- SHELL price jumps 40% today and it is trading at $0.6388.
- Binance introduced SHELL on its HODLer airdrop earlier today.
Token listing announcements from top crypto exchanges have always resulted in price surges. Recently, Binance announced MyShell’s SHELL token on its HODLer airdrop list. The token witnessed considerable surge today as a result of the announcement.
SHELL token is trading at $0.6848 with around 40% daily price surge, at press time. The token started trading on Feb 13, with an initial price of $0.2755. After falling to $0.2197 within the first few hours, SHELL price is going on an upward price momentum.
The 24-hour trading volume of SHELL token surged by nearly 1000% today. As a result of the present surge, SHELL reached an all-time high of $0.6812 earlier today. However, SHELL token is facing extreme price fluctuations being the nascent token on the crypto market.
Binance Introduced SHELL Token on its HODLer Airdrop
Leading crypto exchange Binance made an announcement earlier today that includes the newly launched SHELL token. It introduced the SHELL token on its Binance HODLer Airdrop program. Binance users who subscribed their BNB holdings to Simple Earn or On-Chain Yields products will get their portion of Airdrop distribution.
The exchange has also announced that SHELL open trading will be available from Feb 27. Its trading pairs include BTC, USDT, USDC, BNB, FDUSD, and TRY on Binance. Out of the total SHELL supply of 1 billion tokens, 25 million tokens will be available on Binance HODLer Airdrop.
Being the largest crypto exchange that handles a large amount of daily trading volume, Binance listing announcement has created a huge impact on SHELL token price. It not only increases accessibility of SHELL tokens across the world, but also improves liquidity of the SHELL token trading.
However, the token is facing notable price fluctuations at press time. Investors must approach SHELL, or any crypto token for that matter, with caution as they involve significant risks.
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