Odaily Planet Daily reports that Paid posted on X, stating that approximately $1.44 million has been distributed to X Money users.
According to GMGN data, today the market cap of PAID has continued to rise, briefly surpassing $44 million to set a new all-time high, with a 24-hour increase of over 350%, currently trading at $39.3 million.
It is reported that Paid is an automated fee distribution tool for token creators: project teams can import creator fees generated by Meme coins into Paid, where 80% is converted to USD and paid to designated X users via X Money, and 20% is used to repurchase and burn PAID tokens.
