MyShell's SHELL IDO: 11425% Oversubscribed in 21 Seconds

MyShell's SHELL IDO Oversubscribed by 11425%, with 145,106 BNB Participated in the Subscription

MyShell, a leading AI technology company, recently announced the successful conclusion of its SHELL IDO (Initial DEX Offering). The event, which took place on February 14th, was a resounding success, with an oversubscription rate of 11425%.

The SHELL IDO attracted a significant amount of interest from the cryptocurrency community, with 145,106 BNB (Binance Coin) staked in the subscription. The fundraising goal was achieved in a mere 21 seconds, demonstrating the strong demand for SHELL tokens.

In just 5 minutes, the subscription amount exceeded the fundraising target fivefold, and within 30 minutes, it reached ten times the goal. The oversubscription rate eventually reached 100x, highlighting the immense interest in MyShell's AI products and the company's mission to drive the development of foundational AI technologies.

The overwhelming response to the SHELL IDO reflects the unified belief within the MyShell community in the company's ability to build AI products that truly meet market needs and gain recognition through innovation and execution. MyShell remains committed to its core mission of driving the development of foundational AI technologies, building robust infrastructure, and sharing breakthrough innovations through open-source contributions.