Paid Token Surges 410% as Market Capitalization Tops $50 Million
Paid’s creator-fee tool has distributed $1.44 million to X Money users, while trading volume reached $54.2 million over 24 hours.
Paid (PAID) rose more than 410% in 24 hours, lifting the Solana-based token’s market capitalization above $50 million as attention focused on its automatic creator-fee distribution system.
The token generated $54.2 million in trading volume during the same period. The move followed Paid’s Sept. 19 launch of a token-issuance feature on Pons, where project creators can add an X handle to their descriptions and distribute fees through X Money.
Paid’s fee structure sends 80% of collected fees to X Money users and converts the remaining 20% into SOL for PAID buybacks. X users can receive distributions without registering for Paid or approving the payments.
Paid announced that its creator-fee distribution tool has now delivered $1.44 million to X Money users. Some recipients have joked publicly about receiving frequent payment notifications.
The move shows how new distribution mechanisms can shape market narratives around smaller crypto assets.
