Paid pays out $1.54M via X Money as PAID token jumps 350%
- —About $1.536 million paid out via X Money from $2.895 million in collected fees
- —20% of fees fund PAID buybacks and burns; 36.37 million tokens burned for $550,000
- —PAID market cap at $41.3 million, up about 350% in 24 hours
- —Top recipient is the Elon Coin account at $110,800; Nikita Bier received $39,900
Why it matters: The scheme monetizes public figures' names without consent and could draw regulatory scrutiny to the meme coin and X Money link.
Source: 動區 BlockTempo