Main navigation

PAW on Binance Soon? Community Left Guessing After CZ's Recent Tweet

Mon, 03/06/2023 - 15:18
article image
Yuri Molchan
PawSwap community may be led to believe that PAW is going to be listed on Binance and burn 4 zeros
PAW on Binance Soon? Community Left Guessing After CZ's Recent Tweet
Cover image via

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

A recent tweet published by head of Binance Changpeng Zhao (widely known in the crypto community as CZ) has sparked a heated discussion in the community of the recently launched meme token PAW (the native coin of the PawSwap dex that intends to be running on Shibarium).

Some in the PAW community might have interpreted CZ’s tweet as a hint at a coming PAW price surge. In the meantime, a tweet posted by Binance earlier was interpreted as a hint that PAW support could be added by the leading crypto exchange soon.

The tweet contains a photo of a dog wearing a Binance-themed hat. It says "added a Binance hat to his paw-tfolio." It was the "paw-tfolio" part that got the PAW community excited.

"Remember 4," CZ tweets

Two major SHIB enthusiasts, @SamuraiShiba and @Dezaxe, responded to CZ's tweet, in which he wrote "remember 4."

@SamuraiShiba jokingly suggested that CZ has started on a mission to help PAW lose four zeros, tagging PawSwap DEX.

@Dezaxe posted a logo of the PAW (a dog's paw) with four toes, adding "4 the people, by the people."

PAW was launched on Feb. 6 and has already been listed on 10 crypto exchanges over the past few weeks. These include several top-25 exchanges, such as, MEXC, LBank, etc. The coin's market cap is approaching $100 million. The current price of the token is $0.00000008704, according to CoinMarketCap.

The PawSwap multi-chain DEX is expected to be launched on Shibarium in Q3 this year or Q1 of 2024.

As for CZ's tweet, its actual meaning so far remains a mystery and has not been clarified by its author.

Shiba Inu's BONE Price Presents This Recovery Scenario, Here's What It Is

PawSwap announces PAWBURN coming next week

Earlier today, PawSwap, the PAW issuer, posted a tweet, which announced PAWBURN coming soon. Further, the Twitter post stressed that the community should "expect some amazing things next week."

A screenshot shared by a SHIB enthusiast showed that next Monday, a website will be launched that will allow users to track PAW burns.

The overall supply of PAW stands at one quadrillion. Similarly to other meme coins like SHIB, BabyDoge, etc., and not only meme crypto, PawSwap developers will, apparently, begin locking PAW in unspendable wallets, i.e., "burn" them. This will help to reduce the circulating supply, make the token more scarce and in theory push its price up if a lot of tokens get burned.

article image
About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at