$PAWS Deposits Start on CEXs, Bybit Users Confirm Drops

Written By:
Iyiola Adrian

Reviewed By:
Jahnu Jagtap

$Paws Deposits Start On Cexs, Bybit Users Confirm Drops

Some users on X have confirmed that $PAWS has started making deposits to centralized exchange (CEX) platforms ahead of its much-awaited launch.

Some users, especially those on Bybit, have reported receiving extra tokens, while others say they didn’t receive any tokens, even though they were supposed to be eligible.

X User Confirms $Paws Deposits On Bybit
X User Confirms $PAWS Deposits on Bybit | Source: X

The token launch for PAWS has been delayed a few times, but now it’s finally happening. The official airdrop and token launch is set for April 16, 2025. 

However, some users have started seeing tokens appear in their exchange wallets just a day before the date. 

Some people posted online that their balances looked way too high. One user said, “I’m sending 5k am, received 6k bonus.” Another user said, “We are patiently waiting for bybit.”

The airdrop is meant to reward users of the PAWS Telegram mini-app, which has over 85 million users and 50 million active monthly users. The project moved to the Solana blockchain to scale better and stay decentralized. The airdrop will give away 50 billion tokens to users who were active on the app.

PAWS has announced that 62.5% of the total token supply will go to users. Users were able to check if they were eligible starting April 10, and those who were could start claiming their tokens on April 11. Some of the tokens started showing up on exchanges like Bybit and KuCoin on April 12.

The initial price is expected to be between $0.007 and $0.008, though some community members think it could go higher. However, there’s still no confirmed price from the team. Analysts have suggested that if the token gets listed on more platforms, it could rise between $0.012 and $0.015.

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Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions. He is proficient in SEO optimization.
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Jahnu Jagtap, a crypto enthusiast since 2020. Loves to guide others to understand blockchains, crypto currencies, NFTs, Metaverse and everything in Web3. He is passionate about his work and never stops his research on crypto.