Shiba Inu’s AI Partner Concludes Audit with 40% Price Boost

The playful bad idea chatbot gains traction among crypto enthusiasts.

Puppy is leading the way in a flower field, while robot looks around at the blooming flowers.
Created by Kornelija Poderskytė from DailyCoin
  • A scrupulous security audit by InterFi deems Bad Idea AI safe to use.
  • Shiba Inu announced a partnership with Bad Idea AI a few days ago.
  • The associated memecoin $BAD reached 3,800 holders on Ethereum.

InterFi blockchain security auditors recently published a report regarding the Bad Idea AI chatbot, an official partner of SHIB Token. Both manual code review and automated analysis conducted the security audit. All solidity codes were checked for centralized exploits and smart contract vulnerabilities.

According to the report, InterFi confirmed there are no critical issues in the solidity code. The high resistance to exploitation serves as a massive advantage when crypto scams are on the rise, especially in an ambitious combination of AI, blockchain and DAOs.

AI-Based Token Climbs Crypto Charts

The native cryptocurrency of Bad Idea AI, $BAD, seems to have gained traction among crypto personalities on Twitter. Both Shytoshi Kusama and SHIB Marketing Specialist Lucie welcomed it. The artificial intelligence chatbot suggested a Shiboshi breeding mechanism for the Shiba Inu community on Discord.

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Here’s how the makers of $BAD describe the memecoin: “Think of $BAD as humanity’s “Hail Mary” pass, a last-ditch effort to secure our future in a world where artificial intelligence threatens to call the shots.” The on-chain metrics reveal that Bad Idea AI (BAD) is capped at a maximum supply of 831,041,059,897,327, while 504,783,276,248,411 is in circulation.

$BAD can be traded on ShibaSwap, but most crypto trading occurs on Uniswap, taking up 98% of the current $BAD trading volume. On top of that, the fresh off the boat cryptocurrency just got listed by BitMart, the 29th largest exchange with 12.3 million monthly visitors. 

This happened two days after CoinGecko, an independent crypto price aggregator, started tracking the $BAD coin, which currently resides at the 696th position by global market cap. At press time, $BAD trades at $0.000000037640 with an 8.6% upsurge in the last 24 hours.

https://twitter.com/shibapendence/status/1678524594108481538

On the Flipside

  • The artificial intelligence module is not accessible without video verification on the Bad Idea AI Portal.
  • The security audit report by InterFi concludes that one minor & one medium issue are unresolved.

Why This Matters

Artificial intelligence-related projects are setting a new trend in the cryptosphere.

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FAQs

What is the problem with meme coins?

Memecoins can often be highly volatile in price. Many meme currencies also have no other utility besides money transfer and trading.

Is SHIB a meme coin?

Shiba Inu (SHIB) is a meme coin on Ethereum (ETH). The ERC-20 token is developing an ecosystem that would detach $SHIB from Ethereum via Shiba Inu’s Layer-2, Shibarium.

How does ShibaSwap work?

To operate in the ShibaSwap decentralized exchange, users have to connect their Ethereum wallets. This can be done via Coinbase Wallet, Injected, or WalletConnect plugins via QR code. The DEX allows you to swap $SHIB, $BONE, and $LEASH, and features a staking service, a gate to vote on proposals, and more.

What did Elon Musk say about AI?

Elon Musk acknowledges that artificial intelligence objectivity is hard to achieve. Musk got into a feud with OpenAI, the maker of ChatGPT, and began working on a rival – TruthGPT.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.