• BAD Idea AI has formed a partnership with Shibarium, creating an important collaboration within the Shiba Inu ecosystem.
• Following the Aug. 16 launch of Shiba Inu’s Ethereum Layer 2 scaling solution on the mainnet, BAD experienced a 14% price increase almost immediately.
• Despite Shibarium holding one billion BAD tokens, the token is experiencing a 14% drop in price and is trading at $0.000000079804 with a 24-hour trading volume of $1,713,107.
BAD Idea AI Partnership
Shiba Inu’s lead developer announced the partnership with BAD earlier this year. The native token of Shiba Inu’s partner – BAD Idea AI – has created an important collaboration within the Shiba Inu ecosystem.
Price Increase After Launch
Following the Aug. 16 launch of Shiba Inu’s Ethereum Layer 2 scaling solution on the mainnet, BAD experienced a 14% price increase almost immediately.
Shibarium Holding One Billion Tokens
According to Shibarium’s marketing strategist, the platform currently holds one billion BAD Tokens in its diamond hands. Holding 1 billion now is fun, but how about holding that amount until 2025 — | Summer of Shibarium (@LucieSHIB) August 28, 2023
Current Price Drop
Despite its positive start and Shibarium holding a total of one billion BAD Tokens, the token is experiencing a 14% drop in price and is trading at $0.000000079804 with a 24-hour trading volume of $1,713,107 according to data from CoinGecko.
Conclusion
Bad Idea AI has gained attention for its innovative approach and achievements as well as its strong connection with the Shiba Inu ecosystem through its partnership with Shibarium . Despite initially seeing gains following their launch on mainnet it seems that current prices are still dropping despite large holdings by Shibarium .