Bad Idea.AI Joins the Shiba Inu Ecosystem
The head developer of Shiba Inu, Shytoshi Kusama, has recently shared updates about the SHIB ecosystem in a blog post. While Kusama’s blog highlighted Shibacals, the more concealed news pertained to Shibarium’s alliance with AI meme token venture, Bad Idea.AI.
The partnership was confirmed by the project’s official Twitter account. An image in the blog post provided an overview of all official partners and tokens that are part of the Shibarium ecosystem, including Bad Idea.AI.
Kusama expressed his enthusiasm for the partnership in the AI meme token project’s Telegram group, emphasizing that artificial intelligence (AI) will contribute to Shibarium’s decentralization. He acknowledged the invaluable insights the BAD community has shared about AI for their future projects.
Previously, the Bad Idea.AI tool has sparked discussion within the SHIB community, but it wasn’t until recently that it was revealed to be an official partner of Shiba Inu.
Shiba Inu’s AI Integration: The Dynamics of BAD
Lucie, an influencer within the SHIB community, recently promoted the AI meme token on Twitter. She highlighted that the token only has 908 holders and that she had bought it as a joke before it was announced as a ‘friendshib’ of Shiba Inu.
The official white paper of Bad Idea.AI, Shiba Inu’s new partner, explores the future coexistence of humanity and AI technology. The BAD IDEA initiative is an ‘experiment’ combining AI, blockchain, and DAOs into a ‘risky, meme-worthy concoction’.
Currently, the BAD token is only available on Uniswap V2 and has a total supply of 831 trillion BAD tokens. It stands at #2772 on CoinMarketcap with a market cap of approximately $10 million. In the last 24 hours, its trading volume surged by 702%, and its price rose by 81%.
Shiba Inu Faces Crucial Resistance
At present, the Shiba Inu price is facing significant resistance at the $0.00000837 mark, the 23.6% Fibonacci retracement level. As outlined in the last price analysis, the first scenario has occurred. Now, SHIB needs to break through the 23.6% Fibonacci level and escape the downtrend channel.