Meme coin PAID on Solana briefly surpassed $20 million in market cap, with a 24H gain of over 990x

Odaily News: According to GMGN data, the market cap of Meme coin PAID on Solana briefly surpassed $20 million, with a 24H gain of over 990x, and has now fallen back to $13.4 million.

It is reported that UsePaid is an automatic fee-splitting tool for token creators' fees: project teams can import the creator fees generated by Meme coins into UsePaid, where 80% is converted to USD and paid to designated X users via X Money, while 20% is used to buy back and burn $PAID.

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.