Binance Launches MyShell (SHELL): When is the Airdrop and Distribution?

Bittime - Binance launched MyShell (SHELL) on February 27, 2025, yesterday. Apart from that, they also announced an airdrop for BNB HODLers. Check out launch details, airdrop distribution, and potential SHELL price here.

Please note, MyShell is an innovative AI-based platform that allows users to build and own their own AI agents. Are you increasingly curious about the airdrop? Keep following this article, OK!

Binance Announces Launch of MyShell (SHELL)

Source: MyShell

Binance announced the launch of MyShell (SHELL) on February 27, 2025. It is an artificial intelligence (AI)-based platform that allows users to create, share, and own their own AI agents. 

With this launch, Binance is also holding a HODLer Airdrop program which provides benefits for BNB holders. It is not surprising that this announcement immediately attracted the attention of the global crypto community.

Binance has confirmed that SHELL trading begins on February 27 at 13:00 UTC. These tokens will be available for trading with several pairs, including BTC, USDT, USDC, BNB, FDUSD, and TRY. This news pushed SHELL prices to rise drastically by up to 40% after the announcement.

Read also: How to Test MyShell Testnet: A Binance Campaigned Project!

About MyShell (SHELL)

MyShell is an innovative AI-based platform. This project allows users to build and own their own AI agents. 

MyShell aims to create an ecosystem where users can leverage AI in a more transparent and open manner. SHELL is the main token in this ecosystem, used for transactions and incentives on the platform.

The project has attracted attention due to its promising combination of AI and blockchain technology. Based on the Ethereum network and BNB Chain, MyShell offers high efficiency and security for its users.

SHELL Airdrop Details for BNB HODLers

Sumber: MyShell

The HODLer Airdrop program is a Binance initiative to reward BNB holders. Binance allocates 2.5% of the total SHELL supply, which is 25 million tokens. 

These tokens will be distributed to BNB holders who meet the requirements. In addition, another 25 million SHELL tokens will be distributed six months after launch.

This airdrop will be given to users who have saved their BNB in ​​the Simple Earn or On-Chain Yields product between 14 to 18 February 2025 (UTC). 

Tokens will be distributed one hour before trading opens, giving an advantage to those who participate early. At launch, the total supply of SHELL circulating on the market was 270 million tokens, or around 27% of the total supply.

Read also: SHELL Price Increase Following MyShell Airdrop Collaborating with Binance?

SHELL Price Rises 40% Post Binance Announcement

Since Binance announced SHELL's listing, the price of this token has jumped more than 40%. This phenomenon is quite common when a new token enters a large exchange like Binance. 

In the last seven days, the price of MyShell has increased by around 56.7%, with a jump of 32.5% in just the last 24 hours.

If this trend continues, it is possible that SHELL prices could continue to increase, especially with the support of a rapidly developing community and ecosystem.

Conclusion

The launch of MyShell (SHELL) by Binance has attracted great attention from the crypto community. The prospects for this token look promising. The price jump of up to 40% shows great potential for investors and users of the MyShell platform in the future.

For those who wish to participate in the MyShell ecosystem, it is important to stay up to date with official Binance announcements. Apart from that, you also have to understand the token distribution mechanism so you don't miss out on opportunities. 

FAQ

1. Apa itu MyShell (SHELL)?

MyShell is an AI-based platform that allows users to build, share, and own their own AI agents. SHELL is the main token used in this ecosystem.

2. When will Binance start trading SHELL?

SHELL trading on Binance begins on February 27 at 13:00 UTC.

3. How to get SHELL airdrop?

Users who save BNB on Simple Earn or On-Chain Yields between 14-18 February 2025 (UTC) will be eligible to receive the SHELL airdrop.

4. How many SHELL tokens are allocated for the airdrop?

A total of 25 million SHELL (2.5% of total supply) will be distributed in the first HODLer Airdrop, and another 25 million will be allocated for distribution six months later.

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Reference 

Binance, Introducing MyShell (SHELL) on Binance HODLer Airdrops! Earn SHELL With Retroactive BNB Simple Earn Subscriptions, accessed February 28, 2025.

Coinpedia Binance Lists MyShell (SHELL) Today: Trading Time and Airdrop Details Revealed, accessed February 28, 2025.

PANews, MyShell (SHELL) is launched on Binance HODLer Airdrop, accessed February 28, 2025.

Author: Y