The surge in SHELL's price is not a coincidence. This includes the short-term stimulation brought by Binance's 'HODLer airdrop' mechanism, as well as the long-term contributions of MyShell in technology, economic models, and ecological development. Co-founder Ethan Sun has a background in AI and robotics from Oxford University, with previous experience in product strategy at former AI unicorn companies, and has developed products with tens of millions of users. Overview of SHELL tokens: 1 billion tokens, with a current circulation of 270 million (27%), and a distinctive distribution structure. 30% of the tokens are used for user incentive construction, which is higher than the team (12%) and investors (29%); a long-term lock-up strategy is adopted, with private placement investors having a 1-year lock-up period before releasing in batches over the next 3-4 years; additionally, 13.5% of the tokens are injected into the treasury for developer financing and strategic cooperation. This model aligns very well with MyShell's positioning as a 'centralized AI creation ecosystem'. Currently, the platform has attracted over 100,000 registered users, launched zombie AI robots and customized agents, and creators are earning well daily, forming a positive cycle. From incubation to listing, MyShell began collaborating with Binance's incubation program in 2023 and subsequently received strategic investment. This listing also includes the 'HODLer airdrop', with 50 million SHELL airdropped (accounting for 5% of the total), half of which has been distributed through BNB lock-up, and the other half will be released after 6 months. Binance also has zero listing fees and policies to increase trading, which have enhanced market effects. Historically, the first-week price increase of new AI projects listed on Binance has been considerable, with SHELL's technology being even scarcer, resulting in a growth exceeding benchmarks. On the infrastructure side, BNB Chain has reduced Gas fees, and MyShell is one of the projects promoting migration, creating favorable conditions for its development. $SHELL
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