Shell Coin Price Prediction: Binance Listing Fuels Bullish Rally

Shell Binance Listing Price: Is $5 Next After Binance HODLer Airdrop?

SHELL Token Skyrockets Ahead of Binance Listing—What’s Next?

MyShell's native token, SHELL, has made a good bullish run, having reached a new all-time high of $0.69 after Binance announced an airdrop and an upcoming listing on February 27 at 13:00 UTC. As more and more people become impatient, traders are speculating where potential price targets for the token might be. Is SHELL's rally going to be sustained, or might we observe a small correction?

SHELL Airdrop & Binance Listing Details

Binance’s HODLer Airdrop Event for SHELL will take place an hour before trading begins, giving early adopters a chance to receive free tokens. Upon listing, SHELL will be available for trading against major pairs, including BTC, USDT, USDC, BNB, FDUSD, and TRY.

SHELL Tokenomics & Allocation

SHELL Airdrop & Binance Listing Details

Since the announcement, SHELL has surged over 35% in 24 hours, currently trading around $0.63. With a market cap of $171 million and a fully diluted valuation (FDV) of $633 million, the AI-related token is generating significant buzz in the crypto community.

SHELL Tokenomics & Allocation

Understanding a token’s distribution can provide insight into its long-term price stability. SHELL’s total supply is 1 billion tokens, allocated as follows:

Community Incentive: 30%

Private Sale: 29%

Advisors: 3%

Team: 12%

Marketing: 3.5%

IDO: 4%

Liquidity: 5%

Ecosystem & Treasury: 13.5%

With 30% of the total supply allocated for community incentives, there is potential for organic growth and engagement, which could further support price appreciation post-listing.

Technical Analysis: Can SHELL Maintain Its Uptrend?

The hourly chart shows SHELL exhibiting strong upward momentum, exceeding the $0.60 mark. The price is presently in a bullish pennant pattern, which typically indicates reversing an uptrend. The price may move towards $1.00 if the AI token breaks the pattern, as per the trend.

Key indicators provide further insights:

A potential short-term pullback before another breakout is suggested by the Relative Strength Index (RSI), which is currently close to 68 and getting close to overbought territory.
Support Levels: SHELL may test support at $0.55 if it falls below $0.60.
Resistance Levels: Given the height of the last move, a breakout above $0.65 might drive SHELL toward $0.70–$0.75.
Volume Analysis: High trading volume supports bullish momentum, increasing the likelihood of an upward continuation.

SHELL Price Prediction – Binance Listing

SHELL is currently trading at $0.6400, and with its upcoming listing, we can expect significant volatility. Using the KAITO Binance listing as a reference, here’s what could happen:

Short-Term Listing Price Prediction:

Initial Surge: Historical patterns indicate that SHELL's high demand and FOMO (fear of missing out) will cause an initial price surge.

Expected Listing Price: $1.00 - $1.50

If buying pressure is strong, we could see an early push towards $2.00+ within hours.

Price Stabilization: After the initial volatility, prices may correct and consolidate.

Support Levels: $0.90 – $1.20

If the hype sustains, the price could form a new base above $1.50.

Bullish Scenario: If demand remains strong post-listing, SHELL could follow a similar trend to KAITO.

Target in First 24 Hours: $2.00 – $2.50+

If major investors jump in, SHELL could even test $5.00+ in the coming days.

Bearish Scenario: If selling pressure dominates, SHELL could retrace towards $0.80 – $1.00, but a complete crash below $0.60 seems unlikely unless market sentiment turns negative.

Source: TradingView

Conclusion: Is SHELL a Good Buy?

As MyShell continues to expand its ecosystem, SHELL’s long-term growth prospects look promising. With strong market sentiment, Binance’s airdrop event, and AI token hype, SHELL is positioned for a bullish launch. However, investors should be cautious of volatility and set risk management strategies accordingly.