The MyShell token (SHELL) has officially been listed on Binance, accompanied by a highly anticipated HODLer airdrop that has already made waves in the cryptocurrency community. Binance announced the distribution of 25 million SHELL tokens, marking the first phase of the airdrop, aimed at rewarding Binance users who participated in the exchange’s Simple Earn and On-Chain Yield programs between February 14 and February 18, 2025.
This airdrop is a key part of MyShell’s strategy to increase visibility and bolster its user base. It targets BNB holders—users who subscribed to Binance’s Earn products—allowing them to receive free SHELL tokens. An additional 25 million SHELL tokens will be distributed after six months, making this a long-term engagement initiative.
The announcement of the listing and the airdrop immediately had an impact on the market. Following the news, SHELL’s price surged by 45%, reaching an all-time high (ATH) of $0.6816 within hours. This spike brought the token’s market capitalization to $184.2 million and set the stage for further trading activity on Binance, with SHELL available in several trading pairs including BTC, USDT, USDC, BNB, and others.
The HODLer airdrop aims to reward early supporters of the token while also fueling interest in MyShell’s decentralized AI consumer layer. By distributing a portion of its token supply to Binance’s broad user base, MyShell hopes to expand its presence in the rapidly growing AI and Web3 sectors.
The ongoing airdrop and Binance listing are expected to drive further interest in SHELL, with many speculating that the token could continue its bullish momentum in the coming weeks. However, with future token releases and market volatility in play, investors are advised to proceed with caution and conduct thorough research.
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