PAID Token Soars 136% in 24 Hours, Surpassing $21 Million Market Cap
PAID's market capitalization surpassed $21 million after the Solana-based token gained over 136% in 24 hours. As of September 25th at 9:06 p.m. ET, PAID reached a value of approximately $21.5 million. This significant increase in value comes from UsePaid, a tool that distributes creator fees generated by meme coins.
UsePaid automatically directs the allocations toward dollar payments and token burns. Of the total creator fees, 80% is converted to dollars through X Money, while the remaining 20% is used to buy back and burn PAID tokens.