The SHELL token has experienced a significant price increase following Binance's announcement of its inclusion in the airdrop program.
SHELL Price Surge
As of press time, the SHELL token is trading at $0.6848 with a daily price increase of 40%. The token started trading on February 13 at an initial price of $0.2755, then surged to reach a maximum of $0.6812 today. The 24-hour trading volume surged by nearly 1000%, although the token's price remains volatile.
Binance Listing Announcement for SHELL
Today, the leading crypto exchange Binance announced the inclusion of the SHELL token in the HODLer Airdrop program. Users who subscribed their BNB holdings to Simple Earn or On-Chain Yields will receive their portion of the airdrop distribution. SHELL trades will open on February 27, with available trading pairs BTC, USDT, USDC, BNB, FDUSD, and TRY. Binance will offer 25 million tokens out of a total supply of 1 billion.
Trading and Risks
The listing announcement on the largest crypto exchange has increased accessibility and liquidity for SHELL tokens. However, the token also faces significant price fluctuations. Investors are advised to approach SHELL or other cryptocurrencies with caution due to the associated risks.
The recent airdrop announcement and subsequent SHELL price surge highlight the volatility and risks associated with emerging cryptocurrencies.
