Binance Begins Second HODLer Airdrop for MyShell Tokens

Binance will launch the second HODLer airdrop for MyShell (SHELL) on August 27, 2025, distributing 25 million SHELL tokens to eligible BNB users.

The airdrop represents 2.5% of SHELL’s total supply, potentially impacting market dynamics and providing incentivization for BNB holders engaging in specific earning products.

Binance Airdrop: 25 Million SHELL Tokens to BNB Holders

Binance’s airdrop delivers 25 million SHELL tokens to eligible BNB holders, marking 2.5% of the total supply. Users participating in principal-protected products during July 24-28, 2025, are included. The airdrop aligns with Binance’s strategy to involve customers in lucrative earning products.

Key implications include potential increases in the market cap and trading activity for SHELL. Historically, similar airdrops have elevated token prices and liquidity, providing traders with ample opportunities to adjust their portfolios.

“Fellow Binancians, Following our February 2025 announcement, Binance is now launching the second HODLer Airdrop for the previously scheduled 25,000,000 SHELL.” —
Binance Announcement, August 27, 2025

Users and market analysts have watched closely, with cautious optimism for price volatility and trading volume surges. Binance’s decision reinforces its position as a leader in fostering innovative financial products for users who leverage BNB.

MyShell Trading Dynamics and Market Predictions

Did you know? Previous Binance airdrops, like SUI and AEVO, resulted in significant TVL growth, underscoring the impact of BNB-linked incentivization.

MyShell tokens currently trade at a price of $0.13, according to CoinMarketCap data. The market cap stands at $39.06 million, with a trading volume of $54.51 million, reflecting an 87.87% increase over the past 24 hours. Recent price movements show a decrease of 4.36% in the past 24 hours and 27.02% in the last 30 days. The circulating supply is nearly 299 million, with a fully diluted market cap of $130.63 million, highlighting the token’s expansive reach and influence.

The Coincu research team emphasizes that the airdrop could lead to short-term trading spikes and potentially bolster Binance’s reputation on a global scale. With increased access to liquidity, SHELL’s future trading conditions may improve, paralleling historical trends seen with other major tokens on Binance.