According to the website - By Kanalcoin
The price of MyShell (SHELL) has increased by 18% in the last 24 hours amid rising investor interest prompted by recent technical launches and listings on major exchanges, as reported in the August 2025 reports.
This spike reflects growing confidence in the expansion of the MyShell ecosystem, driven by a significant rise in the popularity of AI, although future supplies reveal existing potential risks affecting market dynamics. Recent events, such as the launch of ShellAgent 2.0 and listings on major exchanges, have contributed to this upward trend.
Thanks to partnerships with AI infrastructure CARV, AWS, and Google Cloud, SHELL continues to expand. These events have led to an increase in users and heightened interest, positively impacting the token's market dynamics.
The rise in the price of MyShell (SHELL) has attracted the attention of the entire crypto community. Despite the token's price increase, the community remains cautious about a potential oversupply in the future.
Comparing this event to the listing on Binance in February 2025 reveals a pattern: sharp price spikes are followed by corrections. Such market dynamics are often observed when a token is traded on a major exchange.
Expert analysis from Kanalcoin shows that the future performance of MyShell will largely depend on how effectively the company can manage token issuance and maintain user growth. Historical data emphasizes the need to sustain demand amid potential supply pressure.
No direct statements from the founder/CEO/CTO of MyShell regarding the events of August 2025 have been found in official project communications.
