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Cryptocurrency News Articles

Shiba Inu Partner Bad Idea AI Rockets on GateIO Listing

Mar 27, 2024 at 07:03 pm

Bad Idea AI (BAD) has experienced a surge in value following a partnership with Shiba Inu (SHIB) and a listing on GateIO, a prominent cryptocurrency exchange. The 20% price increase in BAD is primarily attributed to this listing, as GateIO has a history of positively impacting token prices. The partnership with Shiba Inu and the launch of the AI chatbot S.A.R.A.H have further contributed to the project's success, reinforcing its position in the cryptocurrency market.

Shiba Inu Partner Bad Idea AI Rockets on GateIO Listing

Shiba Inu Partner Bad Idea AI Soars on GateIO Listing

Innovative AI developer Bad Idea AI has sparked a frenzy in the burgeoning crypto sphere, fueled by a parabolic surge of approximately 20% in its native token, BAD. The remarkable rally is largely attributed to a pivotal listing announcement by prominent cryptocurrency exchange GateIO, injecting a wave of market optimism for the token.

GateIO Strengthens Support for BAD

As per an official communique disseminated by GateIO, the new BAD/USDT trading pair commenced operations today at 9:00 AM UTC. This strategic move underscores the exchange's commitment to supporting the token, propelling its price trajectory as evidenced by the aforementioned surge.

@Gateio_Startup
#Gateio New Listing: $BAD @badideaai
⏰Trading Starts: 9:00 AM on March 27th (UTC), 2024
📈Trade Here: https://t.co/rgC2ZRa2OS
#NewListing #GateioStartup #Launchpad

pic.twitter.com/ZrY0r6LsGm

March 27, 2024

Historical precedents suggest that GateIO's listing prowess exerts a positive market sentiment on tokens. Earlier this month, the commencement of margin trading for Shiba Inu's BONE token on the exchange triggered a near-10% surge in the price of Shibaswap's BONE. The recent BAD token rally echoes this trend. Notably, BAD's ascent aligns with the broader uptrend exhibited by Shiba Inu in the market.

BAD Token Rallies Amidst Broader Market Momentum

At the time of writing, the Bad Idea AI token had surged an impressive 20.18% in the past 24 hours, despite a subsequent correction. Its current trading price stands at $0.00000005789. This surge is corroborated by a significant 69.22% increase in 24-hour trading volume and a 17.07% jump in market capitalization, signaling a surge in bullish sentiment.

The project's listing manager, known as Mr. Lightspeed, hailed the listing as a major milestone for Bad Idea AI in a post on X. The collaboration with Shiba Inu, resulting in the development of the AI chatbot S.A.R.A.H, further solidifies the project's industry foothold. Meanwhile, Shiba Inu, the project's partner, has also experienced significant gains, as highlighted by Ethereum co-founder Vitalik Buterin earlier today.

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