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PawZone (PAW) Price Soars 5,000% Hours After Launch, Other Milestones Reached Too

Mon, 03/27/2023 - 15:27
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Yuri Molchan
This Shiba Inu-based project has finally launched, its PAW token jumped by whopping 5,000 percent
PawZone (PAW) Price Soars 5,000% Hours After Launch, Other Milestones Reached Too
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PawZone is a Shibarium-based NFT marketplace that took roughly a year to build and it has finally been launched, according to a recently published Medium article. Since then, a recent tweet from the official handle says, the price of the project’s native token PAW has soared by 5,000 percent, the market cap jumped over $30 million and the locked liquidity has gone well over $3 million.

On March 26, the PAW trading was launched on the ShibaSwap dex.

It should be noted that this is not the only meme coin trading under this ticker. Before PawZone launched, a native PAW token was launched by PawSwap decentralized multi-chain exchange that intends to connect with Shibarium and build on it.

The founder of PawZone, JD, stated earlier this year that he had announced the PAW ticker more than a year ago when he and his team began building the NFT marketplace. He claims that the creators of PawSwap stole the ticker that was already well-promoted on Crypto Twitter to “steal the fire” that their PAW already had.

At the time of this writing, PawZone’s PAW is changing hands at $0.0000429 with a market capitalization of $21,638,692. That is after a plunge of over 23 percent in the past 24 hours. The token is ranked 2,611 on CoinMarketCap.

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PawSwap’s PAW is trading at $0.00000003634, it is ranked 2,652 on the same platform, and its market cap stands at $35,969,373. This meme token was launched in February and since then it has been listed on at least 10 large crypto exchanges, many of which are on the top 30 list.

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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 yuri.molchan@u.today.