PAID and e/acc on Solana Both Surge, Market Cap Hits New All-Time High

Odaily reports: According to GMGN data, PAID on Solana has seen its market cap continue to climb past $50 million, hitting a new all-time high, with a 24H gain of over 410%, currently at $47.5 million.

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

In addition, the market cap of Solana-based Meme coin e/acc also briefly broke past $29 million, hitting a new all-time high, with a 24H gain of over 990x, currently at $23.2 million.

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