MyShell Token Price Surges 34% to Reach All-Time High
- MyShell price jumped 34% to a new all-time high of $0.68.
- The AI token gained after Binance announced listing of SHELL with an airdrop on Feb. 27.
MyShell (SHELL) experienced a significant increase in value on Thursday as it prepared for its listing on the Binance cryptocurrency exchange. Despite the overall downward trend in the market, MyShell saw impressive gains.
Binance Listing Drives MyShell Price to Record Levels
The native token of the AI consumer layer MyShell, SHELL, surged by over 34% to hit an all-time high of $0.68. This surge was fueled by the news of Binance’s decision to support trading for SHELL, creating positive momentum for the project.
Previously trading at around $0.45, the price of MyShell skyrocketed to above $0.60, surpassing its previous all-time high set on Feb. 17. This surge represents a remarkable 188% increase from the lows of $0.21 observed on Feb. 13.
Binance confirmed that SHELL would be listed on the exchange on February 27, 2025. Trading pairs for SHELL will include BTC, BNB, USDT, USDC, and FDUSD, with an additional pairing with the fiat currency Try.
#Binance is excited to announce MyShell(SHELL) on HODLer Airdrops – @myshell_ai $SHELL
The Airdrop page will be available on the Binance Airdrop Portal in 12 hours. Plus, this token will be listed on Binance soon!
Find out more
https://t.co/dJ0EW7T72X pic.twitter.com/H2pB0ZBM1q
— Binance (@binance) February 27, 2025
Binance has also announced an airdrop for MyShell scheduled for Feb. 27, coinciding with the official listing of the SHELL token at 13:00 UTC. Trading support will include a seed tag to indicate the token’s new status and potential price volatility.
SHELL Sees 209% Increase in Daily Trading Volume
Following the listing announcement, MyShell experienced a surge in trading volume, with a daily increase of over 209% to more than $140 million. The market cap also rose by 34% to $172 million, while the project’s fully diluted valuation reached $642 million. MyShell currently has a total supply of 1 billion tokens, with a circulating supply of 270 million SHELL.
