PawSwap (PAW) Market Cap Soars After Recent Manifold Listings: Details
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.
The official PawSwap dex Twitter account (@PawShibarium) has addressed its followers to boast about the recent milestones achieved after multiple consecutive listings of its PAW token on a dozen exchanges. Some of them are on the top 25 list, according to CoinMarketCap ratings.
PAW market cap spikes massively
@PawShibarium tweeted that after eight most recent listings, the native PAW token jumped by over $14 million in 24-hour trading volume, gaining more than 6,000 holders in total. PAW's market cap spiked to over $100 million.
The person behind the account gave credit for this to the PAW and SHIB communities, stating: "YOU built this, YOU grew this, YOU made this possible. This is only the beginning, the work continues."
To the $PAW family: Congratulations on EIGHT exchange listings, $14 mil+ in 24-hour volume, 6,000+ holders and $100 mil+ in market cap. YOU built this, YOU grew this, YOU made this possible. This is only the beginning, the work continues.
— Pawswap - The Shibarium DEX (@PawShibarium) March 3, 2023
PawSwap will be the first multi-chain decentralized crypto exchange that will function on Shibarium after this Layer-2 solution for the SHIB network launches. Over the past week, the price of PAW demonstrated staggering growth several times, after being listed first on Gate.io, then LBank, Bitrue and MEXC.
The price jumped by 90% and even roughly by 135% — the latter was noticed after the South Korean trading giant Gate.io announced the PAW listing. On March 2, PAW was also listed on the Canadian exchange Biconomy.
PAW fan @PawInformer published a list of exchanges that have recently added support for PAW, it includes 12 platforms in total.
Yuri MolchanFake PAW account spotted, PAW is no rival to SHIB
SHIB-fan account SHIBARMY CANADA (@Dezaxe) has spread the word that he had come across a Twitter handle that pretends to be the official PawSwap dex account.
The fake PAW account has announced a fake airdrop of meme tokens. @Dezaxe says that users can lose all their crypto if they connect their wallets to their website. He also urged the SHIB community to block and report this scam account.
#PAW Community another fake account just popped up @PawShibarlum
— SHIBARMY CANADA (@Dezaxe) March 4, 2023
He pretends to be the official account of PawShibarium and announces a fake airdrop, if you connect your wallet to their site you will lose everything
Please report for impersonation and block @PawShibarlum ☠️ pic.twitter.com/m5gHRlsfsu
The aforementioned SHIB enthusiast also reminded the Shiba Inu community that the PAW token is by no means a rival to Shiba Inu, and PawSwap dex does not threaten ShibaSwap.
According to the tweet, several SHIB Telegram moderators have begun a "campaign of hatred and lies" regarding PAW.
@Dezaxe stated that the SHIB community has "nothing but love for SHIB and SHIBARIUM," urging them to stop playing "frustrated children."
Related articles
Tomiwabold Olajide
Dan Burgin
Alex Dovbnya
Vladislav Sopov