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COINTURK NEWS > Altcoin News > Investors React as SHELL Coin Skyrockets Following Binance Listing Announcement
Altcoin News

Investors React as SHELL Coin Skyrockets Following Binance Listing Announcement

In Brief

  • SHELL coin surged nearly 40% after Binance listing announcement.

  • The coin price grew by 32.5% within 24 hours of the announcement.

  • A HODLer AirDrop campaign will distribute additional SHELL coins to BNB holders.

İlayda Peker
İlayda Peker 3 months ago
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MyShell (SHELL) registered a significant price surge after the announcement of its listing on Binance. Following the news, the AI-based protocol’s primary asset, SHELL coin, saw a nearly 40% increase in value. Trading for SHELL will commence today on the Binance platform, and a HODLer AirDrop campaign is also set to take place for BNB holders.

Contents
SHELL Coin Price Rises with Binance AnnouncementDetails of Binance’s SHELL Coin Listing

SHELL Coin Price Rises with Binance Announcement

SHELL coin experienced a robust price increase following Binance’s listing announcement. According to the latest data, the altcoin‘s price surged by 40%. Over the last week, SHELL recorded a total value increase of 56.7%, with a 32.5% growth observed in just the past 24 hours.

Binance SHELL Coin Listing

Listings on major exchanges typically lead to a swift price rise for the associated altcoin. SHELL coin has followed this trend, as the announcement increased investor interest and buyer demand. Experts believe that the Binance listing will be followed by additional exchange listings, which will continue to push the price upward.

Current data shows that SHELL is trading at $0.6290, reflecting a 32.5% increase over the last 24 hours.

Details of Binance’s SHELL Coin Listing

Additionally, Binance will officially list SHELL today at 16:00 UTC. The trading pairs available for the altcoin include BTC, USDT, USDC, BNB, FDUSD, and TRY.

The total supply of SHELL has been announced to be 1 billion coins, with 270 million coins set to be in circulation at the time of listing, representing 27% of the total supply.

Alongside the listing, Binance will launch a HODLer AirDrop campaign, allowing BNB holders a chance to earn free SHELL coins. Approximately 2.5% of SHELL’s supply, equating to about 25 million coins, will be distributed through this AirDrop campaign. Furthermore, Binance plans another HODLer AirDrop for an additional 25 million SHELL coins at least six months later.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 27 February, 2025 - 2:05 pm 27 February, 2025 - 2:05 pm
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