The $SHELL token recently experienced a strong surge on #Binance , initially gaining around 35–40% on its listing day and briefly hitting an all-time high of $0.68. This momentum was fueled by a Binance airdrop campaign for BNB holders, which distributed 2.5% of the total supply, attracting trader interest. Over the following week, SHELL rallied about 57%, with nearly 32% of that rise happening within a single 24-hour window.
As of today, $SHELL is trading around $0.135, up roughly 2.2% in the past 24 hours, with daily volume hovering around $14 million. The token recently broke out of a consolidation range, showing strong bullish candles and increasing trade volume, with analysts on Binance Square noting that a firm close above $0.1352 could open room for further gains toward $0.141 and possibly $0.149.
However, some large holders have already taken profits one whale offloaded 3.39 million SHELL soon after listing, securing over $1 million in profits. Additionally, Binance cracked down on a market maker involved in misconduct with SHELL trades, adding some caution to the market.
Noticed how airdrop activities are starting to pick up again across a few platforms lately 👀. Came across one where they are selecting about 150 winners for a token drop between $5 to $500. Entries through Gleam, and it seems like new spot traders get a little bonus too. Deadline’s coming up in a few days. Always interesting seeing how these random campaigns quietly show up during slow market days makes you wonder if the space is slowly heating up again 🔥 update #BingX
