The token has gained by 718% in the past week.
Pawswap token (PAW), the native token of the decentralized exchange Pawswap, has secured listings from five centralized exchanges in less than five days, garring massive attention. These listings have occurred ahead of the imminent launch of Shibarium.
The impressive achievement was called to attention by Dezaxe, a Canadian-based Shiba Inu influencer and Pawswap ambassador. The exchanges in question include Gate.io, BitKan, LBank, XT.com, and Bitget.
In less than 15 days, $PAW got listed on 5 CEX@gate_io @bitgetglobal @LBank_Exchange @XTexchange @BitKanOfficial and there will be more to come 💯$PAW Is also available on https://t.co/bk0SkMc9Ar
Twitter: @PawShibarium pic.twitter.com/D3AvEDEVo0
— SHIBARMY CANADA (@Dezaxe) February 28, 2023
Three of these exchanges declared support for PAW on the same day. Chinese exchange aggregator BitKan announced that it had listed the token yesterday at 6 AM (UTC). Barely two hours later, leading Hong Kong-based exchange LBank disclosed that it would also be listing the asset. In addition, at 9:29 (UTC), Singapore-based crypto trading platform Bitget revealed that it would open trading for PAW/USDT along with LEASH/USDT at 12 PM. The exchange further introduced a giveaway to commemorate the development.
🆕 #BitgetSpotNewListing #Bitget will list $LEASH/USDT and $PAW/USDT trading pair on Feb 27th in #Innovation Zone and #SHIB Zone. @Shibtoken @PawShibarium
🎁 A total $100 #giveaway for 10 members! Just simply RT + TAG 3 friends.
More details: https://t.co/zj1rEQo1oe pic.twitter.com/9fTmG409QR
— Bitget (@bitgetglobal) February 27, 2023
Notably, Gate.io announced its support for PAW alongside a free PAW airdrop last Friday. The exchange noted that it plans to give away 6.3 trillion PAW tokens worth $30,000 at the time.
https://t.co/a1d9vDe5GZ #Startup Free Offering: $PAW @PawShibarium
🗓️ Subscription: 06:00 AM, Feb 24-Feb 25 (UTC)
💰Airdrop Value: $30,000
Join NOW: https://t.co/LwFiahIDeC#gateiostartup #Gateio #Launchpad pic.twitter.com/gvQmD0fL43
— Gate Startup (@Gateio_Startup) February 24, 2023
As previously highlighted, the Pawswap token is the native token of Pawswap, a decentralized exchange set to launch on the upcoming Shiba Inu layer-2 network Shibarium. The team behind the exchange claim that the project’s goal is to innovate on Shibarium and introduce an “extra layer of scalability and security.”
Despite the project’s plans to launch on Shibarium, Shiba Inu lead developer Shytoshi Kusama has denied links to the exchange and the PAW token, advising community members to be careful. Notwithstanding, he noted that he is not necessarily saying the project is fake.
Besides the listings, the Pawswap token has seen a massive surge in value since last week. Its current value of $0.00000002974 marks a 713% increase from the price of $0.000000003434 seen on Feb. 21. The token has also exceeded 4,000 holders as of press time.