Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Max Keiser thinks bitcoin will stop Israel displacing Palestinians

    July 4, 2025

    Polymarket’s $50M Zelenskyy suit bet nears resolution

    July 4, 2025

    Litecoin Breaks Under Parallel Channel: Analyst Predicts This Target

    July 4, 2025
    Facebook X (Twitter) Instagram
    Friday, July 4
    • About
    • Contact us
    • Privacy Policy
    Facebook X (Twitter) LinkedIn YouTube
    Blockchain Echo
    Banner
    • Lithosphere News Releases
    • Bitcoin
    • Crypto
    • Ethereum
    • Litecoin
    • Altcoins
    • Blockchain
    Blockchain Echo
    Home » New Decentralized AI Altcoin Leaps After Gaining Surprise Support From Binance
    Altcoins

    New Decentralized AI Altcoin Leaps After Gaining Surprise Support From Binance

    Isabella TaylorBy Isabella TaylorFebruary 27, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    A new decentralized artificial intelligence (AI)-based altcoin is surging to the upside after abruptly gaining support from the world’s largest crypto exchange platform by volume.

    In a new announcement, Binance says its adding support for MyShell (SHELL), a protocol that allows users to create, share and own AI agents that can be used for professional and personal assistance as well as companionship.

    News of addition sent SHELL flying as the digital asset went from a low of $0.462 on February 26th to a peak of $0.661 just a day later. SHELL has since retraced and is trading for $0.597 at time of writing, a 24.4% gain during the last 24 hours.

    According to MyShell’s official website, the current crypto AI landscape is too centralized as it has closed ecosystems, a lack of incentives, and excessive restrictions, issues the projects aims to fix.

    “The rise of artificial intelligence has given birth to a notable phenomenon – the closed-source model ecosystem. Led by OpenAI, these powerful yet proprietary models offer users advanced applications and services for complex data analysis and human-computer interactions. However, behind their impressive capabilities lie some lesser-known costs…

    MyShell was born from a deep reflection on the current AI landscape. Our vision is to create a fair and open ecosystem where every participant can find their unique value proposition…

    At MyShell, we believe every contribution is essential to our ecosystem, and every innovation deserves recognition and reward.”

    Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

    Check Price Action

    Follow us on X, Facebook and Telegram

    Surf The Daily Hodl Mix

    &nbsp

    Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

    Featured Image: Shutterstock/Yurchanka Siarhei/Mingirov Yuriy





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCrypto firm Gotbit Founder Extradited to U.S. on Market Manipulation, Wire Fraud Charges
    Next Article Bybit Secures UAE Regulatory Approval Amid $1.4 Billion Hack
    Isabella Taylor

    Related Posts

    Top US Crypto Exchange by Trading Volume Coinbase Adds Support for Leading Cross-Chain Messaging Protocol Wormhole (W)

    July 3, 2025

    Trader Says the Time To Be Bullish on Altcoins Is Here, Updates Outlook on Bonk and One Other Solana-Based Memecoin

    July 3, 2025

    Sui breaks $3 resistance: Is a new ATH next?

    July 3, 2025
    Leave A Reply Cancel Reply

    Top Posts

    🐍 Lunar New Year Scratch & Win Campaign Is Live with a Grand Prize of 8,888,888 VERSE (~$1800) | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Trade VERSE/USDT on KuCoin to Earn your Share of $8400 in Rewards! | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Boost Your Crypto: Up to 30% Cash Back! | by Bitcoin.com | Jan, 2025

    January 24, 2025
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    About Us

    Stay updated on the world of cryptocurrency
    Your one-stop source for daily crypto news and insights
    Blockchainecho.info: Your trusted daily crypto companion

    Most Popular

    🐍 Lunar New Year Scratch & Win Campaign Is Live with a Grand Prize of 8,888,888 VERSE (~$1800) | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Trade VERSE/USDT on KuCoin to Earn your Share of $8400 in Rewards! | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Boost Your Crypto: Up to 30% Cash Back! | by Bitcoin.com | Jan, 2025

    January 24, 2025
    Copyright © 2025
    • Home
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.