Pawswap (PAW) Token Surges over 700% Amid Multiple Exchange Listings

• These listings come just before Shibarium’s impending release.
• Shytoshi Kusama has denied any connection between Shibarium and the PAW token.

The decentralized exchange Pawswap’s native token, PAW, has received a lot of attention after it was listed on five major exchanges in less than five days. These listings come just before Shibarium’s impending release.

Dezaxe, a Shiba Inu influencer and Pawswap ambassador from Canada, brought notice to the outstanding accomplishment. BitKan, LBank, XT.com, Bitget, and Gate.io are among the aforementioned exchanges.

Free Airdrop and Takeaways

A day apart, three of these crypto exchanges announced their support for PAW. It was revealed yesterday at 6 AM (UTC) that the coin has been listed on the Chinese exchange aggregator BitKan. About two hours later, a major Hong Kong exchange, LBank, announced that it, too, would be listing the asset.

Furthermore, Bitget, a Singapore-based cryptocurrency exchange, said at 9:29 (UTC) that it would begin trading in PAW/USDT and LEASH/USDT at 12 PM. To further mark the occasion, participants in the exchange presented a freebie.

On Friday, Gate.io made headlines by announcing its support for PAW and a free PAW airdrop. The exchange said that it would distribute 6.3 trillion PAW tokens, with a value of $30,000 at that time.

As was previously mentioned, Pawswap is a decentralized exchange that will operate on the next Shiba Inu layer-2 network Shibarium, and its native token is the Pawswap token. The team behind the exchange states that improving scalability and security in Shibarium is a primary objective.

Even though the project is supposed to debut on Shibarium, the principal developer, Shytoshi Kusama, has denied any connection between Shibarium and the PAW token.

Nonetheless, he stressed that he is not implying that the enterprise is fraudulent. From its February 21st value of $0.000000003434, its price has increased 713% to its current level of $0.00000002974. Furthermore, there are already more than 4,000 people who own the token.