Binance, the largest digital currency exchange by trading volume, has announced the listing of the Shell token (SHELL). This token, designed as a decentralized layer in artificial intelligence, will also be added to Binance holder airdrop program. Shell introduces itself as a decentralized artificial intelligence layer facilitating interactions between consumers, AI developers, and open-source researchers. The native token of this platform, SHELL, will be tradable on Binance starting from Thursday, February 27, 2025, at 13:00 UTC against several trading pairs including Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Binance Coin (BNB), FDUSD, and Turkish Lira (TRY). Following this announcement, the price of the Shell token increased by over 40%, a common reaction to tokens being listed on major exchanges. Binance has also stated that there will be no fees for listing this token. The maximum supply of SHELL token will be one billion, with 270 million tokens in circulation at the time of listing. Binance will distribute 25 million tokens, equivalent to 2.5% of the total supply, to eligible users in their airdrop. Another 25 million tokens will be distributed among holders six months after being listed in the spot market.
