- MyShell’s price jumped 34% to a new all-time high of $0.68
- The AI token gained in value after Binance announced the listing of SHELL with an airdrop on February 27.
MyShell (SHELL) rose sharply on Thursday as the market jostled for positioning amid the artificial intelligence (AI) related project’s anticipated listing on crypto exchange Binance.
Gains for SHELL defied the overall downturn, with most cryptocurrencies in the red on the day and over the past week.
Binance listing catapults MyShell price to a new high
SHELL, the native token of the AI consumer layer MyShell, spiked more than 34% to reach a new all-time high of $0.68. The project, which is building an agentic framework for AI agents, benefited from upside momentum catalysed by the news that Binance will add trading support for SHELL.
Having changed hands around $0.45, MyShell’s price rocketed to above $0.60 and broke the previous ATH reached on February 17. The token’s uptick means the current price is about 188% from the lows of $0.21 seen on February 13.
Binance announced that the exchange will be listing SHELL on February 27, 2025.
The top CEX plans to add trading pairs for SHELL against BTC, BNB, USDT, USDC, and the FDUSD. SHELL will also have a trading pair 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
According to Binance, an airdrop& for MyShell will occur on Thursday, February 27. With this will also be the official listing of the SHELL token, expected at 13:00 UTC.
Trading support for the cryptocurrency will include a seed tag, Binance noted. A seed tag is a marker added to the listed token to indicate the project is new and its price may experience huge volatility. It signals potential risk to buyers.
SHELL daily volume spikes 209%
The listing announcement saw a notable influx into MyShell, with the native token witnessing a major spike.
SHELL’s daily trading volume rose by more than 209% to over $140 million, while the market cap increased 34% to $172 million. The project’s fully diluted valuation currently stands at $642 million. MyShell has a total supply of one billion and circulating supply of 270 million SHELL.
The post MyShell (SHELL) jumps to all-time high on Binance listing news appeared first on CoinJournal.
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