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MyShell (SHELL) Set for Binance Listing on February 27, 2025, Amid Price Surge and Airdrop Rewards


  • Binance is set to revolutionize the market by listing MyShell (SHELL), a unique decentralized AI consumer layer token, on February 27, 2025.

  • In anticipation of this groundbreaking listing, SHELL’s price soared by over 40%, demonstrating the robust market reaction typical for projects on major exchanges.

  • According to a Binance representative, “The decision to eliminate listing fees enhances accessibility for traders and incentivizes participation in the SHELL ecosystem.”

MyShell (SHELL) is launching on Binance on February 27, 2025, with zero listing fees and rewarding BNB holders through an airdrop program.

Binance New Listing: What Users Need To Know

MyShell promotes itself as a decentralized AI consumer layer designed to bridge the gap between consumers, AI developers, and open-source researchers. Trading for SHELL will commence on Binance at 13:00 UTC on February 27, with multiple trading pairs available including BTC, USDT, USDC, BNB, FDUSD, and TRY.

“Binance will then list SHELL at 2025-02-27 13:00 (UTC) and open trading against BTC, USDT, USDC, BNB, FDUSD, and TRY pairs,” the announcement highlighted, emphasizing the diverse options available for traders.

Additionally, Binance plans to implement a seed tag for SHELL, ensuring its distinct identity amid numerous other tokens on the exchange. Following the announcement, the SHELL price reacted positively, experiencing a 40% surge—a reaction commonly seen with significant listings on leading exchanges.

MyShell SHELL Price Performance

Users can take advantage of the zero listing fees policy, allowing trading of SHELL without any additional costs, thus making it accessible to a wider audience.

Moreover, SHELL tokens will participate in the Binance HODLer airdrops, targeting BNB holders to receive enhanced allocations. This initiative retroactively rewards users, creating a lucrative opportunity for BNB holders to accumulate additional tokens.

“Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-02-14 00:00 (UTC) to 2025-02-18 23:59 (UTC) will get the airdrops distribution,” Binance emphasized in their announcement.

Furthermore, Binance pledged to disclose additional details regarding the HODLer Airdrops approximately 12 hours after the listing. Participants should expect these new tokens to be credited to their Spot Accounts at least an hour prior to trading commencing.

Importantly, MyShell’s SHELL will have a total supply capped at one billion tokens, with an initial circulating supply of 270 million SHELL tokens available at the time of the Binance listing, representing 27% of the total supply.

Given this setup, the HODLer airdrop mechanism will distribute a mere 2.5% (25 million SHELL tokens) to eligible BNB holders. Moreover, an additional distribution of 25 million SHELL tokens will take place six months post-listing to further incentivize long-term engagement.

Market Implications and Future Outlook

The launch of SHELL on Binance is poised to create significant interest not only for traders but also for developers and researchers in the crypto sphere. The decentralized AI consumer layer could potentially streamline service offerings and interactions in various sectors. Given the ongoing evolution in the crypto landscape, the successful introduction of SHELL might foster additional collaborations and innovations.

Conclusion

In summary, MyShell (SHELL) stands on the brink of an exciting opportunity as it prepares for its listing on Binance. With zero listing fees and engaging airdrop incentives for BNB holders, SHELL could not only enhance user participation but also set new standards in the crypto market. Traders and holders alike should watch closely as the project unfolds, facilitating interactions between AI technology and consumer engagement in novel ways.

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Source: https://en.coinotag.com/myshell-shell-set-for-binance-listing-on-february-27-2025-amid-price-surge-and-airdrop-rewards/





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