PAWS PAWS Price

What is PAWS (PAWS)?

PAWS ($PAWS) is a Solana-based memecoin and SocialFi token launched on April 16, 2025, evolving from Telegram’s top mini-app with over 85 million users, including 50 million monthly active participants, into a decentralized Web3 brand. Built on Solana’s high-speed, low-cost blockchain, $PAWS incentivizes social engagement through a rewards system where users earn tokens by joining groups, inviting friends, and completing tasks. The project aims to bridge mainstream audiences with blockchain, driving retail adoption through a community-first model.

The $PAWS ecosystem emphasizes fair distribution, with 62.5% of its 100 billion token supply allocated to users, 7.5% for Solana OG communities, and no venture capital unlocks to prevent liquidity drains. Its Token Generation Event (TGE) was one of the largest fair launches in crypto, listed on exchanges like Bybit, MEXC, KuCoin, and Bitget. The token supports DeFi utilities like staking, liquidity provision, and potential gamification, with an ambitious roadmap to expand its “Diamond Paws” economy across chains and integrate comprehensive intellectual property (IP) for long-term holder incentives.

However, the launch faced significant challenges. A botched Bybit airdrop on April 15, 2025, led to incorrect or missing token distributions, prompting a reversal and redistribution, with EEA users excluded due to MiCA regulations. Community frustration was compounded by unclear eligibility criteria and liquidity issues, with some X posts alleging the team failed to add initial liquidity, though the team clarified efforts for “fair & transparent distribution.” Despite these hiccups, $PAWS has maintained community support, with its Telegram mini-app driving engagement and plans for cross-chain expansion via bridges like Wormhole. Challenges include sustaining momentum post-launch, addressing scam concerns (prompting team warnings), and competing in the memecoin market. The vision is to create a sustainable Web3 social ecosystem, prioritizing adoption over speculation.

What is unique about PAWS (PAWS)?

PAWS stands out for its massive 85M+ user base from Telegram, making it a leading Web3 social movement. Built on Solana, $PAWS rewards social engagement, offers a fair launch with 62.5% user allocation, and plans cross-chain DeFi and gamification, blending memecoin appeal with sustainable adoption.

Who are the founders of PAWS (PAWS)?

The founders of PAWS are Anonymous, as no specific individuals are named in available sources. The project is led by a decentralized team, with some X posts speculating involvement from Blum Labs due to similarities with $DOGS, though unconfirmed.

Who are the backers/investors of PAWS (PAWS)?

No specific backers or investors are disclosed. PAWS relies on community-driven funding through airdrops and token sales, with support from exchanges like Bybit, MEXC, and KuCoin. X posts suggest significant community investment, but no institutional backing is documented.

Where can I buy PAWS (PAWS)?

 MEXC, Bybit, KuCoin, BitrueCoinEx