PAID, a token on Solana, fell 47% over the past 24 hours, according to GMGN data cited by BlockBeats, leaving its market capitalization at $13.6 million. The token’s 24-hour trading volume stood at $21.8 million. The move came after Paid paused X Money payments a day earlier.
Paid said today that its claim portal on the announcement webpage is now live. Eligible users can claim new fees, with distributions based on the quote asset tied to those fees, which in most cases will be SOL. The team also said more claim methods will be introduced later, including through direct messages or by tagging the official account in posts.
X Money payments remain suspended, and no timeline for resumption was provided. Paid added that users’ historical balances will be kept separately, with a dedicated claim solution now in development for those funds. The team said it hopes to restore X Money payments in the future. BlockBeats warned that the token has seen sharp price swings and said investors should remain cautious.
PAID, a token on Solana, fell 47% over the past 24 hours, nearly halving in value, according to GMGN data cited by BlockBeats on Sept. 29. Its market capitalization was reported at $13.6 million, while 24-hour trading volume reached $21.8 million.
Paid had paused X Money payments a day earlier. On Sept. 29, the team said the claim portal on its announcement webpage had gone live, allowing eligible users to claim new fees. Those assets will be distributed based on the quote asset corresponding to the fee, which in most cases will be SOL.
The project said more claim channels will be added later, including via direct messages or by tagging the official account in posts. X Money payments remain suspended, and the team said a recovery time will be announced separately.
As for users’ historical balances, the team said those funds will be preserved separately. It is now developing a standalone claim plan for that portion and said it hopes to restore X Money payments in the future.
BlockBeats also warned users that the token has been seeing sharp price volatility and said investors should stay cautious.
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