Binance has announced the launch of the second HODLer airdrop for MyShell, scheduled for August 27, 2025. During this event, 25 million SHELL tokens will be distributed to BNB holders.
Details of the Airdrop and Participation Rules
The airdrop includes the distribution of 25 million SHELL tokens, representing 2.5% of the total supply. Participants utilizing principal-protected products from July 24 to July 28, 2025, are eligible to receive tokens. This initiative aligns with Binance's strategy to engage customers in earning products.
Impact on MyShell Trading Dynamics
Previous Binance airdrops, such as SUI and AEVO, showed significant trading volume increases. The exchange hopes this airdrop will similarly impact the market capitalization and trading activity of SHELL.
Prospects and Predictions for SHELL
Currently, MyShell tokens are trading at $0.13, with a market cap of $39.06 million. The trading volume is $54.51 million, reflecting an 87.87% increase over the past 24 hours. The airdrop is expected to lead to short-term trading spikes and enhance Binance's reputation in the global market.
The launch of the second HODLer airdrop by Binance marks a significant event in the cryptocurrency ecosystem. It could bring both short-term and long-term changes to the market dynamics of the SHELL token.
