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HomeCrypto NewsMarketPawswap (PAW) Listed on Five Major Exchanges Ahead of Shibarium Launch

Pawswap (PAW) Listed on Five Major Exchanges Ahead of Shibarium Launch

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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.

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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.

 

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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.

 

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.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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