Binance to List MyShell (SHELL), Price Soars by 40%
Binance, the largest crypto exchange based on transaction volume, announced plans to list Myshell (Shell) and added a decentralized AI consumption layer token designed as a catalog.
The exchange also added a shell to Hodler Breath of airThis is the reward of BNB holders based on historical snapshots of their BNB balance.
Binance’s new list: What users need to know
Myshell promotes as a decentralized AI consumption layer, aiming to connect consumers, You have an agent creator and open source researchers. Its local cryptocurrency Shell will be traded from Binance on Thursday, February 27 at 13:00 UTC. According to the announcement, Shell will trade with Select.
“Then, binance will list Shell (UTC) at 2025-02-27 13:00 and open transactions with BTC, USDT, USDC, USDC, BNB, FDUSD and TRY PAIRS,” excerpts from the announcement read.
Additionally, the exchange is committed to the seed tag of this new list, which is a precaution to distinguish shells from any other token. Shell’s price soared by more than 40% after this listing announcement Typical reaction to the token list of popular communications.
Binance will list the Shell with zero listing fees, meaning users can trade the shell without incurring any transaction fees.
In addition to the list, the shell token is also added Binance Exchange Hodler Airdrops plan. These positions choose BNB token holders to receive the assignment. The program rewards users retroactively, providing an easy way Earn other tokens.
“Users who have their BNB subscriptions simply get (flexible and/or locked) and/or users on the chain from 2025-02-14 00:00 (UTC) to 2025-02-18 23:59 (UTC) will get the distribution of the air conditioner.”
It is also committed to providing more details about Hodler air conditioners within about 12 hours of the listing announcement. Additionally, the new token will be distributed to the user’s spot account at least one hour before the transaction.
At the same time, it must be noted that the Myshell shell will supply up to one billion tokens. The revolving supply at the time of listing will be 270,000,000 shells, accounting for 27% of the total token supply.
Based on this cap, Binance’s Hodler Airdrop will allocate 2.5% or 25,000,000 shell tokens to qualified Binance users. Another 25,000,000 shells will be distributed to other Hodler Airdrops 6 months after on-site listing.
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