The native token of Shiba Inu’s partner, Bad Idea AI, experienced a significant increase of nearly 20% in its price following its listing on GateIO. This surge in value was primarily driven by GateIO’s support for the BAD token. Bad Idea AI remains focused on advancing its development initiatives.
GateIO Listing Boosts BAD Token
GateIO, a well-known cryptocurrency exchange, announced the commencement of trading for the BAD/USDT pair, further demonstrating its backing of the BAD token. This listing news contributed to a substantial price rally for the BAD token.
Optimistic Market Effect
Historically, GateIO’s listing announcements have had positive effects on tokens, as demonstrated by previous instances such as the surge in Shibaswap’s BONE price following margin trading commencement. The recent rally in BAD aligns with this trend and coincides with Shiba Inu’s positive market performance.
Bad Idea AI Token Surges Amid Listing Announcement
The Bad Idea AI token has seen an impressive surge of 18.18% in the past 24 hours, with a notable increase in trading volume and market capitalization, indicating positive market sentiment towards the token. The project's listing manager highlighted the significance of the listing, emphasizing its monumental impact on Bad Idea AI’s growth. Moreover, in collaboration with Shiba Inu, the introduction of S.A.R.A.H, an AI chatbot, further solidifies Bad Idea AI’s position in the industry.
Gains for Partner Shiba Inu
Alongside Bad Idea AI’s surge, Shiba Inu, the project's partner, has also experienced significant gains. These developments were acknowledged by Ethereum co-founder Vitalik Buterin.
Important: Please note that this article is solely intended for informational purposes and should not be construed as legal, tax, investment, financial, or any other form of advice.
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