- BAD Idea AI showcases a remarkable 500% price surge in August, surpassing major cryptocurrencies.
- After its official partnership with Shiba Inu, BAD’s market capitalization and holder count experience significant growth.
BAD Idea AI’s Meteoric Rise in the Crypto World
The last two weeks have unveiled the prodigious potential of BAD Idea AI (BAD), as it surged ahead of crypto giants like Bitcoin (BTC), Ethereum (ETH), and even the tokens from the Shiba Inu Ecosystem (SHIB, BONE, LEASH). For the uninitiated, the rapidly ascending cryptocurrency is emblematic of the dynamic shifts and new players reshaping the digital currency landscape.
This month alone, BAD Idea AI registered a near-500% price upswing, marking its all-time high (ATH) price at $0.000000193994. It now boasts a market cap of $76.38 million, catapulting it into the ranks of the world’s top 300 cryptocurrencies.
The price of Bad Idea AI ($BAD) increased ~500% in August.
If you're interested in $BAD, you should keep an eye on this top holder with 120.3T $BAD(14.5% of total supply).https://t.co/MStHHo70OS pic.twitter.com/OaS2soZ5sJ
— Lookonchain (@lookonchain) August 14, 2023
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From Partnership to Pivotal Role
The trajectory of BAD Idea AI’s rise is inextricably linked with its July induction into Shiba Inu’s official partner repertoire. This partnership not only gave BAD a significant credibility boost but also opened new avenues. Case in point: Shytoshi Kusama’s decision to utilize Bad Idea AI technology for his keynote speech at the imminent Blockchain Futurist Conference 2023.
Kusama’s endorsement of BAD doesn’t end there. In a recent telegram interaction, he intimated the community about BAD’s central role in the next evolutionary chapter of the Shiba Inu Ecosystem. Such validation from SHIB’s lead developer paved the way for BAD’s recognition from globally reputed exchanges.
The crypto reporting authority, The Crypto Basic, unveiled Poloniex’s decision to support BAD on its platform. Additionally, crypto enthusiasts can trade BAD on other established platforms like ShibaSwap, Bitmart, SushiSwap, and Uniswap V2.
Milestones don’t stop for BAD Idea AI as its holder count recently crossed the 10,500 mark. Delving deeper with Lookonchain’s analytics, it’s revealed that the predominant Whale possesses 120.3 trillion BAD tokens, accounting for a substantial 14.5% of BAD’s total circulation.
As per CoinGecko’s recent analytics, BAD is enjoying a spike in its market activity, with its 24-hour trading volume swelling by 28.30%. While its current trading price has experienced a dip, the market cap remains steady at $76.38 million, signifying its resilience in the fluctuating crypto market.
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