Everything We Know About the $PAWS Token

PAWS, a community-driven meme coin on the Solana blockchain, has generated significant buzz ahead of its highly anticipated Token Generation Event (TGE). While the team has not provided a specific date, the crypto space patiently awaits the token’s listing and subsequent airdrop distribution. 

For context, the token’s launchpool went live on Bybit, running from March 12 until March 17, hinting at a possible listing shortly. Fast forward to the time of writing, $PAWS is not live on Bybit or any exchange just yet. 

In light of this, we wanted to explore the key aspects of the $PAWS tokenomics, its challenges, and what investors can expect as we enter the second quarter of 2025.

$PAWS: A Community-Driven Meme Coin on Solana

$PAWS entered the Web3 industry as a popular Telegram mini-app before migrating to the Solana blockchain in early 2025 due to Telegram's TON blockchain policy changes. The move, which aligns with its multichain strategy, saw the application record over 9 million downloads via the Phantom wallet. 

Following its integration with Solana, the project positioned itself as a community token, aiming to emulate the success of other Solana-based meme coins like $WIF and $PENGU. These OG memecoins hit market capitalizations of $470 million and $400 million, respectively, in 2024. With a strong focus on community engagement, $PAWS has already garnered pre-launch support and partnerships within the Solana ecosystem.

Users qualified for the $PAWS airdrop launched on March 18, 2025, by engaging with the PAWS Telegram mini-app or holding Solana assets such as Mad Lads NFTs, $WIF, or $BONK. The airdrop checker went live on March 10, 2025, enabling users to verify eligibility. After that, however, the token’s listing was postponed on some exchanges, including KuCoin. 

$PAWS Tokenomics: A Breakdown of Token Distribution

$PAWS has a total supply of 100 billion tokens, with its tokenomics designed to prioritize community engagement. According to Coinrank and a recent analysis by Mr. Satoshik on X, the token distribution is as follows:

The 62.5% allocation for current and future airdrops signals a strong commitment to rewarding active users and holders. However, the exact split between current and future airdrops remains unclear, creating some uncertainty. 

The 10% allocation for the team lacks vesting details, raising questions about potential selling pressure if tokens are unlocked early. Community feedback on X also highlighted concerns, with one user noting a 3% fee for claiming tokens on centralized exchanges, reducing the effective community allocation to 9.5% from the initial 12.5%.

Future Plans for $PAWS: Staking, NFTs, and DeFAI Products

Per Mr Satoshik’s post, PAWS’ future features several initiatives to enhance its ecosystem:

• Community Engagement: Challenges, competitions, and activities to boost participation.
• Staking and Liquidity Pools: Adding staking options to incentivize holding and provide liquidity.
• NFT Launch: Introducing NFTs to expand utility and engagement.
• Ecosystem Grants: Supporting developers to build on the $PAWS ecosystem.
• DeFAI Products: Developing DeFi and AI-integrated solutions.
• Strategic Partnerships: Collaborating with leading Solana projects like Meteora, Jito, Blum, Phantom, $WIF, $PENGU, and $DUDE.

According the tweet, the PAWS team also claims support from the Solana Foundation, aligning with Solana’s broader push for memecoin projects in 2025. 

Market Sentiment: Opportunities and Risks for $PAWS

Positive Factors

According to industry analysts, $PAWS benefits from several strengths:

• Strong Solana community support, particularly for meme coins.
• Pre-launch backing from users and partnerships with major Solana projects.
• Confirmed listings on exchanges like Bybit, Bitget, and KuCoin, with speculation about OKX and Binance.

Negative Factors

As with every newly launched airdropped asset, challenges remain:

• A bearish market in early 2025, with reduced trading volumes on Solana. 
• Potential selling pressure at TGE, as many users may offload tokens immediately.

$PAWS Price Analysis and Market Predictions

At the pre-market stage, $PAWS was priced at $0.0005 on Bybit and Bitget, with a market capitalization of $50 million. Mr. Satoshik outlined three scenarios for its post-TGE performance:

• Ideal Scenario: Market cap of $300 million at $0.003 per token.
• Normal Scenario: Market cap of $100 million at $0.001 per token.
• Bad Scenario: Market cap of $50 million at $0.0005 per token.

It is worth mentioning that these prices are mere speculations, as the team has not confirmed the listing price. IOUs and pre-market prices are usually far off the listing price. A notable example is the PI network, which saw IOU listings as high as $60 before listing at $2.5. Nonetheless, the general sentiment is that $PAWS will be between the $100-$300M market capitalization range due to the poor market conditions. 

In the meantime, other exchanges, including Bitget and KuCoin, published official announcements about the memecoin’s listing, which is a significant positive for attracting investors. 

Conclusion: When will $PAWS List?

PAWS focus on airdrops, staking, and partnerships, positioning it well for growth, but challenges like market conditions and potential selling pressure at TGE cannot be ignored. While its pre-market price of $0.0005 suggests room for growth, investors should closely monitor exchange listings and community sentiment. 

For the time of listing, users need to stay in touch with the protocol’s social handles for the big news when it eventually arrives. However, questions about the team’s postponement of the listing remain a constant theme within its community.