This Meme Coin Quietly Raised! What’s going on?

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shiba inu one of the most important coins of the ecosystem PawSwap (PAW) attracted attention with the rise it achieved today. While the meme coin was trading at $ 0.00000004266, it suddenly went up to $ 0.00000005343 and experienced a 25% increase.

This bullish trend achieved by PawSwap could be a strategic trend towards the growth of both Shiba Inu and the Ethereum protocol on which they both depend.

PawSwap (PAW) will be the native token of the first multi-chain decentralized trading place to be built on Shibarium at launch. While PAW is overshadowed by the interest around the Shiba Inu and Shibarium protocol, its support and listing by various crypto trading firms is also one of the reasons behind the growth it is currently tracking.

in April biconomyWhile adding support to the PAW/USDT trading pair, the same pair also went live on Bitrue.

PAW support can be considered direct support for Shibarium, and besides these two trading platforms, other exchanges also support PAW, including MEXC Global and BitGet. Meme coin also received support from Now Wallet, which is among the top infrastructure service providers in the digital currency ecosystem.

PAW and SHIB ecosystem

Koinfinans.com As we reported, the support of PAW by different exchanges and wallet service providers demonstrates confidence in PAW and the wider future of the Shiba Inu meme coin protocol.

Gaining greater reach where PAW can be traded expands the meme coin’s user base and creates the right liquidity that can help embrace it everywhere. PAW is hugely important to the Shiba Inu ecosystem, but its price currently does not reflect that baseline, meaning there is more room for growth.

You can follow the current price action here.


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