Shiba Inu Partner Bad Idea AI Drops 61% Despite New Listings

Shiba Inu’s AI partner $BAD is on a rapid downward spiral, but a major listing might just save the day.

Sad little robot in a desert dripping blood from it's negative red chart on its face.
Created by Gabor Kovacs from DailyCoin
  • Bad Idea AI (BAD) makes the top watched memecoin list on Crypto.Com.
  • AI-powered memecoin $BAD tumbles 14% in a day, dropping out of the TOP 500.
  • Blockchain analysis company LunarCrush lists $BAD amid major listing rumors.

Shiba Inu’s artificial intelligence partner Bad Idea AI (BAD) reached over 462,000 social mentions yesterday, but the memecoin continues to plunge. The social dominance for $BAD comes as holders of the AI cryptocurrency expect to see a new listing.

Bad Idea AI Going Through a Bad Patch?

The five-month-old cryptocurrency emerged on Shiba Inu’s Discord, giving ideas about the Shiboshis breeding mechanism in the official Shiba Inu card game. The chatbot associated with the token has won the favor of many crypto enthusiasts for its sense of humor and the unique idea to blend memecoins and DAOs with artificial intelligence (AI).

Despite expansion plans, $BAD dropped out of the TOP 500 by global market cap. This comes as a gradual market price correction after the $BAD token had a great August, scooping up 117.1% gains before major listing rumors surfaced across multiple social media platforms.

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Previously, SHIB Token’s marketing team lead, Lucie SHIB, asserted that the BAD token will be pivotal in Shiba Inu’s Ecosystem.

However, things have turned downward for $BAD, losing 61.4% of its value in the last 30 days. At press time, #601 BAD trades at $0.000000042374, according to CoinGecko. Despite a steep decline of 14% in the last 24 hours, $BAD was still trading 122.95% above its all-time low hit two months ago.

On the Flipside

  • Despite making it to the most watched memecoin list on Crypto.Com, the AI token is still not listed by any major exchange.
  • However, blockchain social analysis platform LunarCrush recently added Bad Idea AI (BAD) to their native crypto platform.

Why This Matters

Artificial intelligence (AI) tokens are the latest trend in fintech.

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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.