MyShell Token Generation Event (TGE) has attracted over 50,000 BNB in subscriptions.

BlockBeats News, February 13, according to information on the relevant page, MyShell's token generation event (TGE) conducted in partnership with PancakeSwap through Binance Wallet has currently received 52,663 BNB (approximately $37.12 million) in subscriptions. The project, which planned to raise 1,270 BNB, has been oversubscribed by over 4000%.

Prior to this, according to the official announcement, MyShell released 40 million SHELL tokens in this event, accounting for 4% of the total supply, priced at 0.00003175 BNB per token. The project aimed to raise 1,270 BNB, with an IDO market cap of only $20 million.