Blum Launches 250 Million PAWS Token Trading Competitions

Blum Celebrates PAWS Token Listing with Massive Prize Pool

Blum has announced the official listing of the PAWS token ($PAWS), supported by Blum Labs and integrated with Telegram's MiniApp. To mark this significant development, Blum is launching a prize pool of 250 million PAWS tokens across three distinct trading competitions.

The Token Generation Event (TGE) for PAWS took place on April 16, alongside listings on both decentralized and centralized exchanges with support from established market makers. The PAWS token is now available for trading on major cryptocurrency exchanges including Bybit, Bitget, KuCoin, and MEXC.

Three Major Trading Events with 250 Million PAWS Tokens as Prizes

PAWS Trading Competition

The PAWS Trading Competition runs from April 16 at 00:00 UTC through April 30 at 23:59 UTC. Participants can trade PAWS using the Blum Trading bot to increase their cumulative trading volume and climb the competition leaderboard. Top-performing traders will receive PAWS token rewards based on their ranking.

PAWS Lightning Speed Award

Begun April 16 at 10:00 UTC, the Lightning Speed Award offers instant rewards to the first 500 users who trade at least $50 worth of PAWS using the Blum Trading Bot. This limited-time event concludes as soon as all 500 qualifying traders have been confirmed.

PAWS Community Challenge

Running alongside the main trading competition from April 16 to April 30, the Community Challenge invites users to share their PAWS trading experiences on X (formerly Twitter). Participants can post screenshots, videos, or memes showcasing their PAWS trading profits or general trading experience. To qualify, posts must tag both @blumcrypto and the official PAWS account (@GOTPAWSED).

How to Participate in the PAWS Trading Events

Users interested in participating in any of the three PAWS trading events should:

1. Ensure they have a Blum account
2. Access the Blum Trading bot through Telegram
3. Begin trading PAWS tokens on the platform
4. Monitor their performance on the leaderboard for the main trading competition
5. Share their trading experiences on X with appropriate tags for the Community Challenge

For traders looking to qualify for the Lightning Speed Award, quick action is essential as rewards are limited to the first 500 qualifying participants.

Multi-Exchange Availability

The PAWS token became available on major cryptocurrency exchanges including Bybit, Bitget, KuCoin, and MEXC starting at approximately 11:00 UTC on April 16. This wide availability across popular trading platforms provides multiple entry points for traders interested in participating in the PAWS ecosystem and competing for prizes in the trading competitions.

PAWS Token: Expanding Beyond Telegram

As users engage with these trading competitions, they'll be participating in a project that's rapidly growing beyond its Telegram origins. PAWS has shown remarkable growth as a Telegram-based application. According to Vlad Smerkis, co-founder of Blum, the project has "demonstrated one of the fastest growth trajectories among Telegram-based apps," quickly gaining popularity within both the Telegram ecosystem and the Solana blockchain community.

The PAWS team has already announced plans for multi-chain expansion, with integration into BNB Chain on the roadmap. This cross-chain approach will allow users to engage with PAWS across multiple blockchain ecosystems.

"The vision behind PAWS is truly ambitious, and we're closely following its journey," said Smerkis. "We're excited to offer our users the opportunity to earn $PAWS through trading competitions."

For more information about PAWS, users can visit the official website at paws.community or follow the project on X at @GOTPAWSED. Information about Blum is available at Blum.io, with additional content on X, Telegram, and YouTube.

About Blum and PAWS

Blum operates as a decentralized trading application that provides access to tokens from both centralized and decentralized exchanges. The platform also offers simplified derivatives trading, all accessible through a Telegram MiniApp. Blum has organically onboarded over 85 million users, establishing itself as the #1 Telegram MiniApp.

PAWS describes itself as an "IP-crypto brand" with over 80 million users. The project aims to create what it calls "the greatest onboarding funnel in web3 history" and build the largest "diamond paws" community – a play on the crypto term "diamond hands" used to describe holders who maintain their positions despite market volatility.

Conclusion: PAWS Positions for Growth Through Community Engagement

With 250 million PAWS tokens allocated for these trading competitions, the project demonstrates a significant commitment to building liquidity and community engagement following its token launch. The multi-pronged approach—combining competitive trading, quick participation rewards, and social media engagement—creates multiple avenues for user participation in the PAWS ecosystem.

As the PAWS token trading competitions progress through the end of April, the initiative represents a strategic move to establish PAWS as a cross-chain digital asset with strong community support. Through Blum's Telegram-based trading platform and multiple exchange listings, PAWS has created a comprehensive foundation for token adoption and trading activity that extends beyond the initial listing excitement.