The PAW token of the PawZone ecosystem, known as Pawswap, has been gaining traction among crypto exchanges due to its increasing popularity.
Today, Binance revealed their enthusiasm for PAW in a tweet that featured an image of a dog accessorized with a Binance cap. The leading crypto exchange captioned the pic as “added a Binance hat to his paw-tfolio.”
The tweet was met with much joy from the members of the PawZone group, as anticipated. People take it to mean that Binance may be added to the list of leading cryptocurrency exchanges offering PAW.
Nevertheless, the world’s most significant exchange failed to make any further remarks that might hint at any long-term intentions to feature the token.
PawZone has been the subject of much attention in the cryptocurrency industry recently, with five exchanges expressing their interest by declaring support for the PAW token. BitKan, LBank, Bitget Gate.io, and XT.com have all opened up trading for their users with the PAW token.
It is worth mentioning that PAW is the native token of Pawswap, a decentralized exchange that intends to be available on the forthcoming Shibarium, which is a layer 2 network based on Shiba Inu. Although the team plans to make Pawswap accessible via Shibarium, lead developer Shytoshi Kusama has denied having any affiliation with the cryptocurrency venture.
Shiba Inu fans have remained unconcerned by Kusama’s remark and are still connecting Pawswap with the upcoming Shibarium, as evidenced by Binance’s recent tweet above.
The increasing demand for PAW has caused its value to skyrocket in recent days. Data from Coingecko indicates that the token’s price has risen by 1250% in the last week. At the time of writing, PAW is trading at $0.000000078479, which is an increase of 150.3% on a daily basis.
