MyShell begins SHELL buyback early, plans $8M repurchase

According to on-chain analyst @EmberCN, MyShell (SHELL) started its buyback four days earlier than announced, using $8 million earned from market-making activities. So far, 18.45 million SHELL tokens worth $5.43 million have been repurchased, with $2.57 million still allocated for future buybacks. Despite recent market maker issues, MyShell successfully launched its AI agent launchpad, benefiting from the current Binance Smart Chain (BSC) hype around meme and AI projects.