SHELL (MyShell) rose 18.61% in the last 24 hours.

Gate News Bot news, on October 15, according to CoinMarketCap data, as of the time of writing, SHELL (MyShell) is currently priced at $0.11, with a rise of 18.61% in the last 24 hours, reaching a high of $0.13 and a low of $0.04. The current market capitalization is approximately $34 million, an increase of $5.33 million compared to yesterday.

MyShell is an AI consumption layer aimed at everyone, used to build, share, and own AI agents. The platform connects AI and blockchain through an Agentic framework, open-source models, and an AI creator community. MyShell also provides users with AI-driven entertainment and practical features while offering shared ownership. MyShell commercializes high-quality AI agents as investable assets for sustainable returns, benefiting both creators and investors. Currently, over 200,000 AI agents have been deployed on MyShell, with 170,000 active AI creators and more than 5 million users.

Important news about SHELL recently:

1️⃣ Public shell companies increase purchases of altcoins Recently, some public shell companies have significantly increased their purchases of altcoins, including SHELL. This trend has attracted market attention and could be one of the important factors leading to the rise in SHELL's price. However, this behavior has also raised concerns and doubts among some investors, who believe there may be risks of market manipulation.

2️⃣ MyShell platform users are growing rapidly The number of users on the MyShell platform and the deployment of AI agents continue to rise. Currently, the platform has over 5 million users and has deployed more than 200,000 AI agents, with active AI creators reaching 170,000. The expansion of the user base and the increase in platform activity provide strong support for the value of the SHELL token.

3️⃣ The trend of AI assetization is emerging MyShell is commercializing high-quality AI agents as investable assets, an innovative model that has attracted market attention. By realizing the assetization of AI agents, MyShell aims to create sustainable returns for creators and investors, which could be another key factor driving the rise in the value of the SHELL token.

From a technical perspective, the price of SHELL has experienced a significant pump in the past 24 hours, breaking through multiple resistance levels. However, investors should remain cautious of the potential retracement risks in the short term.

This message does not constitute investment advice, and investors should be aware of market volatility risks.