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This Trending AI Token Hits New ATH After Binance Listing
The crypto market has been experiencing a tumultuous period lately, with major players such as Bitcoin and Ethereum struggling to find their footing. However, one cryptocurrency has defied the downward trend and is making waves in the industry – MyShell’s SHELL token.
In an astonishing turn of events, SHELL has surged almost 34% in the last 24 hours, reaching an all-time high (ATH) of $0.6816. The unexpected surge is largely attributed to the token’s listing on Binance, one of the largest cryptocurrency exchanges globally.
The listing and subsequent airdrop distribution have propelled MyShell to the top of trending tokens, resulting in an unprecedented trading volume surpassing $156 million. Despite being 6.8% lower than its new ATH, the token remains a popular choice among investors, with its price increasing by almost 58% over the past week.
This remarkable growth has seen SHELL outperform both the broader crypto market and similar Delphi assets, which have averaged an 8.1% increase. The token’s market capitalization stands at $171.4 million, placing it at #324 among the largest capped cryptocurrencies.
Source: https://cryptopotato.com/this-trending-ai-token-hits-new-ath-after-binance-listing/
