---In-depth Analysis of Binance Square on March 2, 2025
One, Price Trend: High-level Fluctuation, Market Discrepancies Intensifying
Today, SHELL continues the heat after being listed on Binance, with prices fluctuating in the $0.45-$0.55 range, and a 24-hour trading volume exceeding $120 million, with a turnover rate of up to 35%. Compared to the low point of $0.22 two weeks ago, the cumulative increase remains above 195%, but short-term volatility has significantly amplified, indicating fierce long-short battles. Technically, the 4-hour K-line shows an "ascending wedge" pattern. If it breaks through the $0.75 resistance level, a new round of increases is expected; if it falls below the $0.55 support, it may retest the $0.45 key level.
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Two, Review of Surge Logic: Binance Effect + AI Narrative Dual Drive
1. Backed by Binance Ecosystem: As a BSC chain project incubated by Binance Labs, SHELL received support for six trading pairs upon launch and attracted short-term liquidity through the “HODLer airdrop” mechanism^1.
2. AI Track Explosion: MyShell, with 200,000 AI agents deployed and an average of one million interactions per day, has become a traffic entry point in the "AI + Web3" field^1. Its open-source frameworks like MeloTTS and OpenVoice are seen by the community as the “civilian version of OpenAI”^4.
3. Chip Game Advantage: The current circulation is only 270 million (accounting for 27%), and the low circulation and high control characteristics amplify price elasticity^1.
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Three, Risk Warning: Three Major Concerns Under the Carnival
1. Token Release Pressure: The first round of private placement unlocking is expected in Q1 2026 (accounting for 29% of the total), combined with team token releases, potentially creating a selling pressure of about 410 million tokens, and the market value pressure risk must be heeded^1.
2. Intensified Competition in the Field: The entry of Microsoft's Azure on-chain AI platform and the diversion of funds by Fantom chain's imitation AICHAIN test MyShell's technical moat^1^4.
3. Ecological Blood Generation Ability: 90% of the platform's AI agents are still entertainment tools, and the ability to implement in complex scenarios (such as smart contract auditing) has yet to be verified^1.
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Four, Operational Suggestions: Follow the Trend and Focus on Three Major Signals
- Short-term Investors: Pay attention to the breakthrough of $0.75, combined with BTC market correlation (current BTC support level is $83,076) for phased profit-taking^5.
- Long-term Holders: Need to closely monitor:
✅ Team Technical Roadmap Execution Progress (e.g., multimodal AI upgrade)
✅ Developer Ecosystem Growth Data (targeting over 500,000 AI agents within the year)
✅ Exchange Liquidity Support (especially focusing on changes in Binance's spot holdings)
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Conclusion
The dramatic rise and fall of SHELL is a classic interpretation of the “narrative economics” of the crypto market. In the wave of collision between AI and blockchain, one must embrace innovation dividends while being wary of bubble burst risks. As Binance founder CZ said: “In a bull market, making money relies on courage; in a bear market, survival relies on understanding.”