MyShell’s SHELL token hits record high after Binance listing boost

MyShell’s native cryptocurrency, SHELL, has soared to a new all-time high (ATH) of $0.68 today, propelled by Binance’s eagerly anticipated listing.

The token, which powers a decentralized AI consumer platform, has surged over 35% in the past 24 hours and nearly 60% over the last week, reflecting the market’s enthusiasm for its debut on the world’s largest crypto exchange by trading volume.

At press time, SHELL traded at $0.65, with its market capitalization reaching $175 million and a fully diluted valuation of $650 million.

Binance listing sparks market enthusiasm

The catalyst for SHELL’s remarkable ascent came with Binance’s confirmation that the token would be listed today at 13:00 UTC, opening trading against a diverse array of pairs including Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Binance Coin (BNB), First Digital USD (FDUSD), and Turkish Lira (TRY).

Notably, Binance has waived listing fees for SHELL, making it an attractive option for traders.

To further sweeten the deal, the exchange rolled out its HODLer Airdrop program, rewarding Binance Coin (BNB) token holders with a share of 25 million SHELL tokens—equivalent to 2.5% of the token’s 1 billion total supply—based on snapshots of their balances from February 14 to February 18.

These tokens are set to hit users’ spot accounts approximately an hour before trading commences, with a second airdrop of equal size planned six months post-listing.

Available on both the Ethereum (ETH) network and BNB Chain, SHELL’s integration into Binance’s ecosystem has ignited investor confidence, as evidenced by a staggering 36% price jump in just the last hour before press time.

However, the listing bears a “seed tag,” a precautionary label Binance applies to newer projects to highlight potential volatility, a nod to SHELL’s recent launch in February 2025.

What is MyShell?

MyShell is a platform designed to bridge consumers, AI agent creators, and open-source researchers. It leverages the SHELL token as a governance tool and utility powerhouse.

SHELL holders gain access to premium features, support for creators, and seamless payment options within the ecosystem.

With a circulating supply of 270 million SHELL tokens at listing (27% of the total), the project has allocated 30% of its total token supply to community incentives and 29% to a private sale with a one-year cliff and three-year unlocking period.

Additionally, 5% is earmarked for Binance’s HODLer airdrops across two events, while 1% supports a separate Binance Wallet airdrop.

This tokenomics structure, combined with Binance’s backing, positions SHELL as a promising contender in the burgeoning AI-meets-crypto space, appealing to both speculative traders and long-term believers in MyShell’s vision.

What’s next for SHELL?

The immediate aftermath of the Binance listing has already rewritten SHELL’s price history, but analysts and enthusiasts alike are watching closely for what comes next.

The zero-fee trading environment and airdrop rewards could sustain momentum, particularly as 25 million more SHELL tokens are slated for distribution in late August 2025.

However, the seed tag serves as a reminder of the risks tied to nascent projects, urging traders to tread carefully amidst the hype.

For now, SHELL’s trajectory reflects a textbook case of listing-driven euphoria, bolstered by Binance’s clout and MyShell’s innovative premise.

Whether it can maintain this altitude or faces a post-hype correction remains to be seen, but today’s milestone marks a resounding debut for the AI-powered token on the global stage.

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