tokens.
05
Paid’s official announcement stated that the token creator automatic fee revenue-sharing tool had distributed funds to X Money users 1440000 USD。
06
BlockBeats reminds users that the prices of the relevant tokens are highly volatile and that investment should be approached with caution.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news describes a fee distribution mechanism: after an issuer adds an X Handle to the project text, fees can be sent through X Money; the official statement says that 80%is distributed to X users, 20%is converted into SOL to repurchase PAID. At the same time, the report shows that PAID’s market capitalization, 24 hourly gains, and trading volume are all at relatively high levels.
Why it matters to readers
PAID within 24 hours, while gains exceeded 410%, and the report disclosed 54200000 USD in trading volume and 1440000 USD in distributed funds. As a result, the token and its fee revenue-sharing mechanism attracted considerable attention; however, the sharp rise also indicates that price volatility risks warrant attention.
For beginners, “market capitalization” can be understood as the overall market valuation of a token, while “trading volume” refers to the amount traded over a period of time. “Repurchase” means using funds to buy tokens. The market data and distributed-fund amount in the article respectively come from GMGN market data and PAID the official statement; these figures alone cannot be used to determine subsequent trends.
Risks and unknowns
The original article did not provide PAID a direct link to the official announcement, and 1440000 USD the distributed-fund amount lacks independent verification materials.
The original article did not provide on-chain records, so the actual recipients of the fees and the flow of funds cannot be confirmed.
Related Developments
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80%The mechanism of distributing 20%converting funds into SOL and repurchasing PAID comes from the official statement; the original article does not establish that it is being executed continuously.
PAID Within 24 hours, gains exceeded 410%, and BlockBeats has warned that the prices of the relevant tokens are highly volatile.
The original article does not explain whether the current gains and trading volume can be sustained.
Related concepts
Market Capitalization
A metric for the total value of currently tradable tokens calculated at current prices.
Synonymous with trading volume, referring to the number of asset units traded within a given period; it may also be expressed by the traded asset or the quote currency.
