PAID transaction fees automatically distributed, driving the token's market value to exceed 40 million USD, with a 24-hour increase of over 360%

PAID Official Announcement: Currently, the token creator fee automatic distribution tool has successfully distributed 1.44 million dollars to Xmoney users. Paid previously launched the token issuance feature on Pons on the 19th. The official statement claims that 80% of the fees will be sent to X users via X Money, while 20% will be converted to SOL for repurchasing PAID tokens. Issuers can send fees through X Money by adding their X Handle in the project text description. Additionally, celebrities on X can receive fund distributions through X Money without needing to register for Paid or give consent.

According to market news, the market capitalization of PAID on Solana has now surpassed 40 million dollars, with a 24-hour increase of over 360%, and a trading volume of 32.8 million dollars during the same period. Furthermore, on-chain data shows that Frank DeGods, the founder of DeGods, bought PAID approximately four days ago, investing around 145,000 to 169,000 dollars and holding tens of millions of tokens. The price of related tokens is highly volatile, and investment should be approached with caution.